A new revision of the Form 656-B booklet, with forms and instructions for submitting an Offer in Compromise (OIC), will be available on IRS.gov in January. The use of earlier versions after Jan. 1…
New Documents Help Tax PreparersThe Internal Revenue Service has released three documents designed to assist tax preparers in working with their clients, and best practices with regard to Individual…
Read more about ACA Basics – IRS Resources and Best Practices for Tax Preparation Professionals
Washington, DC – Ways and Means Committee Chairman Dave Camp (R-MI) and Ranking Member Sander Levin (D-MI) introduced the Taxpayer Protections Against Abusive Seizures Act, legislation that provides…
WASHINGTON – The Internal Revenue Service (IRS) appropriately used its legislative authority to temporarily hire employees at salaries higher than those typically given to Federal Government senior…
Read more about TIGTA Report Says IRS Hires Critical Executives At Salaries Higher Than Typical
Public Accounting Act Determines Qualifications for Illinois Tax PreparersThe Illinois House of Representatives and Senate have now approved legislation that will set the foundation for a program to…
Read more about Illinois Moves To Regulated Tax Return Preparers
Important Tax Law Provisions Have Taken Effect in Recent YearsWASHINGTON ― The Internal Revenue Service today reminded individuals and businesses making year-end gifts to charity that several…
Consumer Protection Initiative Aims to Train Tax PreparersContinuing education is phase two of New York’s first tax preparer regulations; training is vital because 70% of New Yorkers hire tax…
Read more about NYS Tax Department Launches NY’s First Tax Preparer Continuing Education Program
Legislation to Provide Opportunity for Americans with DisabilitiesThe US House of Representatives has passed H.R. 647, the Achieving a Better Life Experience Act’. The Act is designed to provide…
WASHINGTON — The Internal Revenue Service issued the 2015 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving…
Read more about New Standard Mileage Rates Now Available; Business Rate to Rise in 2015
Vitter will continue to push for a full vote on his No Washington Exemption legislationWednesday, December 10, 2014(Washington, D.C.) – The Senate Republican Conference accepted a rule proposed by…
Read more about Press Release: Republican Senators Vote to Treat Congress Equally Under Obamacare
