2013-2014

October 25, 2013 

Tax Planning and Preparation Guidance for 2014

The impact of the recent federal government shutdown is being felt by the Internal Revenue Service (IRS) which announced that the beginning of the 2014 tax filing season will be delayed by up to two weeks.

 Unlicensed tax preparer gets probation for tax fraud

September 27, 2013 

Unlicensed tax preparer gets probation for tax fraud

A Tulsa, Oklahoma, woman was sentenced Wednesday to five years of probation and was ordered to pay more than $79,000 in restitution to the Internal Revenue Service after pleading guilty to aiding and assisting in the preparation of a false federal income tax return.

19swissbank21

September 18, 2013 

Swiss Banks to Turn Over Info on U.S. Accounts

The Tax Division of the U.S. Department of Justice has announced an agreement with Switzerland that would permit all but a few Swiss banks to avoid criminal prosecution by paying substantial fines and turning over information on accounts held by American clients.

 IRS Tax Gap Estimate Has Room for Improvement

September 16, 2013 

IRS Tax Gap Estimate Has Room for Improvement

The Internal Revenue Service estimate of the Tax Gap, the difference between taxes owed and taxes paid voluntarily and on time, could be more comprehensive, accurate, reliable and timely, according to a new report released publicly today by the Treasury Inspector General for Tax Administration.

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