January 30, 2013
IRS: If claiming education tax credit, wait until mid-February
Filing starts today, Jan. 30, 2013, but many taxpayers will have to wait a few weeks longer.
January 30, 2013
IRS adds Tumblr to its social media – already on Twitter, Facebook, others
Guess who's the "Mayor of Taxland?" Well, it isn't the Internal Revenue Service, because they aren't on FourSquare, but they are on most of the other popular social platforms.
January 29, 2013
Accounts of KeyBank customers breached in New York state
More than two dozen KeyBank card users, mostly from the New York town of Tonawanda and a few from Amherst, have had their accounts breached, according to local police, in what may be the latest round of fraud stemming from a breach at a prominent local fast-food restaurant.
January 29, 2013
Bar owner charged with tax evasion & fraudulent wage reporting
The charges claim that between January 1, 2006 and April 15, 2007, he spent more than $533,000 on "personal expenses" on a credit card, but only had reported income of $188,000.
January 25, 2013
Tax fraud cases show need for preparer regulation
There are hundreds, if not thousands, of cases each year of uncredentialed "kitchen counter" tax preparers misleading consumers and filing illegal returns. Just this week, we have three more examples:
January 24, 2013
Payroll clerk accused of identity theft
Authorities filed multiple identity theft charges against a High Point woman who worked as a payroll clerk.
January 24, 2013
Feds say former Detroit mayor Kilpatrick failed to report half million in income
Today was tax day for Kwame Kilpatrick, who sat in U.S. District Court as the federal government detailed allegations the former Detroit mayor failed to report more than half a million dollars in income to the IRS.
January 23, 2013
National Society of Accountants (NSA) ‘disappointed’ by court case regarding RTRP and PTIN program
The executive vice president of the National Society of Accountants (NSA) has issued a statement regarding the recent court ruling in which a judge found that the IRS should not have regulatory power over tax preparers.
January 23, 2013
Timber and property tax law changes to be highlighted in Texas landowner workshop
With uncertainty looming over the economy and the tax code, forest landowners must stay abreast of new and changing regulations to ensure they're not paying more than their fair share when tax time rolls around.
January 22, 2013
29 year-old CPA is youngest in U.S. Congress; 10 CPAs Now in Congress
There are 10 Certified Public Accountants serving in Congress.
January 18, 2013
Florida diner owner accused of not filing sales tax returns since 2009
The owner of Celebrity Diner in Royal Palm Beach, Florida, was arrested Wednesday, after police said she failed to file consecutive tax returns dating back to 2009.
January 18, 2013
Ohio Business Matchmaker Conference pairs suppliers, buyers
The Ohio Business Matchmaker Conference is like "speed dating" for small business owners looking for potential contracting opportunities.