Taxes February 6, 2026
IRS Issues Proposed Rules on Clean Fuel Tax Credit
The Treasury Department and the IRS released proposed regulations Feb. 3 on the clean fuel production credit under the One Big Beautiful Bill Act.
January 2, 2016
Printable 2016 IRS Tax Form 1040
This IRS Form 1040 is for reporting income received from Jan. 1 to Dec. 31, 2015, which the recipient will file a tax return for in 2016. The form says 2015, because it is for reporting 2015 income.
December 30, 2015
IRS Extends Deadline for ACA Obamacare Reporting
The IRS has issued a two-month extension for employers and issuers to provide individuals with forms reporting on offers of health coverage and coverage provided. The new deadline is March 31, 2016.
December 28, 2015
New Study Pokes Holes in Trump’s Tax Plan
Calls for federal income tax cuts are a time-honored tradition by presidential candidates of all stripes, but the Tax Policy Center study says that Trump’s plan dwarfs the proposals made by other GOP contenders.
December 26, 2015
Gift Return Fraud May Cost Retailers $2.2 Billion
Nine in 10 retailers surveyed (91.9%) said they have experienced the return of stolen merchandise, similar to last year’s 92.7 percent. Wardrobing, or the return of used, non-defective merchandise , also presents a unique challenge year after year for ...
December 23, 2015
The 5 Biggest Tax Mistakes Small Business Owners Make
Whether a business is incorporated and files returns as an entity, or is an LLC and the owner files a Schedule C with their personal 1040 income tax return, there are many potential areas for errors, from misreporting income or expenses, to missing ...
December 22, 2015
3 Year-End Payroll Tips to Help Employers Avoid Headaches
Each year, employers across the country realize that they need to adjust their payroll data after their final payroll run of the year. Here are three of the most common adjustments that can be avoided with just a little planning.
December 22, 2015
ADP System Helps Employers Track New Work Opportunity Tax Credit
WOTC is a tax incentive program designed to encourage employers to hire and retain individuals from specific target groups with employment barriers. These groups include Veterans of War (VOW), Empowerment Zone residents, welfare and food stamp ...
December 22, 2015
IRS Announces Interest Rates for 1st Quarter of 2016
The Internal Revenue Service says that interest rates will remain the same for the calendar quarter beginning Jan. 1, 2016, as they were in the previous quarter.
December 22, 2015
Report Says IRS Needs To Take Steps To Prevent Fraudulent Refunds
TIGTA initiated this audit because an IRS employee reported to the TIGTA Office of Investigations that the IRS was not working some taxpayer cases in which refunds were held. The Office of Investigations identified that the IRS did not timely address ...
December 22, 2015
IRS to Accept Income Tax Returns Starting January 19, 2016
Following a review of the tax extenders legislation signed into law this week, the Internal Revenue Service says that tax season will begin as scheduled on Tuesday, Jan. 19, 2016. The IRS expects to receive more than 150 million individual returns ...
December 21, 2015
Sales Tax 2016: What Can We Expect in the New Year?
The coming of a New Year is a time to reflect on the past — what went well and what you wish you’d done differently.
