In the News

In the News

While you were covered up with tax forms and e-file acknowledgements, you may have missed an interesting read or two...…

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IRS Form 1040 Turns 100

IRS Form 1040 Turns 100

Among the notable birthdays that occurred over this tax season is the IRS Form 1040, introduced in 1913 following the ratification of the 16th Amendment. That amendment gave the government the power to...…

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Tax Preparer Legislation Filed

Tax Preparer Legislation Filed

Richmond’s Taxpayer Protection and Preparer Fraud Prevention Act of 2013 would give the Internal Revenue Service more oversight to certify paid tax preparers and ensure they are “competent, of good character and able to render services.” The legislation also would allow the IRS to...…

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Whistleblower

Whistleblower

The Internal Revenue Service has rejected a reward claim made by a whistleblower, former banker Joseph Insinga, who had sued the agency in a closely watched case. According to Reuters, the IRS told Insinga on April 15 that he was not entitled to a reward...…

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