Taxes
Taxpayer Advocate Rips IRS for Delay in California Tax Issue Ruling
The IRS is trying to decide whether aid payments to taxpayers in more than a dozen states should be taxable.
IRS: Taxpayers E-Filing Amended Returns Can Now Get Their Refunds Direct Deposited
Anyone e-filing Form 1040-X can for the first time select direct deposit and enter their banking info for a faster refund.
Southwest Airlines Gives Refunds to 270,000 Travelers for Holiday Meltdown
“Anything that was well documented and under $4,000 our representative approved on the spot,” Southwest Airlines Chief Operating Officer Andrew Watterson told reporters.
Southern Illinois University Wins 21st Annual Deloitte FanTAXtic National Case Study Competition
This year's case challenged teams to rank investors best suited for a business venture as well as consider tax or non-tax scenarios the investor should consider.
Don’t File Your Returns Yet, IRS Tells Millions of Taxpayers
The issue comes with stimulus payments paid by some states in the last year, which has led to tax questions.
AICPA Sends Tax Proposals to Lawmakers
The 61 recommendations in the compendium include proposals related to employee benefits, individual income tax, international tax and tax administration, among others.
IRS Chief Counsel’s Office Has Open Tax Attorney Spots It Wants to Fill
The IRS is hiring tax attorneys to help enhance the taxpayer experience and address noncompliance.
Oklahoma Man Pleads Guilty to Employment Tax Scheme
Pleaded guilty to filing a Form 941 for the first quarter of 2016, but not paying over approximately $31,010 in taxes withheld from employees’ paychecks.