Taxes
Latest News
Role of Financial Controller on the Cusp of ‘Significant Change,’ EY Survey Finds
Thomson Reuters Teams Up with Validis and Unveils Suite of AI-Powered Solutions For Auditors
Accountants Taking Leading Role on AI as Investments Increase
FASB Aims to Clarify Certain Aspects of Hedge Accounting Rules
The NFL is Tax-Exempt? Congressman Seeks Change in Tax Law
On the Wednesday before Super Bowl XLVIII between the Seattle Seahawks and the Denver Broncos, some in Congress question whether the league that runs the most-watched American sport, which generates as much as $9 billion in revenue each year, is deserving of its nonprofit, tax-exempt status.
Tax season scams that tax preparers need to worry about
The last thing you need in the middle of tax season is to be hit by scammers trying to plant malware on your computer and force you to make payments to them.
New Hampshire Considers Taxing Nonprofit Hospitals
An analysis of charity care at the state's 24 nonprofit hospitals, conducted in cooperation with the New Hampshire Hospital Association, shows that hospitals here are more charitable than the national average and less profitable, although there are wide variations from one New Hampshire hospital to another.
IRS Announces New Members for Reporting Program Committee
The Internal Revenue Service has announced the selection of seven new members for the Information Reporting Program Advisory Committee (IRPAC)
Keeping SSNs and TINs Secure is Critical
As the IRS struggles to curb rising tax-identity theft rates, business tax e-filing service efile4biz.com is protecting its users by taking every possible precaution to keep stored data from falling into the wrong hands.
How to Avoid Overpayments and Underpayments on W-2s
Now is a great time to sort out any anomalies that could complicate year-end and W-2 processing. And two of the most common are overpayments and repayments.
Common Financial Scams Target Seniors
A 75-year-old Aiken, South Carolina woman on recently wired her grandson $1,300 for bond after he was arrested in Mexico for drug possession. The only problem is, it wasn't her grandson -- it was a scammer cheating the woman out of money.
IRS Proposes Fines For Non-Compliance With Health Insurance Mandate
Most U.S. taxpayers must secure health insurance coverage this year whether they want to or not. But the IRS and Treasury Department have clarified several exceptions to the rules in new proposed regulations relating to the health insurance mandate for individuals.