Tax News
Furlough Details Announced
The IRS has revealed additional details about what may be the first round of sequester-related the closures planned for May 24, June 14, July 5, July 22 and August 30 of this year. Read more »
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Jackson Hewitt Extends Hours; Offers Taxpayer Tips
April 9, 2013Jackson Hewitt Tax Service is extending hours at many of its locations through Tax Day. Read more »
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IRS Plans to Reduce Corporate Audits
April 9, 2013The Internal Revenue Service is planning an 18 percent reduction in its audits of large... Read more »
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IRS Needs to Improve Privacy Impact Assessments
April 9, 2013The Internal Revenue has not established effective processes to ensure that its Privacy Impact... Read more »
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IRS Releases Draft Form for FATCA Registration
April 8, 2013The Internal Revenue Service has released a draft version of the form that financial institutions... Read more »
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IRS Staffers Warn of Taxpayer Assistance Delays from Budget Cuts
April 8, 2013The union representing Internal Revenue Service employees is warning that budget cuts will hamper... Read more »
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Congress to Solicit Tax Reform Ideas via Social Media
April 8, 2013The leaders of Congress’s main tax-writing committees said they plan to ask for proposals... Read more »
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Wesley Snipes Out of Prison, but Under House Arrest
April 8, 2013Actor Wesley Snipes has been released from prison after serving nearly two and a half years in... Read more »
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IRS Criminal Investigation Warns about Tax Preparer Fraudsters
April 5, 2013As the April 15 deadline for filing taxes approaches, a federal prosecutor and the head of the... Read more »
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Offshore Tax Havens Estimated to Cost Average Taxpayer over $1,000 a Year
April 5, 2013The average individual taxpayer would have needed to shoulder an estimated $1,026 last year to... Read more »
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Obama Budget to Include Tax Bracket Changes
April 5, 2013President Barack Obama’s budget plan will incorporate deficit-cutting proposals that include... Read more »
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Tax Fraud Blotter: More Than Just a Slap on the Wrist
April 4, 2013Some of our favorite recent tax fraud cases -- some of which involve some fairly serious penalties. Read more »
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IRS Proposes Regulations for Charitable Hospitals
April 4, 2013The Internal Revenue Service has issued proposed regulations on the requirement that charitable... Read more »
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Documents Shed Light on Widespread Use of Tax Havens
April 4, 2013A large cache of secret documents reveals that tens of thousands of people, including government... Read more »
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IRS Has Trouble Dealing with Foreign Currency
April 4, 2013The Internal Revenue Service is often unable to process tax payments made in foreign currencies... 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
