Tax season

The Return Preparer Office of the IRS has released details on the professional credentials of those who currently hold Preparer Tax Identification Numbers, or PTINs.

Check out the digital edition of the October 2013 issue of Accounting Today.

“Oh what I’d give to get a good night’s sleep.” We’ve heard that before, maybe even said it ourselves, especially during tax season. But tax preparer Joyce Linzy was prepared to spend money to make it happen.

New tools (and less late legislation) have tax software vendors hopeful for 2014

May I ask you a personal question? Do you feel like your job description is “last-minute issue tackler”? You are not alone.

Kat Morgan will check a “married” box on her federal tax return next year for the first time since her 2009 wedding, now that the Internal Revenue Service will recognize same-sex marriages no matter where couples live.

Busy season: say it to a room full of CPAs and you get a round of all-knowing nods in return.

JTH Holding Inc., the parent company of Liberty Tax Service, said it has received a letter from the Nasdaq Stock Market indicating it was not in compliance with Nasdaq’s continued listing requirements.

U.S. taxpayers filed 145.4 million individual income tax returns for tax year 2011, a 1.7 percent increase from 2010, according to newly released IRS statistics.

The Taxpayer Protection Program that the Internal Revenue Service implemented in an effort to curb the problem of identity theft-related tax fraud is improving the IRS’s efforts at detecting identity theft, but the case-processing controls need to be strengthened to reduce the burden on taxpayers victimized by identity theft, according to a new government report.

The unthinkable happened to me. My office was burglarized and a computer stolen containing all of my clients’ personal information! This is my cautionary tale to my colleagues—we have become targets in the IRS identity theft epidemic.

The Internal Revenue Service said in an email to tax professionals Friday that it would begin sending letters to enrolled agents in late July when their enrollment status is being inactivated or terminated because of their failure to renew.

Seventy-nine percent of New Jersey CPAs anticipate their clients will pay more taxes in 2014 than 2013, according to a new survey.

The New York State Department of Taxation and Finance outsourced the responsibility of refunding money to a new contractor this year and many taxpayers who filed paper-based returns still have not received their refunds.

While the end of the busy season always brings a collective sigh of relief to staff and partners alike, the shift in seasonal demand can be a Catch-22.

Virtually all tax preparers were adversely affected by the late start to the 2013 filing season, with the added complications of late forms, late information from brokerage houses and, in some cases software glitches.

Your spouse or partner seems strangely distant or removed, so what's going on? Ponder as you might, it just doesn't seem to add up. Suddenly you scan the calendar, and it comes to you, crystal clear -- it is tax season!

H&R Block has introduced a remote service for U.S. citizens living abroad that will help them meet their often confusing tax-filing obligations.

The enhancements that the Internal Revenue Service is making to its Modenized e-File computer system promise to improve the system’s reliability and reduce delays in processing tax returns next filing season, according to a new report.

Updated statistics from the IRS show continued growth in e-filing of returns.