Tax

With the increasing reliance on technology for filing tax returns, is the federal government taking the necessary measures to protect personal information?

A Miami-based startup has launched Taxfyle, an iPhone app aimed at Millennials that allows them to connect with a network of 300 CPAs who can help them prepare and file their taxes.

TaxAct has introduced online Form 990 software that allows tax-exempt organizations to file their information returns with the Internal Revenue Service.

The Internal Revenue Service is offering up to $10,000 to the winner of a new competition to make its online tax information more understandable to taxpayers.

Close to half of U.S. investors assess their broader wealth and financial situation during tax season, according to a new survey.

The American Institute of CPAs has written to the Internal Revenue Service recommending some changes in the IRS’s proposed regulations for country-by-country reporting by multinational corporations of financial information to curb tax avoidance.

The odds of being criminally prosecuted by the Internal Revenue Service have fallen as a result of budget cuts at the hands of Congress, decreasing from 13.3 per million population in fiscal year 2013 to 9.2 per million in FY 2015, according to new research.

As tax professionals, we’re used to seeing a myriad of changes to the tax code every year. We spend hours familiarizing ourselves with the details so we’re prepared to advise our clients in the New Year.

The Internal Revenue Service has released the Top 10 Identity Theft Prosecutions for Fiscal Year 2015 to highlights its efforts to combat tax refund fraud and identity theft.

Last week I met with a client for one hour to get his tax information. This is a client I have had since 1972.