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Report Says Undocumented Immigrants in U.S. Pay Nearly $100 Billion in Taxes
Emburse and Finexio Partner for B2B Payments
How Generative AI Will Disrupt Accounting
Mid-Market Optimism Hits Pre-Covid Record Highs
Four steps to bill more for practice and procedure work
Like most practitioners, I had trouble successfully billing for post-filing work. The reasons are complicated. It’s often an issue of back-and-forth time with clients or the IRS/state taxing authorities.
Taxes and Politics: IRS Proposes New Rules for Some Tax Exempt Organizations
This proposed guidance defines the term “candidate-related political activity,” and if accepted, would amend current regulations by indicating that the promotion of social welfare does not include this type of activity.
IRS Needs to Take Action Against Cyber Threats to Better Protect Taxpayer Data
The Treasury Department agency tasked with overseeing the Internal Revenue Service has issued a report saying that the nation's taxing authority needs to do a better job of tracking its efforts to eliminate identified flaws in the security of systems involving taxpayer data.
2014 Tax Tips – Overview of Changes to Credits and Deductions
Must know tax advice for 2013
AICPA Urges IRS to Plan for Next Possible Shutdown
The American Institute of CPAs (AICPA) sent a letter to the Internal Revenue Service (IRS) and Department of the Treasury on Nov. 18 urging that the IRS, as soon as possible, announce the contingency plan that would be in effect in the event of a government shutdown on Jan. 16.
Report: IRS Needs To Improve Use of Return on Investment Data
The Internal Revenue Service (IRS) needs to improve its use of return on investment (ROI) data in managing tax enforcement resources, according to a report publicly released today by the Treasury Inspector General for Tax Administration.
Congressman Files Bill to Repeal Federal Income Tax
One of Oklahoma's Representatives in the U.S. Congress, Jim Bridenstine, has filed legislation that could lead to repeal of the 16th Amendment to the U.S. Constitution -- the amendment enabling the current federal income tax.
IRS Eyes American Bank Accounts in Caribbean
IRS targets US taxpayers with offshore bank accounts in the Caribbean