Tax Preparers and Identity TheftIt is a form of crime unique to the 21st Century, as the massive collection of data from consumers and a lack of sophisticated computer security measures combine to…
A new study by the National Taxpayer Advocate used confidential IRS data to show large clusters of potential tax cheats in these five metropolitan areas. The IRS uses the information to target taxpayers for audits....…
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...…
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...…
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.…
This tax filing season the Internal Revenue Service may be monitoring social media for any clues of tax cheats.…
Some tax preparers glean more profit per client than others. It’s not just a matter of location or types of clients, though these may be important to the growth and future of the firm. Often, it is a matter of doing the right things at the right time ...…
Read more about The 10 Habits Of Highly Profitable Tax Preparers
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.…
A new website provided by Drake Software hits the sweet spot, giving taxpayers and employers a to-the-point, layman’s overview of the Affordable Care Act’s (ACA) looming tax implications. The site, located at...…
Read more about New Website: Overview of the Affordable Care Act's Tax Implications
Social networking is something that many smaller businesses are attempting in today’s technological world. In order to take full advantage of all that social media has to offer to businesses...…
