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 Reminds Taxpayers to Report 2010 Roth Conversions on 2012 Returns
The Internal Revenue Service reminds taxpayers who converted amounts to a Roth IRA or designated Roth account in 2010 that in most cases they must report half of the resulting taxable income on their 2012 returns.
Wal-Mart says tax delay, payroll tax hike & gas prices to flatten sales
Wal-Mart Stores Inc. beat expectations for its most recent fiscal quarter, but the world's largest retailer is now warning that higher payroll taxes, income tax refund delays and lofty gas prices will cause stagnant sales during the current quarter.
Report: Half of Texas construction workers undocumented
Half of the construction workers in Texas are undocumented, according to a new report by an Austin immigrant rights group and University of Texas researchers that surveyed nearly 1,200 workers throughout the state.
Pennsylvania parochial school owes IRS $300K
A Catholic elementary school in Erie, Pennsylvania, owes the Internal Revenue Service more than $300,000 for failing to remit federal withholding taxes when the school was facing financial difficulties.
Drug felon learns a new felony trade: A $12 million tax refund ID theft scam
A convicted Miami-Dade drug trafficker unemployed for the past decade discovered how to make a quick buck, cashing $12 million in fraudulent tax-refund checks over five months last year, authorities say.
‘Sandy tax’ may hit many coastal residents in N.J., N.Y.
Residents of New Jersey and Long Island, New York's, coastal counties who live away from the water could be forced to pay higher property taxes to offset millions of dollars in lost revenue from hard-hit beachfront towns, a county official said.
Resource for finding out more about proposed Ohio tax changes
A new online resource center has been launched to help Ohio businesses and individuals stay apprised of the significant tax changes and financial implications proposed by Ohio Governor John Kasich's biennial budget bill (House Bill 59).
Small Businesses and the Affordable Care Act, ObamaCare
The National Association of Enrolled Agents has issued the following statement on how the Affordable Care Act, aka ObamaCare, will affect small businesses: