Income Tax
Latest News
Taxbit Unveils New Global Tax Reporting Platform
April Launches New Tax Filing Solution to Tackle Complex Financial Situations
Sovos Introduces 1099 Professional For SMBs
Vero AI Launches Iris GRC
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.
States increasing watch for fraud on income tax returns
To fight a growing problem of tax fraud, state authorities are flagging more tax returns as possibly fraudulent, part of a problem that tax authorities across the country are fighting.
IRS considering taxing employee perks like free meals, massages and other ‘motivators’
For thousands of Bay Area techies blessed to be working for benevolent behemoths like Google and Facebook, there could be an end to the free lunch. And the free shuttle to work. And maybe even the free haircut.
Fraud by unlicensed tax preparers is rising
Unethical tax preparers that pop up during tax season have found targets this year among unsuspecting people, particularly Latinos and lower-income filers.
IRS raids 6 tax preparer offices in St. Louis
IRS agents raided six tax preparation businesses Friday morning, seizing computers and other documents.
April 15 is coming, but there’s still time to reduce your taxes
One of the largest organizations of tax professionals in the United States is reminding taxpayers that it's still not too late for many to reduce their 2012 income tax burden.
Making Income Tax Season Even Worse? IRS to Require Refiling of All Tax Returns with a Schedule C
The Internal Revenue Service has announced that errors in its processing systems have caused the agency to require all taxpayers who filed income tax returns with a Schedule C prior to March 29, 2013, to resubmit their return for processing. This includes filers who have already received refunds or made payments based on previously submitted returns.
Some Pennsylvania businesses to see decrease in Workers Comp rates
Workers' Compensation Insurance Rates to Decline for Some PA Employers in April