Income Tax
Stopping Taxpayer ID Theft: The IRS Means Business
The three main partners in the program – the IRS, the states and other tax industry sources –will also be releasing additional YouTube videos highlighting these tips as the tax filing season approaches. The first video in the series is now available ...
Year-End Payroll Reporting: State-by-State Due Dates for Form W-2
The skies are cloudy, the leaves are changing, the air is cool and brisk—and in this profession, that means time to think about year-end prep for payroll departments.
IRS Updates FATCA Registration Website
The Foreign Account Tax Compliance Act (FATCA) Online Registration System is a secure, web-based system that financial institutions and other entities can use to register for FATCA purposes. Launched in 2013, the system allows the IRS to identify ...
Jock Tax Overturned, Supreme Court Denies Appeal
The tax rationale may be applied to entertainers who perform at local venues and even to high-ranking executives in town to conduct business. Currently, seven cities impose a jock tax.
IRS Advisory Council Releases Annual Report and Recommendations
Based on its report findings and discussions over the last year, the IRSAC made several recommendations on a broad range of issues and concerns.
The Ultimate Year -End Guide to Payroll Compliance and Benefits
With this guide, we hope to help you navigate the ins and outs of getting your compliance and benefits ready for end of year.
Top 10 Myths for the 2015 W2 and 1099 Wage Reporting Season
As the year winds down, the holiday season brings with it tax reporting season – which can be a hectic time for businesses. Changing regulations, looming deadlines and the threat of penalties can quickly replace “jolly” with “humbug.”
IRS Not Doing Enough to Fight Business Tax ID Theft
TIGTA found that the IRS recognizes continued efforts are needed to develop and implement systemic processes to detect identity theft. To date, the IRS has taken actions that include defining business identity theft, creating procedures for IRS ...