Taxes

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December 18, 2014 

Ring In Tax Tidings for Stock Sales on New Year’s Eve

Suppose you need to sell stock to realize a capital gain or loss at the end of the year. As the time for the stock exchange to close business on December 31 nears, you pull the trigger on the transaction, just getting it in under the wire. Will the result

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December 17, 2014 

Congress Creates New Tax-Favored Savings Accounts for Disabled

As part of its last moves before the holidays, the lame duck Congress and Senate passed the Tax Increase Prevention Act of 2014, which primarily focused on many tax deductions and credits that had technically expired at the end of last year.

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December 17, 2014 

Congress Renews Most Expired Tax Breaks

At long last, Congress granted a reprieve for most of the expired tax provisions that had remained in limbo this year, but the late-breaking tax relief is only temporary.

 National Accounting Society Warns Taxpayers of Scams

December 15, 2014 

National Accounting Society Warns Taxpayers of Scams

The National Society of Accountants (NSA) is warning that many taxpayers have been victims of an aggressive and sophisticated phone scam where callers claim to be employees of the Internal Revenue Service (IRS), but are not.

 Greatland Takes W-2 and 1099 Reporting Programs to the Cloud

December 14, 2014 

Greatland Takes W-2 and 1099 Reporting Programs to the Cloud

Professional tax and accounting software and resource provider Greatland has announced the launch of the web-based features of its new Yearli product, a comprehensive W-2 and 1099 reporting software and online filing platform for businesses...

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December 12, 2014 

IRS Issues New Procedure for Offers in Compromise Appeals

The Internal Revenue Service is releasing a revenue procedure today providing rules for the nationwide rollout of post-Appeals mediation for Offer in Compromise (OIC) and Trust Fund Recovery Penalty (TFRP) cases. The IRS Office of Appeals originally ...

 Are Your Business Clients Really Ready for Obamacare?

December 12, 2014 

Are Your Business Clients Really Ready for Obamacare?

In March of 2010, when the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Acts were passed, the Individual Mandate seemed like a far off event that we didn’t need to worry about just yet.

Internal-Revenue-Service-building-in-Washington-AP1

December 12, 2014 

IRS Hiring Practices and Salaries Examined in Report

A new report says the Internal Revenue Service (IRS) used its legislative authority appropriately when it temporarily hired employees at salaries higher than those typically given to Federal Government senior executives.

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December 9, 2014 

Bloomberg BNA Launches Premier Federal Tax Guide

Bloomberg BNA has released its inaugural edition of the Bloomberg BNA 2015 Federal Tax Guide, a quick reference guide developed to aid tax practitioners and professionals in the preparation of 2014 individual and business tax returns and 2015 planning. It

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December 5, 2014 

2014 Review of Thomson Reuters Checkpoint

Checkpoint is the online tax and accounting research solution offered by Thomson Reuters. Its most recent search enhancement, Intuitive Search, returns the most relevant results after recognizing whether a user has entered Terms & Connectors, a ...

Dustin Wheeler