Income Tax
Latest News
U.S. Consumer Inflation Outlook Fell Slightly, Fed Survey Shows
KSM Adds Valuation Firm ValueKnowledge in Illinois
How AI is Reshaping the Future of Finance
EY Acquires HR Tech Consulting Firm Jubilant
Payroll Mate Expands Import of QuickBooks, Sage 50 and Peachtree Data
Real Business Solutions, which makes payroll and 1099 tax products, has released its 2014 Payroll Mate payroll preparation and reporting system, which includes enhanced "import / export" capability "from / to" leading accounting and payroll processing applications.
Tips for Fraud Prevention in 2014
With fraud costing entities around the globe an estimated 5 percent in lost revenues, the world’s largest anti-fraud organization urges business owners and managers to make fraud prevention one of their top new year’s resolutions for 2014.
How to Avoid Common Mistakes When Giving to Charities
Writing a check to a charity can be easy, but tax laws can sometimes be challenging. Here are some tips to remember when doing some last-minute donating and what to remember when preparing the paperwork.
Florida Lawyer Guilty of Filing False Tax Returns
Prominent Miami criminal defense attorney Larry Handfield, the former chairman of the Public Health Trust, Jackson Health System's governing board, has quietly pleaded guilty to filing false tax returns.
New Laws in Nevada Include Tax Credits, Driver’s Licenses, Transportation
People living in the United States illegally will qualify for a Nevada driver's privilege card, filmmakers who produce in Nevada will be eligible for a tax credit, motorists in Clark County will pay an additional 3.4 cents for a gallon of gasoline, and thousands will have health insurance coverage under a new federal law managed by the state.
Non-Credentialed Tax Preparers in Minneapolis Charged with ID Theft, Tax Fraud
Four tax preparers in Minneapolis and Brooklyn Center have been indicted on 63 counts of identity theft, conspiracy and tax fraud.
Ohio Minimum Wage Goes Up On Jan. 1
Ohio's 330,000 minimum wage workers will see their pay climb 10 cents to $7.95 an hour beginning Jan. 1 when the automatic hike takes effect. Minimum wages for tipped workers will get a 5 cent bump to $3.98 an hour.
IRS Reminds Tax Professionals to Renew their PTINs for 2014
The Internal Revenue Service today reminded professional tax return preparers to renew their Preparer Tax Identification Numbers (PTINs) if they plan to prepare returns in 2014. Current PTINs expire Dec. 31, 2013.