December 26, 2013
The Internal Revenue Service today reminded professional tax return preparers to renew their Preparer Tax Identification Numbers (PTINs) if they plan to prepare returns in 2014. Current PTINs expire Dec. 31, 2013.
December 19, 2013
The Internal Revenue Service today announced plans to open the 2014 filing season on Jan. 31 and encouraged taxpayers to use e-file or Free File as the fastest way to receive refunds.
December 19, 2013
Here’s a holiday season lump of coal you might not be expecting: the tax refund you count on to help pay those holiday bills very likely could be delayed, as the Internal Revenue Service (IRS) said the filing season will start on Jan. 31, instead of the initially-planned Jan. 21.
December 18, 2013
According to a new report, more than 1,100 vendors doing business with the Internal Revenue Service (IRS) owe a combined $589 million in Federal tax debt.
December 17, 2013
The Internal Revenue Service has announced the selection of three new members and a chairperson to the Electronic Tax Administration Advisory Committee (ETAAC).
December 17, 2013
Anyone who has ever tried to call the Internal Revenue Service knows what to expect first ... a wait. Sometimes a really long one. For tax professionals who need to reach the IRS more frequently, this can be a waste of precious time and productivity.
December 12, 2013
Thomson Reuters Checkpoint Releases Special Report for Tax Professionals on New Capitalization Regulations
December 10, 2013
Report says the IRS needs to do more to prevent fraud committed using stolen EINs.
December 3, 2013
Like most practitioners, I had trouble successfully billing for post-filing work. The reasons are complicated. It’s often an issue of back-and-forth time with clients or the IRS/state taxing authorities.
December 1, 2013
This proposed guidance defines the term “candidate-related political activity,” and if accepted, would amend current regulations by indicating that the promotion of social welfare does not include this type of activity.
November 21, 2013
The Treasury Department agency tasked with overseeing the Internal Revenue Service has issued a report saying that the nation's taxing authority needs to do a better job of tracking its efforts to eliminate identified flaws in the security of systems involving taxpayer data.
November 20, 2013
Must know tax advice for 2013