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July 10, 2007

Featured News



They're back! IRS resurrects random audits

The Internal Revenue Service has announced plans to return to its practice of selecting random tax returns for audits this fall. Beginning in October, the Service will target approximately 50,000 income tax returns from 2006.


Excel 2007 Tip #2: Formatting is now done via the right mouse menu

One really disconcerting change to Excel 2007 is the disappearance of the toolbars. Features you use all the time seem to have disappeared back to into the menus.


IRS can now tax nonphysical injury awards

The United States Court of Appeals for the District of Columbia Circuit has ruled that the IRS can tax damage awards for nonphysical injuries such as mental distress or injury to reputation.


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