Taxes
New Version of Bloomberg BNA Tax Managment Portfolio Analyzes Trends in Unclaimed Property Laws
Bloomberg BNA has released a new edition of Unclaimed Property, its Tax Management Portfolio providing in-depth analysis and practical insights from prominent practitioners on escheatment and unclaimed property laws.
Tax Practitioners Call on Congress for Reforms – Want Their Rights Protected
To paraphrase the fictional newscaster Howard Beale (played by the late Peter Finch) in the classic movie Network, tax professionals are mad as hell and they’re not going to take it anymore.
IRS Warns of Latest Income Tax Scams and ID Theft Schemes
More than 4,000 victims who have collectively reported over $20 million in financial losses as a result of tax scams since October 2013.
College Accounting Degree Enrollments Hit All-Time High
The Trends report found optimism from both universities and firms that the growth of the accounting profession will continue. Ninety-seven percent of bachelor’s programs and seventy percent of master’s programs report that they expect their ...
Most CPAs Surveyed Had Tax Clients Affected by ID Theft
Resolving issue for clients with IRS often proved difficult, according to AICPA.
Florida Woman Accused of Stealing Coworker Identities to Go Shopping
Most victims had something in common: they were employees at Bethesda Hospital in Boynton Beach. Police said some of the victims said they knew Thaddies because she also worked at the hospital.
IRS Lacks Ability to Authenticate Foreign Documents for ITIN Applications
This audit was initiated because TIGTA received an IRS employee complaint referred from a Member of Congress alleging that the IRS’s ITIN application processes and procedures do not ensure that documents certified by a foreign issuing agency are ...
Accounting and Tax Professionals Urge Congress to Pass Tax Practitioner Bill of Rights
The National Society of Accountants (NSA) has sent a letter to all Members of Congress urging them to enact legislation to support the “Tax Practitioners Bill of Rights,” which NSA issued on June 16, 2015.