Tax News

Tax Prep Fees on The Rise

According to Accounting Today, average fees for tax prep are rising. While it certainly does depend on which forms you…

13 years ago

New IRS Commissioner Koskinen Approved

John Koskinen, a 74-year-old multimillionaire with a resume full of accomplishments, will be the new Commissioner of the IRS. The…

13 years ago

2014 Tax Season Opens on January 31st

According to IR-2013-100, the IRS plans to open the 2014 filing season on January 31. The IRS cautioned that it…

13 years ago

IRS May Fine 122,133 Paid Tax Preparers $345 Million in Penalties

Last tax season marked an increasing level of noncompliance by tax preparers with the Internal Revenue Service’s due diligence reporting…

13 years ago

IRS Using More Automation For Taxpayers

The IRS is working on switching over to more automated tax payer services intended to reduce the cost of manpower…

13 years ago

DC District Court Upholds Obamacare Tax Credit Provisions

Another day, another lawsuit. This time the plaintiffs argued that the IRS’s interpretation of the ACA was contrary to the…

13 years ago

The Obama, Congress, Koskinen Tax Triangle

In decades past, and the last year especially, it has become clear that congressional office holders have more trouble working…

12 years ago

IRS Looks to Distribute $760 Million in Unclaimed Tax Refunds

The Internal Revenue Service is giving the Mega Millions jackpot some serious competition, with tax refunds totaling $760 million ready…

12 years ago

IRS to Reconsider Outsourcing Tax Debt Collection

A bill recently passed by the Senate taxwriters includes a provision that would revive and expand the use of private…

12 years ago

Alert of New Email Phishing Scam: “Update your IRS e-file”

The IRS has been alerted to a new email phishing scam. The emails appear to be from the IRS and…

12 years ago

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