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Short Term Rentals Gain Traction as Vacation Preference
Sales Tax Holidays Are Not Profitable for Most Small Business Retailers, Says Report
Review of Thomson Reuters Checkpoint Edge – The Accounting Technology Lab Podcast – Sept 2024
Retail Group Says Recession Unlikely
Small Tax-Exempt Groups Reminded to File Form 990-N
Reminder for small tax-exempt organizations to file IRS Form 990-N annually to stay in compliance.
10 Mid-Year Tax Tips for Individual Taxpayers
Now that this year’s tax filing season for individuals is over, it’s time to concentrate on saving taxes in 2014. All too often, professional tax advisors don’t reach out to their clients until the very end of the year when it might be too late for them to implement meaningful tax planning strategies. Break up the spring and summer doldrums by presenting these ten ideas for their consideration.
Contribution Limits Raised for Health Savings Accounts
The Internal Revenue Service has increased the annual limitation on deductions for Health Savings Accounts for 2015, the agency announced on Wednesday.
IRS Employees with Tax and Conduct Issues Received Bonuses
According to a new report by the watchdog agency that oversees it, an award program for Internal Revenue Service (IRS) employees honored some less than honorable staff.
Senate Bill Aims to Fix IRS Farm Equipment Expense Change
United States Senators John Hoeven, R-N.D., and Maria Cantwell, D-Wash., have introduced a bill to modify new IRS rules they say make it too difficult for family farmers and small business owners to deduct equipment repair and supply expenses.
Former NY Doctor Gets 8 Years for $36M IRS Scam
A former Potsdam orthodontist was sentenced Monday to more than eight years in federal prison for trying to cheat the Internal Revenue Service out of $36 million.
Early Discount Offered for 2014 IRS Tax Forums
Registration for the 2014 IRS Nationwide Tax Forums is now open for enrolled agents, certified public accountants, certified financial planners and other tax professionals. Those who sign up by the pre-registration date will save $130 per attendee off the on-site price.
Tax Refunds Up and More Americans Filing on Home Computers
Even with the 10-day delay to this year's income tax filing season, the IRS has issued more in tax refunds compared to this point last year and more U.S. taxpayers used their home computers to file their returns, according to a report published today by the Treasury Inspector General for Tax Administration (TIGTA), which oversees the IRS.