Tax

Tax season has always been the best time of the year for me to get new business. The reason is that there is much less competition.

Some of our favorite recent tax fraud cases.

In a last-minute push before a special enrollment begins Sunday, officials from the Centers for Medicare and Medicaid Services and Treasury Department Friday wanted to remind consumers to sign up for coverage and avoid fees seen in this year’s tax season.

The Internal Revenue Service issued a consumer alert Friday warning taxpayers to beware of tax preparers who tell clients to give them their health insurance payments.

The number of self-prepared federal returns has increased almost 6% so far this season and professionally prepared returns have dropped, according to the IRS.

Check out the digital edition of the March 2015 issue of Accounting Today.

New York City’s Department of Consumer Affairs wants to expand interest in free tax preparation services, particularly for low-income New Yorkers who qualify for the Earned Income Tax Credit, by redesigning the sites where they can get Volunteer Income Tax Assistance.

A majority of small businesses are happy with their accountants, but feel they pay too much in taxes, even though they’re not sure their accountants can do much to reduce their tax liability, according to a new survey.

Tax reform, if it happens in the next two years, will occur in incremental steps rather than as a comprehensive package.

The Senate Finance Committee heard testimony Thursday about the increasing prevalence of tax scams and identity theft, with senior citizens finding themselves especially vulnerable to callers impersonating Internal Revenue Service employees.