A pair of senators have called on the Social Security Administration to end the policy of seizing taxpayers refunds to hold them accountable for decades-old errors made by the agency that led to the overpayment of benefits, and the agency has agreed to do so. Read more »
President Barack Obama and his wife, Michelle, reported adjusted gross income of $481,098 for 2013, down 21 percent from last year, according to tax returns released yesterday by the White House. Read more »
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February 7, 2014
The Tax & Accounting business of Thomson Reuters has compiled its annual sampling of quirky sales tax changes passed or implemented in 2013.
January 31, 2014
The Minnesota Society of CPAs recently conducted its annual CPA member survey about the most strange and unusual tax deductions proposed by clients. The responses included everything from pets and wedding rings to gifts not given.
January 24, 2014
The Taxpayer Advocate proposes a list of rights and responsibilities
September 30, 2013
Are you helping your clients avoid these common blunders?
August 23, 2013
Deductions, credits and other provisions that are slated to go at the end of the year
June 19, 2013
How the states grab business taxpayers
May 31, 2013