Tax season

There's no dodging those three little letters anymore: The tax prep requirements of the ACA, or Obamacare, are now due.

The Internal Revenue Service has released a set of frequently asked questions and answers in an effort to clarify its tangible property repair regulations.

The video game retailer GameStop recently polled over 1,000 tax refund recipients about their tax refunds, and the results could be rated M for Mature.

States have been pushing taxpayers to get their refunds via direct deposit for years. Now people choosing that option may be surprised with a paper check instead.

Tax preparation software developers like Intuit are coming under pressure to do more to control security to safeguard their software from identity thieves.

Payroll and HR technology giant ADP is offering accountants and their small-business clients free access this tax season to the ADP HR HelpDesk through April 30, 2015.

The Internal Revenue Service is auditing the taxes of fewer businesses as a result of budget cuts in recent years.

The Internal Revenue Service said Monday that farmers and fishermen who miss this year’s March 2 tax deadline because they are receiving corrected premium tax credit forms from the Healthcare.gov health insurance marketplace will have until April 15, 2015, to file their 2014 returns and pay any tax due.

The IRS has issued nearly 40 million tax refunds worth almost $125 billion for this season as of February 20.

New York City’s Department of Consumer Affairs found Thursday that one in four tax preparers do not comply with the city’s Consumer Protection Law.

You've met them: The taxpayer who calls or drops in just to see if you offer the lowest price for tax prep – or worse, just to confirm that the price they’ve found elsewhere really is the lowest.

As we sit through another tax season, we have the opportunity to enjoy it or suffer through it. We can believe that we will fail, or we can choose to succeed and believe that “anything is possible.”

The Internal Revenue Service will not try to collect additional taxes from those taxpayers who have already filed their taxes after receiving incorrect information from the federal health insurance marketplace, Healthcare.gov.

The major challenges facing the IRS today are its budget situation, which affects both service and enforcement, IRS commissioner John Koskinen told the Tax Section of the New York Bar Association.

H&R Block reported that six weeks into tax season, a 52 percent majority of taxpayers who enrolled in health insurance coverage through a state or federal marketplace have needed to pay back a portion of the Advance Premium Tax Credit, and the average amount they paid back is $530, decreasing their tax refund on average by 17 percent.

Intuit Inc., maker of tax-preparation software TurboTax, denied claims that it prioritized the processing of fraudulent state and federal tax refunds at the expense of customers.

ADP announced it is offering accountants additional services and extending customer service hours to help meet their clients' needs this tax season.

Approximately 800,000 taxpayers who received health care coverage through the federal insurance marketplace Healthcare.gov were sent the wrong information on their Form 1095-A and are being urged to wait to file their taxes until the first week of March when they receive the correct information from the federal government.

The Centers for Medicare and Medicaid Services on Friday morning announced it will implement a special enrollment period for individuals who learn, at the time they file their taxes, of the Affordable Care Act-mandated tax penalty for not having health insurance coverage.

New York Governor Andrew Cuomo said the state is expanding its network of free tax assistance sites, opening 80 new sites across the Empire State and offering 942 free sessions to New Yorkers, while also dedicating more money toward combating tax fraud.