Income Tax

The Federal Tax Guide offers coverage of a wide range of timely topics most important to tax practitioners as they prepare 2015 returns and plan for the year ahead with new content on health care reform, including individual and employer mandates ...

New proposed regulations that would permit nonprofit organizations to request Social Security numbers for donations of $250 or more could be stopped dead in their tracks. A new bill introduced in Congress by Senator Pat Roberts (Rep.-KA) would stop ...

There is one tax saving approach we can always assist our clients with, and that is educating them about tax penalties. What follows is a list of the most punitive tax penalties along with simple tips on making sure your clients are never ...

CI investigates potential criminal violations of the Internal Revenue Code and related financial crimes in a manner to foster confidence in the tax system and compliance with the law. The 50-page report summarizes a wide variety of IRS CI activity ...

Starting this filing season, reporting is mandatory for any company with at least 50 full-time equivalent (FTE) employees.

This summer, the IRS increased penalties for failure to file correct information returns and failure to provide correct payee statements for information returns filed after December 31, 2015, with maximum penalties on small businesses increasing from ...

For selected clients, ADP will include the Verification Code in a designated box of the 2015 Forms W-2 issued to its clients’ employees. ADP will generate the alphanumeric code based on select data elements on each Form W-2, and an algorithm provided ...

Are your federal income taxes overdue? You could lose your passport if you try to leave the country – even if you’re just taking a vacation or business trip abroad.