March 19, 2018
IRS Looking for Bogus Tax Shelters
These sophisticated schemes, particularly those involving micro-captive insurance shelters, can be peddled by promoters and others to avoid taxes.
March 19, 2018
These sophisticated schemes, particularly those involving micro-captive insurance shelters, can be peddled by promoters and others to avoid taxes.
February 19, 2018
Waiting on your tax refund? Wondering: “Where’s my refund? (Or) Where’s my income tax refund?” – We have the answer. It depends on a couple of things, but the good news is that there are several tools to help find out. (This article was updated on Feb. 18, 2018.) First of all, taxpayers who use...…
February 15, 2018
Refund Date Estimation Chart. The IRS started processing most returns on January 29, but will not start processing returns with the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) until mid-February 2018.
February 13, 2018
You want your income tax refund, and you want it soon. Unfortunately, the IRS is processing millions of tax refunds right now. So how can you find out when you'll get yours? This chart shows you.
February 13, 2018
Waiting on your tax refund? Wondering: "Where's my refund? (Or) Where's my income tax refund?" - We have the answer. It depends on a couple of things, but the good news is that there are several tools to help find out. (This article was updated on Feb. 16
February 6, 2018
According to the contingency plan that went into effect during the first shutdown, about half the IRS staff – around 35,000 workers -- will be told to stay home. The other half will still punch in.
January 29, 2018
The shutdown of the federal government on January 20 only lasted two days. But another deadline is looming: Uncle Sam will close up shop again on February 8 if Congress doesn’t take further action.
January 24, 2018
If nominated and approved, Rettig faces an uphill battle in turning around the IRS, which has suffered in recent years from a dwindling budget and several black eyes, including the “Tea Party scandal” that unfolded under Koskinen’s watch.
January 23, 2018
A special computation method, available only to people who lived in one of the hurricane disaster areas during 2017, may enable them to claim the EITC or claim a larger than usual credit. Under this method, taxpayers whose incomes dropped in 2017 can ...
January 22, 2018
Participants in the program who are not attorneys, CPAs or EAs do not have unlimited rights. Their rights are limited to representing clients whose returns they prepare and sign, but only before revenue agents, customer service agents and the taxpayer ...
January 19, 2018
The endless stream of forms, deductions and claims is, shall I say, less than enjoyable, and this hardship only increases when you have an unconventional occupation – such as a freelance anything – or own a business (particularly one with employees).
January 17, 2018
Here’s how the scam works: Cybercriminals do their homework, identifying chief operating officers, school executives or others in positions of authority. Using a technique known as business email compromise (BEC) or business email spoofing (BES), ...