Tax News
Group Challenges IRS Tax-Exempt Criteria
The advocacy group Citizens for Responsibility and Ethics in Washington is continuing to press ahead with a lawsuit against the Internal Revenue Service to force it to reject tax exemptions from political groups, despite a high-profile scandal over improper screening of Tea Party and other conservative groups. Read more »
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IRS and States Swamped by Last-Minute Tax Filings
April 17, 2013The Internal Revenue Service is struggling to respond to an onslaught of tax returns filed on... Read more »
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More Toughest Clients
April 16, 2013Another practitioner shares stories of their worst, most difficult, most complicated and most... Read more »
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Thomson Reuters Buys TaxWorks Assets of RedGear Technologies
April 16, 2013The Tax & Accounting business of Thomson Reuters has acquired select assets of the TaxWorks... Read more »
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Senate Seeks Ways to Fight Tax Fraud and Identity Theft
April 16, 2013The Senate Finance Committee held a hearing Tuesday on moving forward with solutions to tax fraud... Read more »
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Congress Introduces Bill to Have IRS Automatically Fill out Tax Forms
April 16, 2013A pair of Congressmen have introduced legislation that would allow the Internal Revenue Service... Read more »
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Former IRS Agent Sentenced in Plot to Murder Tax Clients
April 16, 2013A former Internal Revenue Service agent-turned-tax preparer has been sentenced to nearly 24 years... Read more »
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IRS Win Contains Taxpayer Victory on Reasonable Compensation
April 16, 2013Since the Tax Reform Act of 1986 few closely held businesses have been structured as C corporations. Read more »
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Penalty Relief Available for Some Storm Victims
April 15, 2013The IRS will provide penalty relief to anyone unable to file their taxes on time due to severe... Read more »
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State Tax Info Not Always Easy to Find
April 15, 2013The state tax sites of Colorado, Illinois, Pennsylvania, Utah and Virginia are the easiest for... Read more »
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Small Business Tax Compliance Influenced by Trust in Tax Preparers
April 15, 2013Small businesses are more likely to comply with the tax laws if they are in certain communities... Read more »
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Congressman Introduces Bill to Stop Corporate Tax Haven Abuse
April 15, 2013Rep. Lloyd Doggett, D-Texas, introduced three pieces of legislation on tax deadline day to end a... Read more »
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Same-Sex Couples Await Supreme Court’s DOMA Decision for Tax Rules
April 15, 2013Married same-sex couples are awaiting a decision by the Supreme Court to help them resolve their... Read more »
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Preparers Need to Be Regulated
April 14, 2013This is the time of year when the taxman cometh. However, thanks to what I believe was an... Read more »
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Obama, Biden Release 2012 Taxes
April 12, 2013President Barack Obama and First Lady Michelle Obama earned $608,611 in adjusted gross income in... Read more »
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The Art of the Tax Cartoon
April 9, 2013
A selection of tax cartoons from Philly tax firm Drucker & Scaccetti's 'Finding Humor in Taxes' exhibit
Tax Quiz: Bonus Round
April 5, 2013
One last chance to test your tax knowledge with these final questions from the experts at the National Association of Tax Professionals.
Tax Quiz: Round One
March 11, 2013
Test your tax knowledge with these questions from the experts at the National Association of Tax Professionals.
Strangest Tax Laws
March 5, 2013
State lawmakers can certainly think of some strange tax laws. The Tax & Accounting business of Thomson Reuters recently produced its annual list of "quirky" sales and use tax laws from the past year.
Most Ridiculous Tax Deductions
February 20, 2013
The Minnesota Society of Certified Public Accountants recently surveyed its CPA members about the most creative tax deductions proposed by their clients. Here are some of the most memorable responses from the MNCPA's annual list of strange and unacceptable tax deductions for 2012.
Tax Stats: February 2013
February 9, 2013
Our monthly collection of statistics from the world of tax, from Beyond415
