Tax season

This season is turning dangerous for tax preparers, according to published reports.

More than 27 million taxpayers have filed their tax returns from their home computers so far this tax season, an increase of almost 6 percent compared to last year.

The Internal Revenue Service has revised its guidance on electronic signatures, with updated information on the currently acceptable electronic signature methods, identity verification requirements and electronic record requirements.

Many individual tax returns select a third-party designee, but even though this designation is widely used, its scope is often misunderstood.

H&R Block has launched a series of YouTube music videos featuring various musicians singing about the excitement of getting a tax refund.

The Internal Revenue Service reminded home-based businesses and their tax preparers Friday about a new simplified option for claiming the home office deduction that is available for the first time this year, allowing home businesses to deduct up to $1,500 from their taxes.

Check out the digital edition of the March 2014 issue of Accounting Today.

The Internal Revenue Service reported Thursday that more than 48 million tax refunds had been issued by the end of February, a 5.6 percent increase compared to the same period last year, with the size of the average tax refund also up.

The Internal Revenue Service has created a new video for YouTube that aims to provide useful tax tips for married same-sex couples.

The Internal Revenue Service’s Low Income Taxpayer Clinic Program Office has issued its second annual program report on how LITCs help thousands of low-income taxpayers across the country with pro bono representation, education and advocacy services.

Tax season starts off easy -- but issues remain

Should they file a joint return, or married filing separate?

When people get paid in cash, they don’t always tell their tax preparer right away – if at all.

The Internal Revenue Service said Thursday that only three weeks after the opening of tax season, it has already received about one-third of the individual income tax returns it expects to receive in 2014.

Grant Thornton has released a set of tax season tips for both individuals and businesses.

About 52 percent of Americans intend to spend their annual tax refund on necessary expenses such as loans, credit cards and other household expenses, while another 30 percent plan to put the money into savings and only 8 percent plan to invest the tax refund money, according to a new survey.

IRS Commissioner John Koskinen took some time off from his busy filing season schedule to discuss some questions posed by our readers and staff.

The Internal Revenue Service said Friday that tax filings so far in 2014 have outpaced filings for the same time last year.

Although audits are a fact of taxpayer life, they're not particularly pleasant, and they can take up a lot of otherwise free time. So what should preparers say to their clients about audits?

The Internal Revenue Service is urging taxpayers to resist the urge to call the agency for answers to tax questions as it anticipates an avalanche of phone calls next week and is instead asking them to go online for help.