Content by Ken Berry

on 02/14/14
The IRS has a message for taxpayers during the week of Presidents Day: Don’t even think about calling us.Typically, this week is “prime time” for taxpayers to call the IRS with...
on 02/13/14
When Sage Kotsenburg of the United States clinched the country’s first gold medal in the Winter Olympics in Sochi earlier this week, the laid-back snowboarder repeatedly used the word “...
on 02/11/14
On February 10, the US Treasury Department issued new final regulations pertaining to the employer mandate under the Patient Protection and Affordable Care Act of 2010 (PPACA), the controversial law...
on 02/06/14
It might take slightly longer for taxpayers to get their tax refunds from the IRS this year, but at least they can do a better job of tracking the progress on their smartphones.Earlier in the week,...
on 02/04/14
Is there a danger that the IRS won’t make good on its promise to send speedy federal income tax refunds to taxpayers? That’s a distinct possibility, according to Treasury Secretary Jack...
on 01/30/14
Make way for a new type of retirement account.President Obama, who proposed the “MyRA” in his 2014 State of the Union address on January 28, signed an executive order yesterday...
on 01/29/14
The IRS certainly cut it close.With just a few scant days until the official start of tax-filing season, the IRS approved a final draft of new Form 8960, Net Investment Income Tax—...
on 01/27/14
At long last, the much-publicized health insurance mandate for individuals went into effect on January 1. Now, less than a month later, the IRS has issued new proposed regulations governing the...
on 01/23/14
It’s bad enough that taxpayers have to contend with higher federal income tax rates and stiff penalties for underpayments. Apparently, there’s also a danger that an IRS employee will...
on 01/16/14
Billionaire H. Ty Warner, the sixty-nine-year-old founder of the Beanie Baby franchise, could have been sent to federal prison for five years for tax evasion. Instead, a US district court judge in...
on 01/15/14
It’s not exactly the rallying cry of “no taxation without representation,” but National Taxpayer Advocate (NTA) Nina E. Olson has called on the IRS to adopt a comprehensive new...
on 01/15/14
The American Institute of CPAs (AICPA) has unveiled a new version of its Total Tax Insights calculator just before the start of income tax-filing season.The calculator, which can help taxpayers gauge...
on 01/08/14
By Ken Berry, Correspondent If the IRS gets its way, H. Ty Warner, creator of the Beanie Baby toy franchise, won’t be enjoying plush surroundings the next five years, he’ll...
on 01/06/14
The IRS got its ears pinned back last year for squandering taxpayer funds in video spoofs featuring Mr. Spock and a misfit bunch of castaways.  But the IRS isn’t aiming for laughs...
on 01/03/14
By Ken Berry, Correspondent The IRS has announced that it has posted “Pub. 17,” a long-standing guide covering a multitude of tax issues affecting individuals, for use in...
on 12/30/13
The IRS still is receptive to working out "deals" with taxpayers to settle their debts. But it's going to cost many of your clients more to make arrangements in 2014.  ...
on 12/27/13
Santa Claus wasn't the only one who was supposed to make a list and check it twice this holiday season. The IRS is riding herd on tax practitioners who claim the Earned Income Tax Credit (EITC)...
on 12/26/13
Public demand is up and government funding is down. What’s a beleaguered organization like the IRS to do? The nation’s tax collection agency says it will be emphasizing online services...
on 12/23/13
The IRS is doing some housework at the end of the year. As part of its regular review process, it has determined that the Multiple Tax Return Listing (MTRL) process used to electronically file Form...
on 12/19/13
The IRS promised to provide more guidance regarding the tax treatment of same-sex couples in the wake of the Supreme Court's recent ruling invalidating Section 3 of the Defense of Marriage Act (...

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