11/18/2009 - 23:10 - 1163 reads -
Does it seem like your life is all work and no play? Why not consider a business cruise, allowing you to write off travel expenses as business tax deductions?
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11/17/2009 - 12:38 - 557 reads
Tax professionals can hear first hand from their colleagues and e-mail questions to the Internal Revenue Service about the benefits of IRS e-file during a free Webinar.
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11/17/2009 - 12:25 - 646 reads -
A Michigan attorney has been sentenced to five years in prison for attempting to defraud the government. His client received a hefty fine and probation.
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11/17/2009 - 12:07 - 987 reads
Because of the unusual way the Make Work Pay Credit is administered, some taxpayers will find themselves owing federal taxes and possibility penalties.
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11/12/2009 - 23:28 - 863 reads
Clifford Smith, better known as the rapper Method Man or simply Meth, is battling the New York State Department of Taxation over back taxes of $52,503.
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11/12/2009 - 23:24 - 1282 reads -
The trouble seems to never end for Nicolas Cage. Now the IRS is after him for $6.26 million in taxes owed on his 2007 income.
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11/12/2009 - 23:00 - 985 reads
Many more taxpayers may be able to take advantage of education credits and deductions for 2009 because of new legislation.
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11/12/2009 - 01:12 - 2354 reads -
Just as the door was about to slam shut on the First Time Home Buyer Credit, Congress not only extended the deadline, but also expanded it to include those who are not first time buyers.
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11/11/2009 - 11:44 - 1869 reads
President Obama signed into law last week an extension of the first time home buyers tax credit until April 30, 2010. The credit was set to expire on December 1, 2009.
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11/06/2009 - 12:10 - 1130 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 - 867 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 - 1919 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 - 2946 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 - 975 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 - 1915 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 - 1458 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 - 944 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 - 3892 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 - 1422 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 - 4888 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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