The Internal Revenue Service marked the third anniversary of its groundbreaking return preparer initiative and urged those paid tax return preparers required to pass a new competency test to take the test as soon as possible. Three years ago the IRS took its first step toward ensuring standards for competency, continuing education and ethics would [...]
If you receive Form 1099-A, Foreclosures and Reposessions or Form 1099-C, Debt Cancellation Income it could have a serious impact on your tax return. Get assistance from a qualified tax professional in dealing with these forms.
If you receive Form 1099-A, Foreclosures and Reposessions or Form 1099-C, Debt Cancellation Income it could have a serious impact on your tax return. Get assistance from a qualified tax professional in dealing with these forms.
Reminder: The second quarter estimated tax payment for 1040 calendar year filers is due today!
Reminder: The second quarter estimated tax payment for 1040 calendar year filers is due today!
With the early start of this year’s hurricane season, the Internal Revenue Service encourages individuals and businesses to safeguard themselves against natural disasters by taking a few simple steps.Create a Backup Set of Records Electronically Taxpayers should keep a set of backup records in a safe place. The backup should be stored away from the [...]
With the early start of this year’s hurricane season, the Internal Revenue Service encourages individuals and businesses to safeguard themselves against natural disasters by taking a few simple steps.Create a Backup Set of Records Electronically Taxpayers should keep a set of backup records in a safe place. The backup should be stored away from the [...]
The recent expansion of the IRS Fresh Start Program to help struggling taxpayers includes making Installment Agreements available to more people.Under the new Fresh Start provisions, part of a broader effort started at the IRS in 2008, the IRS is now doubling the dollar threshold for taxpayers eligible for Installment Agreements to help more people [...]
The recent expansion of the IRS Fresh Start Program to help struggling taxpayers includes making Installment Agreements available to more people.Under the new Fresh Start provisions, part of a broader effort started at the IRS in 2008, the IRS is now doubling the dollar threshold for taxpayers eligible for Installment Agreements to help more people [...]
The Internal Revenue Service today announced that the spring 2012 issue of the Statistics of Income Bulletin is available to the general public. This issue features information on high-income individual income tax returns filed for tax year 2009. Taxpayers filed more than 3.9 million returns with adjusted gross incomes of $200,000 or more. These high-income [...]