Taxes
Latest News
Zone & Co Launches ZoneBilling AI Assistant
IRS Extends Tax Deadlines Until May For Helene Victims
Avantax Acquires SEP Financial Services
Sovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
IRS Criminal Prosecutions Skyrocket Under Obama Administration
Between Fiscal Year (FY) 2009 and FY 2013, the IRS has averaged approximately 3,500 criminal referrals a year, a staggering 38.4% increase from the years in which George W. Bush inhabited the White House.
This Valentine’s Day, Should You Check With The IRS Before You Say “I do”?
At the risk of being criticized as unromantic (a label often used for us male CPAs), I want to offer one tip for those about to say “I do” this Valentine’s Day
States Renew Push for Earned Income Tax Credit
A push to boost tax credits for the working poor could see success in states this year, echoing a key proposal from the White House.
IRS Expects Hold Times To Increase At Call Center
The Internal Revenue Service is reminding taxpayers that phone calls to the agency's support center usually start to dramatically increase following the President's Day holiday, which is this weekend. There are other options for taxpayers who have questions, of course, starting with using a tax professional such as a CPA or Enrolled Agent.
IRS Worker Charged With ID Theft, Filing False Returns
As an IRS contact representative, Sherelle Pratt was tasked with tackling confused tax filers' most complicated questions.
N.Y. Governor Opposes Cities Having Control Over Minimum Wage
New York Governor Andrew Cuomo said Tuesday that local control of minimum wage could lead to cannibalistic competition among New York communities that would hold back economic growth.
D.C. Tax Commission Considers Cutting Middle Class Income Tax Rate, Levy on Businesses
A commission charged with reforming Washington, D.C.'s tax code will present recommendations to the D.C. Council that include cutting the income tax rate for middle-class earners and levying a fee on businesses that amounts to $100 per employee annually.
New CBO Report Links Obamacare to Job Losses
In the wake of a new report from the Congressional Budget Office (CBO) assessing the impact of Obamacare on employment, Republicans in Congress are renewing some objections to the controversial legislation and modifying others.