Practice Management

The IRS2Go app can now be used to make payments, as well as check refund status and receive tax tips.

Bloomberg BNA has released a report on projected 2016 tax rates, providing a detailed forecast of inflation-adjusted tax items.

Thomson Reuters is forecasting the tax rates for next year and predicting they will be adjusted upward in line with modest inflation.

The Internal Revenue Service has set the special per diem rates starting Oct. 1, 2015, which taxpayers can use to substantiate the amount of expenses for lodging, meals, and incidental expenses when traveling away from home.

The tax-writing House Ways and Means Committee plans to hold votes Thursday on several Republican-sponsored bills that would make five temporary tax breaks into permanent parts of the Tax Code.

Highlights of some of our favorite tax-related blogs from the past week.

The American Institute of CPAs wrote Congress to warn that a bill grants the IRS too much authority to regulate tax preparers.

Yahoo! Inc.’s plans to spin off its stake in Alibaba Group Holding Ltd. were left in doubt after IRS officials outlined new concerns.

Sikich LLP has acquired the audit, accounting and tax practice of Milwaukee firm Jannsen + Co.

Effective Jan. 1, 2016, the IRS will reject any checks received for over $99,999,999.00.