Income Tax
Latest News
AICPA & CIMA Launch Global Women to Watch Recognition to Celebrate and Honor Women in the Profession
PCAOB Debuts ‘Audit Focus’ Series for Auditors of Small Public Companies
Taxbit Unveils New Global Tax Reporting Platform
April Launches New Tax Filing Solution to Tackle Complex Financial Situations
The Dirty Dozen … The IRS warns of top tax scams
The Internal Revenue Service has issued its annual “Dirty Dozen” list of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging from identity theft to return preparer fraud.
Small businesses face increasing threat from counterfeit money
Secret Service agents say they are seeing an increase in counterfeiting because of easy access to modern printers and desktop publishing techniques.
March Madness and income taxes – Don’t let your NCAA brackets get you in trouble with the IRS
If you're one of the millions of Americans who bet in friendly office pools by submitting your NCAA tourney bracket picks, you still need to think about the IRS, because they might be thinking of you.
Large accounting firm in Arizona launches anti-fraud program for businesses
Red Flag Reporting fraud hotline service enables 24/7 reporting capabilities
Pittsburgh police chief failed to file income taxes from 2008-2011, facing charges
Pittsburgh's former police chief Nate Harper may lose his pension, but that's the least of his worries. At least the place where he may soon be living won't charge rent.
Car dealer gets 15 years in prison for tax fraud and ID theft
On Friday in Tampa, Florida, a U.S. District Court judge sentenced Floridian Russell B. Simmons, Jr. to 15 years in federal prison for defrauding the Internal Revenue Service and for aggravated identity theft. The court also ordered Simmons to forfeit a 2005 Bentley, more than $100,000 in jewelry, $25,000 cash, and more than $118,000 worth of fraudulently obtained tax refunds, which are traceable proceeds of the offense.
Greatland Announces Strong 2012 Results, Plan to Accelerate Acquisition Efforts in 2013
Increased revenue in 2012 has Greatland Corporation planning on further accelerating its growth through strategic acquisitions during 2013.
IRS to waive late payment penalty for filers who had delayed forms, and file tax extension
The Internal Revenue Service says it is goint to waive the late-payment penalty for individuals and businesses who request a tax filing extension because they are have forms attached to their returns that weren't available until February.