Income Tax

Enhanced W-2 and 1099 Online Reporting Tool Offers New Form Retrieval Option, TIN Truncation Support and Additional New Features

The Internal Revenue Service has issued the 2014 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 (IRS) needs to strengthen systems development controls for the Premium Tax Credit (PTC) Project, the Treasury Inspector General for Tax Administration (TIGTA) concludes in a new report publicly released today.

Last year, tax planning was challenging because of changes to the tax law and "fiscal cliff." This year, numerous new tax laws set guidelines for a variety of business and personal tax issues.

Every business owner and tax professional knows that the changing of the year also marks important deadlines and rules regarding taxes and employment reporting. For employees, it means understanding how tax law changes, and there have been many in Canada this year, as well as the U.S.

The Young CPAs, a membership segment of the New Jersey Society of Certified Public Accountants (NJSCPA), collected more than 2,800 pounds of food during its annual September to November food drive to benefit the Community FoodBank of New Jersey.

Based on data from 3,828 charities that raised more than $12 billion in the prior 12 months, The Blackbaud Index reported that overall charitable giving grew 2.3 percent for the three months ending October 2013, as compared to the same period in 2012.

2014 Payroll Mate payroll software helps banks and credit unions save time and money by providing robust payroll processing tools for employees and contractors at an unbeatable price