Three Extension for Bostonians
The Internal Revenue Service today announced a three-month tax filing and payment extension to Boston area taxpayers and others affected by the April 15 explosions.…
IRS Following You on Facebook?
This tax filing season the Internal Revenue Service may be monitoring social media for any clues of tax cheats.…
Tax Changes for Wealthy
The proposal intends to reduce the deficit by nearly $2 trillion during the next decade, through a combination of new revenues and budget cuts. The president says his proposed budget is not his ideal plan to cut the deficit, but...…
Oregon Tax Preparers who Preyed on Immigrants are Shut Down...
Since 1973, the Board of Tax Practitioners has protected Oregon consumers by ensuring tax preparers and consultants are competent and ethical in their professional activities. The board licenses about 4,400 tax practitioners in the state.…
Read more about Oregon Tax Preparers who Preyed on Immigrants are Shut Down...
Clamp Down on Identity Theft
According to the Obama Administration, the new steps will include increasing criminal sentences for those convicted of tax-related identity theft and creating new civil penalties for those who file fraudulent returns.…
Audits Drop, But Not For The Rich
US taxpayers were slightly less likely to face an audit last year, according to an analysis issued by the Transactional Records Access Clearing House (TRAC) at Syracuse University.…
Tax Returns Yield Fewer Mistakes
Analysis by the Internal Revenue Service indicates that the error rate for individual tax returns has been cut by more than half. Last year, the IRS identified ...…
Can the IRS Handle Online Filing Traffic?
When taxes fall due on April 15, there is a very real question about how well the Internal Revenue Services – and more to the point, its servers – will be able to handle the traffic.…
The Boomerang Effect
The number of unemployed college graduates who move back in with their parents (or other family members) might be a little surprising.…
Reduce Stress Now
Tax professionals are no strangers to stress. Here are a few suggestions to help you deal with the stress of tax season.Don’t over-extend yourself. By now, you’ve undoubtedly noticed time doesn’t…
