Taxes

The IRS Advisory Council recently recommended that the threshold figure should be raised from $1,200 to $5,800.

Ten million people used TurboTax for free this year to file their taxes, a drop of about 1 million from a year ago, Intuit said.

This deadline applies to both U.S. citizens and resident aliens abroad, including those with dual citizenship.

Join RSM's highly anticipated two-day federal tax forum for comprehensive sessions covering crucial updates in federal tax regulations and practices.

Corvee has announced the release of nine new strategies and two updated strategies to Instead and Instead Pro.

The taxpayer failed to report any of the $700,000 payment as taxable income on his return. So the IRS stepped in and the case ended up in the Tax Court.

Taking strategic steps now, when everything has slowed down a bit, will alleviate so much stress next season.

Your clients may look to their accounting advisor to help them manage compliance of their exemption certificates. Depending on the size of a business and customer base, the complexity can be great.