11/06/2009 - 12:10 - 132 reads
The Internal Revenue Service is looking for taxpayers who are due to receive a combined $123.5 million in the form of 107,831 refund checks that were returned to the IRS by the U.S. Postal Service due to mailing address errors.
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11/06/2009 - 12:03 - 128 reads
Individuals e-filed a record 95 million federal income tax returns during 2009, up almost 6 percent from last year’s total of nearly 90 million.
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11/04/2009 - 23:07 - 733 reads
If President Obama follows the examples set by most Nobel Prize recipients, he'll donate all or most of the prize money to qualified not-for-profit organizations.
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10/29/2009 - 10:17 - 2009 reads -
Before Congress votes to extend or expand the popular First Time Home Buyer’s Credit, they might want to take a look at this report just released.
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10/27/2009 - 23:49 - 699 reads
The IRS has issued a new form to aid the processing of mortgage applications and make it simpler for people to order copies of their tax return transcripts.
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10/27/2009 - 18:49 - 1529 reads
The IRS is proudly announcing that it was able to gather up 7,500 volunteers in its international tax evasion net.
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10/27/2009 - 00:54 - 1044 reads
The IRS has created a new Web-based tool to help small business owners choose a pension plan that suits their needs
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10/21/2009 - 18:27 - 762 reads
As the debate over health care reform continues, there’s no reason why your clients can’t take matters into their own hands.
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10/21/2009 - 17:37 - 3088 reads
The federal government is hoping to roll out a Cash for Clunkers program, this time designed to boost the appliance manufacturing industry.
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10/21/2009 - 13:49 - 1226 reads
As the first time home buyer credit moves toward expiration, it is getting mixed reviews. Critics complain about cost. Proponents want an extension of the credit.
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10/15/2009 - 15:34 - 4075 reads
The Internal Revenue Service has announced cost-of-living adjustments applicable to dollar limitations for pension plans and other items for Tax Year 2010.
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10/15/2009 - 05:24 - 953 reads
There is no shortage of government programs, and few can claim to be genuinely successful. The IRS Whistleblower program may be an exception.
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10/15/2009 - 01:56 - 3538 reads
Accountants need to reach out to their clients as soon as possible to alert them to the opportunities presented by the highest exemption in estate tax history.
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10/09/2009 - 11:24 - 3384 reads
The IRS has updated the rules for determining the amount of an employee's ordinary and necessary business expenses for lodging, meals, and incidental expenses while traveling away from home.
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10/09/2009 - 11:17 - 2363 reads -
The Internal Revenue Service has announced plans to launch employment tax audits this fall in conjunction with its National Research Program (NRP).
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10/08/2009 - 11:24 - 1026 reads
It's almost October 15th... Do you know where your tax accountant is?
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10/07/2009 - 19:26 - 1530 reads
A Mission, Texas tax preparer has been permanently barred from preparing tax returns for claiming improper credits on customers' federal income tax returns.
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10/07/2009 - 12:58 - 1542 reads
Two California sisters have been sentenced to six years in federal prison for their part in a $31 million scheme to defraud the Internal Revenue Service.
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10/01/2009 - 00:09 - 1365 reads
The Internal Revenue Service has issued guidance for retirement plan administrators, plan participants and retirees regarding recent legislation affecting required minimum distributions.
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09/29/2009 - 12:50 - 2007 reads
When you owe $54 million in taxes, paying on the installment plan might be a welcome idea. And if you're short of cash, tax authorities aren't above taking payment in the form of diamond studs.
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