March 16, 2013
New Jersey is delaying income tax refunds to more than 13,000 filers by as long as three months as part of an effort by the state Treasury Department to reduce what it says is the growing problem of tax-refund identity fraud.
March 14, 2013
Live in California and earn $250,000 last year? Yes, you'll probably pay more in state taxes. Paying back a student loan? You might be able to deduct more from federal taxes than you expected. Commute to work? You could get a break, too.
March 14, 2013
A former IRS worker faces more than 15 years in prison after a jury convicted her Wednesday of masterminding a scheme to collect thousands of dollars in refunds by filing bogus claims for tax credits.
March 14, 2013
Many taxpayers may be forgetting some deductions and credits that could save them more money.
March 14, 2013
Texas Representative Phil Stephenson, a CPA, recently filed two bills affecting CPAs and small businesses in Texas.
March 13, 2013
A checklist of steps that small business owners can take to help navigate changes stemming from the recently enacted American Taxpayer Relief Act (ATRA).
March 13, 2013
A glitch in the software that H&R Block and some other preparation services use could cause those with education tax credits to have a longer wait on their refunds.
March 12, 2013
A couple in Chester County, Pennsylvania, secretly paid hospital workers to steal patients' personal information then used it to file false tax returns and claim $1.7 million worth of refunds, prosecutors said today.
March 12, 2013
Taxpayers who want to deduct their medical or dental expenses on their income taxes need to understand some of the basic requirements for the deductions. The same goes with those who may be saving for retirement via specific plans and IRAs.
March 11, 2013
A new study by ADP and CFO Research shows that 89 percent of senior finance executives rank compliance as a priority. However, managing compliance is becoming increasingly difficult – 73 percent expect the complexity of new regulations to make the task more resource-intensive over the next two years. ADP is a provider of human capital...…
March 11, 2013
Small businesses want a simpler income tax code with decreased federal spending, and oppose a national sales tax.
March 10, 2013
The affidavits show Wilson even had a picture of herself with a cool smile on her face, wearing an oversized jewel-encrusted pendant spelling out her first name as she held bundles of cash.