IRS

Currently, the tax return due date for calendar-year partnerships is April 15th, the same the due date for individual returns. The law changes the deadline to March 15th for calendar-year partnerships and the 15th day of the third month following the ...

Koskinen stepped into the limelight in 2013 when President Obama appointed him to succeed Daniel Werfel, who in turn had replaced Acting IRS Commissioner Steven Miller while the Tea Party scandal unfolded. The current head honcho at the IRS had ...

The Internal Revenue Service is marking the 25th anniversary of the ADA by spotlighting a number of tax benefits and services that can help taxpayers with disabilities.

The program is designed to help small businesses that may have been unaware of the reporting requirements that apply to their retirement plans.

If you have ever had a client facing identity theft, you know that the first thing they want to find out is what specific information was compromised. But, until recently, the IRS has had a policy in place that prevented identity theft victims from ...

Lewis also recommended specific changes to the tangible property regulations that address how businesses should report the acquisition and improvement of tangible property to reduce complexity. The $500 de minimis safe harbor threshold for taxpayers ...

Says the bill encompasses recommendations proposed by the AICPA that would relieve burdens imposed on small businesses by the tax code.

Effective midway through this year -- July 1, 2015, to be exact – certain employers that pay the health insurance premiums of its employees will be assessed hefty fines for their generosity.