News

Appeals court panels issue split decision on Obamacare

Source: usatoday.com - Jul 25, 2014

WASHINGTON — A divided federal appeals court panel dealt a potentially major blow to President Obama's health care law Tuesday, ruling that participants in health exchanges run by the federal... Read more >

Category: General Business

Obama: Tax-fleeing companies ‘wrong’

Source: spokesman.com - Jul 25, 2014

LOS ANGELES – President Barack Obama urged Congress on Thursday to end a controversial practice that allows U.S. companies to relocate abroad to avoid paying billions of dollars in federal... Read more >

Category: General Business

Tax Information for Students Who Take a Summer Job

Source: irs.gov - Jun 3, 2014

IRS Special Edition Tax Tip 2014-13, May 19, 2014 Many students take a job in the summer after school lets out. If it’s your first job it gives you a chance to learn about the working world.... Read more >

Category: IRS

Hurricane Preparedness Sales Tax Holiday

Source: revenue.louisiana.gov - May 20, 2014

2014 Louisiana Hurricane Preparedness Sales Tax Holiday Saturday, May 24 & Sunday, May 25 Louisiana Revised Statute 47:305.58 provides for an annual state sales tax holiday on sales of... Read more >

Category: Louisiana

Six Reasons Why You Should File Now vs. Filing for an Extension

Source: huffingtonpost.com - Apr 1, 2014

Every April, taxpayers procrastinate and wait until the last minute to file their tax returns. According to the IRS about 28 percent of taxpayers wait until these last weeks to prepare their... Read more >

Category: General Business

This Tax Season, Fraudsters May Target Your Refund

Source: npr.org - Apr 1, 2014

You've already heard about thieves stealing credit card numbers, with dominating the news headlines. But imagine what a thief could do with your company's payroll records. Those contain valuable... Read more >

Category: IRS

Tax filing in 2014: 7 new rules and 9 wacky deductions

Source: csmonitor.com - Apr 1, 2014

Tax season is here, so it's time to ensure you're ready to get the most out of your filing. We're here to help you navigate the new rules for 2014 and alert you to some strange, wacky, but... Read more >

Category: IRS

IRS warns of biggest tax scam ever

Source: cbsnews.com - Mar 21, 2014

By/Kathy Kristof/MoneyWatch/March 20, 2014, 5:48 PM As if taxpayers don't have enough to worry about. Thousands of Americans have been conned out of more than $1 million by crooks posing as IRS... Read more >

Category: General Business

Tax season 2014: Changes you need to know

Source: cbsnews.com - Mar 21, 2014

What is different for your taxes this year? Here are a few items you need to know about in this tax season. First, we'll look at the things that could pull a little bit more money from your... Read more >

Category: IRS

IRS Asks Taxpayers to Resist Calling Next Week

Source: accountingtoday.com - Feb 14, 2014

The Internal Revenue Service is urging taxpayers to resist the urge to call the agency for answers to tax questions as it anticipates an avalanche of phone calls next week and is instead asking... Read more >

Category: General Business

IRS scandal -- time for a special counsel

Source: foxnews.com - Feb 13, 2014

In the last week, new developments in the IRS targeting scandal have led me to the same conclusion as Senator Ted Cruz, Senator Lindsey Graham, Representative Trey Gowdy, and others: It’s time... Read more >

Category: IRS

IRS Loses Appeal on New Rules for Tax Preparers

Source: abcnews.go.com - Feb 13, 2014

By MATTHEW BARAKAT Associated Press Associated Press The IRS on Tuesday lost a federal appeal in a legal battle over its effort to institute competency exams and other new regulations for as many... Read more >

Category: General Business

Earned Income Tax Credit; Do I Qualify?

Source: irs.gov - Feb 6, 2014

FS-2014-4, January 2014 The Earned Income Tax Credit (EITC) is a financial boost for people working hard to make ends meet. Millions of workers may qualify for the first time this year due to... Read more >

Category: General Business

IRS Would Be Challenged By Any Future ACA Changes

Source: tax-news.com - Feb 6, 2014

by Mike Godfrey, Tax-News.com, Washington 05 February 2014 The primary finding of a report released by the Treasury Inspector General for Tax Administration (TIGTA) is that the United States... Read more >

Category: General Business

Don't Make These Tax Mistakes Fifteen common tax-filing errors that can cost you dearly.

Source: online.wsj.com - Feb 6, 2014

Stephen Webster How should you feel about this year's taxes? It's complicated. The Internal Revenue Service opened its filing season Friday, and by midnight on April 15 the agency expects to hear... Read more >

Category: IRS