Government Shutdown and the IRS
The government shutdown involves a large number of federal government functions, including many affecting taxpayers and tax practitioners.
View ArticleOctober 11 – the 100th Anniversary of the U.S. Income Tax Code
In 1913 the tax code was 400 pages, over the last 100 years the tax code has grown to a complex 73,608 pages. Happy Birthday! Or not. Income Tax Turns 100 Years Old
View ArticleFiling season will be delayed, IRS says
The IRS announced on Tuesday a delay of one or two weeks in the start of the 2014 filing season as a result of the 16-day government shutdown to allow adequate time for the IRS to prepare and test...
View ArticleIRS Reminds Individuals of Health Care Choices for 2014
Starting in 2014, you must choose to either have basic health insurance coverage (known as minimum essential coverage) for yourself and everyone in your family for each month or go without health care...
View ArticleIRS Tax Tip – Home Office Deduction
If you work from home, you should learn the rules for how to claim the home office deduction. Starting this year, there is a simpler option to figure the deduction for business use of your home.
View ArticleBeware of Fake IRS Emails and Phone Calls
Tax scams that use email and phone calls that appear to come from the IRS are common these days. These scams often use the IRS name and logo or fake websites that look real.
View ArticleRecognizing Charitable Contributions
Non-profits can receive a wide range of gifts from their supporters. If you are unsure what documentation the IRS requires for donors to substantiate a tax deduction for their gifts check out an...
View ArticleWritten Acknowledgement of Charitable Contributions
Taxpayers generally receive two benefits when they provide financial support to a non-profit organization. The first is the sense of satisfaction from contributing to an organization they believe in....
View ArticleTax Increase Prevention Act of 2014
Starting in 2014, you must choose to either have basic health insurance coverage (known as minimum essential coverage) for yourself and everyone in your family for each month or go without health care...
View ArticleIRS Releases the “Dirty Dozen” Tax Scams for 2014
Tax scams that use email and phone calls that appear to come from the IRS are common these days. These scams often use the IRS name and logo or fake websites that look real.
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