Indian Lands tax credit extended to employers
Oklahoma officials want to remind area employers the Federal Indian Lands Tax Credit has been extended.
Tax
U.S. income tax turns 100
Most living Americans think that an income tax has always been there... but no. In 1913, the U.S. Congress passed the first permanent income tax.
Bizarre $160M tax fraud scheme results in long prison terms
The scheme was as audacious as it was ambitious: Rob the Internal Revenue Service of $160 million in tax refunds based on the bizarre belief that the government had set up secret bank accounts for each American, accessible by utilizing the right tax forms.
The IRS and tax preparer regulation – Round 3: Congressman wants answers
IRS tax return preparer program takes another hit, but professional and consumer organizations support it.
Thomson Reuters Releases Industry-first ONESOURCE Operational Transfer Pricing Software
Thomson Reuters recently announced the release of ONESOURCE Operational Transfer Pricing, its newest corporate tax and accounting solution for multinational companies. Thomson Reuters provides tax and accounting products and services for businesses and professionals. “Our software is the first and only in the industry that allows for this deep level of control and reporting,” said […]
Tax preparer gets 5 years in prison for filing fraudulent returns
A Macon, Georgia, tax return preparer was sentenced to five years in prison Wednesday and pay more than $200,000 restitution after he pleaded guilty to filing false claims for tax refunds, according to the U.S. attorney's Office.
Estate planning after the fiscal cliff: Top 10 Steps
Top-rated trusts and estates law firm offers guidance on new tax laws, ways to remain protected in 2013 and beyond
Five W-2 tips for wage earners
Verify, check and review. With tax season getting underway, the American Payroll Association has offered a few tips to help wage earners "get the most from their Form W-2."