Income Tax
Latest News
TaxDome Launches Industry-First AI System to Transform Client Document Management in Time for Tax Season
Provider
CohnReznick Forms Alliance with Tipalti
MassCPAs Hosts 21 High School Students for Summer Accounting Careers Exploratory (ACE)
IRS Gives 3-Month Income Tax Filing and Payment Extension to Boston-Area Taxpayers as Result of Marathon Bombing
WASHINGTON — In response to the Boston Marathon terrorist act, the Internal Revenue Service has announced a three-month tax filing and payment extension to Boston area taxpayers. This relief applies to all individual taxpayers who live in Suffolk County, Mass., including the city of Boston. It also includes victims, their families, first responders, others impacted […]
Congress considering bills to protect against tax fraud and ID theft
Lawmakers renew push for legislation to prevent $5 billion tax ID fraud
Former orthodontist representing himself in $36M tax fraud case
While succeeded in obtaining a federal judge's permission to plead his own case, the court rejected a lengthy habeas corpus motion in which Dr. Unger disavowed the court's jurisdiction and used numerous Biblical references to support his effort to seek release pending trial.
Ohio group wants to broaden Earned Income Tax Credit
Some in Ohio are working to get the Earned Income Tax Credit to more people as a means to both fight poverty and boost the economy.
New tax laws in Michigan have many on edge
Michigan taxpayers take their anger out on Gov. Rick Snyder
Taxes are pretty tough for pro athletes
It's no secret that professional athletes can earn big paychecks. But in most cities and states they visit, they leave little pieces of them behind.
Licensing Tax Preparers: It’s necessary, and it’s going to happen soon
More than half of all tax returns filed with the Internal Revenue Service are prepared by professionals. That’s a substantial number of returns, so it is sad to see the number of preparers who make significant errors.
![600px-US-TreasuryInspectorGeneralForTaxAdmin-Seal.svg1](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/10964/600px-us-treasuryinspectorgene_10919359.png)
End of Tax Season Update: IRS receives fewer returns, refunds down, errors with EITC abundant
Every tax professional, most small business owners and a good number of other taxpaying Americans know that last-minute changes to the tax code this year resulted in a delayed tax filing season.