Income Tax

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.

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.

A crystal ball is a valuable thing. After all, if any of us truly had one, we could make a killing in the stock market. But while 20-20 vision is ultimately reserved for hindsight and no one can actually predict the future, we can indeed make some educate

The holidays are also the "giving season" for many Americans, so much so that December accounts for about 18 percent of the year’s annual charitable giving.

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...

The IRS has issued the 2015 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning Jan. 1, 2015. The rates will be: three (3) percent for overpayments (two (2) percent in the case of a corporation); three (3) percent for underpayments; five (5) percent for large corporate underpayments; and one-half (0.5) percent […]

Thomson Reuters today announced that the latest ONESOURCE Property Tax overview on property tax exemptions and extensions for taxpayers effected by natural disasters is now available.