The Internal Revenue Service is reminding taxpayers that time is short to file their 2014 income tax return for a refund. Some $1 billion in refunds is yet unclaimed from TY2014. In order to claim a…
Read more about Time Running Short to File 2014 Returns for Refund
Keeping Your Facebook and Twitter Accounts SafeWe’ve all been there: one of your Facebook friends sends a bizarre message containing a suspicious link, and the next day, you get a phone call about…
The House Ways and Means Committee on Monday issued a press release announcing a discussion draft for the Taxpayer First Act, a bipartisan effort aiming to “redesign the Internal Revenue Service (IRS)…
Read more about House Ways and Means Oversight Subcommittee Proposes IRS Reform
Baffled by Bitcoin? In the dark over Litecoin but find Ethereum engaging?No matter what your attitude toward the use of virtual currency, the Internal Revenue Service wants you to know that there’s…
In our last post, we laid out this year’s “Dirty Dozen” tax scams as ranked by the Internal Revenue Service. The annual list looks at the worst scams likely to beset taxpayers and tax pros during the…
Every tax season, the Internal Revenue Service releases what it terms the “Dirty Dozen” list of top tax scams. While some of the scams listed may not change from year to year—if the bad guys find a…
Income tax professionals from preparers to CPAs and EAs are being reminded to maintain and monitor their various identification numbers that enable them to e-file.The reminder comes from the Security…
Read more about Security Summit Reminds Tax Pros to Protect EFINs, PTINs
When the Bipartisan Budget Act was passed in February, some early filers needed to submit amended returns to take advantage of the retroactive tax extenders that were included in the legislation.The…
Read more about Drake Tax Ready to Process All Bipartisan Budget Act Extenders
Passwords tend to be something people dread. What’s the correct length? How many characters? Are Shakespeare quotes a good idea? Luckily, our latest podcast guest was able to provide some…
Somewhere between the time we start our work careers and the time we finally retire, life happens. During that time span, many taxpayers feel the need to dip into their Individual Retirement Account…
Read more about Things to Remember About Early Withdrawals from Retirement Plans
