Morton's Steakhouse appreciates CPAs
On Thursday April 16th lucky CPAs in locations around the country were rewarded for their hard work with a complimentary Steak and Seafood Dinner for ...
Castroneves found not guilty of tax evasion
By midday Friday it looked like Helio Castroneves would be biting his nails through the weekend, waiting for the jury to continue deliberating this we...
Castroneves tax trial diary - The wait is over
Friday, April 17, 2009Helio Castroneves and his sister Katiucia have been acquitted on all counts of tax evasion. The jury remained hung on one conspi...
Have you been scammed? IRS publishes list of 'Dirty Dozen' tax scams
The Internal Revenue Service has issued its 2009 "dirty dozen" list of tax scams, including schemes involving phishing, hiding income offshore and fal...
Anti-tax tea parties protest taxes and spending
Anti-tax tea parties scheduled for Tax Day took their inspiration from the nation's original tax revolt, the Boston Tea Party. Protesters at tea parti...
Top 9 confusing business deductions
It's tax time, which means almost 21 million self-employed people are preparing to fill out their tax returns, including Schedule C: Profit or Loss fr...
Earliest Tax Freedom Day in 42 years!
Taxes are due as usual, on April 15th. But for the first time in decades, Tax Freedom Day – the day that Americans will have earned enough money to ...
IRS to hire more employees for corporate, international compliance
In an economic downturn when few companies are hiring, one federal agency plans to embark on its largest hiring initiative in recent history – the I...
Federal tobacco tax increase - what the accounting bloggers are saying
From Tax Prof blog:By Rachel E. Morse - abstract of published Note:Sin taxes--traditionally levied on alcohol and tobacco--are inherently regressive a...
AIG controversy results in more legislative wrangling
April 2, 2009Yesterday the House passed a new bill that attempts to address how we should deal with the AIG bonuses that aroused furor among the publi...
Obama's first tax increase: National sin tax is effective April 1
The first major tax increase from the president who promised no tax increases on 95 percent of the population goes into effect today, April 1. This is...
New tax break available for recipients of unemployment compensation
All or part of unemployment benefits received in 2009 will be tax free for many unemployed workers, according to the Internal Revenue Service."This mo...
IRS announces additional tax break for new car purchases
The Internal Revenue Service has announced that taxpayers who buy a new passenger vehicle during 2009 may be entitled to deduct state and local sales ...
IRS employee charged with filing false returns, illegal access to data
Timothy M. Morrison, United States Attorney for the Southern District of Indiana, announced that Andrea M. Bennett, 41, Indianapolis, Indiana, has bee...
Obama announces Treasury nominees
After some candidates have dropped out of contention, President Barack Obama has announced three high-level nominations for Treasury Department posts....
Desktop snacks for healthy eating at the office
It's late. Work is piled all around. You still have hours to go before you call it a day. You're hungry. What do you do? Reach for the nearest can of ...
IRS seeks to pierce the veil of secrecy on foreign bank accounts
The days of anonymous Swiss bank accounts identified only by numbers and of stashes of cash in the Cayman Islands are dwindling. Not that there is any...
Beat stress by staying in shape during busy season
We all know that one of the best ways to relieve stress and tension is with exercise. The Anxiety Disorders Association of America states that exercis...
IRS seeks to fill openings on Taxpayer Advocacy Panel
The Internal Revenue Service seeks civic-minded volunteers to serve on the Taxpayer Advocacy Panel (TAP), which listens to taxpayers, identifies key i...
More taxpayers jump start their own economies by early filing
Taxpayers who will get refunds may be working out their own economic stimulus plans, by filing their taxes earlier than usual. The IRS reports that as...
