Taxes

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 How Accountants Can Help Clients Avoid Scams

March 16, 2016 

How Accountants Can Help Clients Avoid Scams

Accountants pride themselves on their role as protectors of their clients -- using their continuing education; vast resources from the IRS and industry; and even the audit process to help business owners and investors to side-step the worst of the ...

Dave McClure

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March 16, 2016 

Tax Season: Go Be a Hero

Tax accountants have always been the white knights. Auditors were viewed by clients as necessary, consultants the fascinating innovators, but tax accountants were there to save the day.

Gail Perry

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March 15, 2016 

Special Report Looks At European Anti-Tax Avoidance Package

Thomson Reuters Checkpoint has just released a special report, European Commission Presents Anti-Tax Avoidance (ATA) Package, summarizing the ATA Package to help businesses plan for the latest developments in advance of implementation.

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March 15, 2016 

Tax Reform Takes Center Stage in 2016

The Protecting Americans from Tax Hikes Act of 2015 (PATH Act) may be the last significant tax bill of the Obama administration. With the 2016 presidential election looming, tax directors are closely watching how America’s choice will impact the tax ...

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March 14, 2016 

Tampon Tax Court Case Seeks Refunds

Court papers note that the state doesn’t tax other hygiene items like Rogaine, foot powder, dandruff shampoo, ChapStick, facial wash, adult diapers and incontinence pads, but tampons and sanitary pads are subject to sales tax.

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March 14, 2016 

IRS Taxpayer Advisory Panel Gets New Members

The new TAP members will join 41 returning members to round out the panel of 73 volunteers for 2016. The new members were selected from more than 1,000 interested individuals who applied during an open recruitment period last spring and the pool of ...

 IRS Warns Payroll and HR Pros of W-2 Scams

March 1, 2016 

IRS Warns Payroll and HR Pros of W-2 Scams

The Internal Revenue Service has issued an alert to payroll and human resources professionals to beware of an emerging phishing email scheme that purports to be from company executives and requests personal information on employees.

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March 1, 2016 

New Tax Laws Offer Big Benefits to Some Small Businesses

This legislation included the extension of more than 50 tax credit and incentive programs that expired on Dec. 31, 2014 – among them an array of federal tax credits that offer incentives to employers who implement various hiring, training and ...

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February 29, 2016 

Comparing the Income Tax Returns of the 2016 Presidential Candidates

The latest dust-up involving Donald Trump, the front runner for the Republican presidential nomination, centers around his federal income tax returns. To this point, Trump has declined to release information about his latest tax returns, citing ongoing audits as this reason for the refusal. In the meantime, chief GOP rivals Ted Cruz and Marco Rubio...…

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February 29, 2016 

Scammers Get Creative With Leap Day

You know you’ve been the consumer watchdog reporter for a long time when you start to think like a scammer. That’s exactly how my brain was working a week ago when I saw Leap Day was fast approaching. “I’ll write about all the Feb. 29 swindles that people should watch out for,” I thought. Incorrectly,...…