Taxes
Latest News
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
New Jersey Joins IRS Direct File For 2025 Filing Season
New tax laws in Michigan have many on edge
Michigan taxpayers take their anger out on Gov. Rick Snyder
Taxes are pretty tough for pro athletes
It's no secret that professional athletes can earn big paychecks. But in most cities and states they visit, they leave little pieces of them behind.
IRS disbars CPA for Circular 230 Violations, including false statements and unconscionable fees
The Internal Revenue Service today announced that its Office of Professional Responsibility (OPR) obtained the disbarment of Certified Public Accountant Anthony A. Tiongson for charging unconscionable fees, giving irresponsible advice to clients and making false statements to federal and state authorities, among other things.
Licensing Tax Preparers: It’s necessary, and it’s going to happen soon
More than half of all tax returns filed with the Internal Revenue Service are prepared by professionals. That’s a substantial number of returns, so it is sad to see the number of preparers who make significant errors.
$19 million in grants for SBA Resource Partners to support Hurricane Sandy small business recovery
April 11, 2013 — Small businesses rebuilding in the aftermath of Hurricane Sandy will get both immediate and long-term help laying a foundation for economic recovery and resiliency thanks to expanded services funded by a $19 million emergency appropriation. Small businesses can take advantage of free expanded counseling, training and technical assistance from the U.S. […]
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End of Tax Season Update: IRS receives fewer returns, refunds down, errors with EITC abundant
Every tax professional, most small business owners and a good number of other taxpaying Americans know that last-minute changes to the tax code this year resulted in a delayed tax filing season.
Sales taxes on services back in discussion in Minnesota, but excluding accounting and legal services
Less than a month after Gov. Mark Dayton dropped his plans for a comprehensive overhaul of the state's tax system, Senate DFLers unveiled a plan Thursday, April 11, to make big changes in sales and corporate taxes.
No surprise: Small businesses say complex taxes are their biggest problem
Complexity and inconsistency within the tax code continue to be a major problem for small businesses, and one-in-four report spending 120 hours or more per year on the administration of federal taxes—three full work weeks!