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
Florida is #1 in nation … In identity theft tax fraud
Florida ranks first in stolen identity tax refund fraud, a problem so pervasive it's now known as SIRF.
Wage growth expected to remain stagnant
The rate of annual wage growth for private sector workers is expected to show little, if any, change in the coming months.
Tax ID Theft: More than half of consumers believe the IRS is responsible
Survey shows Americans blame IRS for tax ID theft, instead of themselves for lax precautions.
Tax professionals offer tips to avoid IRS audits
During the past decade, the IRS has gotten more business-like about the taxpayers they select to audit. Like all smart businesses, the IRS wants to turn a profit these days. Currently, tax returns are selected for audit based on the chance that the IRS will find enough errors or missing income to generate additional taxes – and perhaps penalty and interest.
Survey says 65.6% of Texans plan to pay down debt with their tax refunds
According to a survey by the Texas Credit Union League (League), 65.6 percent of Texans who participated in a recent League survey said they plan to use their tax refund to pay off debt. Similarly, 45.9 percent of Texans plan to use their refund to jump start their savings.
Leadership change at CCH SFS, maker of ATX tax software
ATX has long been a popular professional tax preparation system for small and mid-sized tax preparers, but this year many of these professionals have been less than pleased with the new version of the program.
Thomson Reuters sees globalization, commoditization and generational shifts as key issues facing CPAs and small business clients
At Thought Leader Symposium, Thomson Reuters seeks insight and perspective on future of accounting firm needs
Facebook and Twitter hacked: Is user data safe? Java bug and online security back in spotlight
Facebook reported late on Friday that its servers had been attacked in a "sophisticated attack" in January, but that it does not believe that users data was compromised. The company did not address why it took several weeks to alert the public.