News

President Barack Obama's tax proposal raises questions for Louisiana lawmakers

Source: nola.com - Feb 23, 2012

Published: Thursday, February 23, 2012, 7:40 AM Updated: Thursday, February 23, 2012, 7:40 AM By Bruce Alpert, The Times-Picayune WASHINGTON -- Louisiana lawmakers are generally praising... Read more >

Category: General Business

IRS Releases the Dirty Dozen Tax Scams for 2012

Source: irs.gov - Feb 23, 2012

IR-2012-23, Feb. 16, 2012 WASHINGTON –– The Internal Revenue Service today issued its annual “Dirty Dozen” ranking of tax scams, reminding taxpayers to use caution during tax season to... Read more >

Category: IRS

It's Official: Payroll Tax Holiday Extends through 2012

Source: accountingweb.com - Feb 23, 2012

By Ken Berry Update: President Obama signed into law the Middle Class Tax Relief and Job Creation Act of 2012 on Wednesday, February 22. Ending several weeks of uncertainty, Congress passed the... Read more >

Category: General Business

I-Team: City To Begin Push On Long-Standing Fee For Businesses Franchise Fee To Be Enforced On All Business, City Says

Source: wdsu.com - Feb 15, 2012

NEW ORLEANS -- The push is on to begin enforcing a long-standing rule, and collecting money from businesses that make up the fabric of the city of New Orleans. It's a move some say could do more... Read more >

Category: General Business

Louisiana tax credit convinces Isis Capital to relocate to New Orleans

Source: nola.com - Feb 15, 2012

By Jaquetta White, The Times-Picayune The Louisiana tax credit program that state officials have touted as the key component in luring high-profile software firms Gameloft and Electronic Arts to... Read more >

Category: IRS

IRS Unveils New Version of Smartphone App; IRS2Go 2.0 Offers Videos, Tax Help

Source: irs.gov - Feb 15, 2012

IR-2012-16, Feb. 8, 2012 WASHINGTON — The Internal Revenue Service announced today the availability of IRS2Go 2.0, an expanded version of its smartphone application designed to provide taxpayers... Read more >

Category: IRS

IRS Gives Guidance On Veterans Tax Credit

Source: tax-news.com - Feb 15, 2012

by Mike Godfrey, Tax-News.com, Washington 13 February 2012 The United States Internal Revenue Service (IRS) has released the guidance and forms that employers can use to claim the newly-expanded... Read more >

Category: IRS

US Tax Preparers Face New Education Requirements

Source: tax-news.com - Feb 15, 2012

by Mike Godfrey, Tax-News.com, Washington 14 February 2012 The United States Internal Revenue Service (IRS) has reminded certain tax return preparers that they must complete 15 hours of continuing... Read more >

Category: IRS

Congressional negotiators reach tentative deal on payroll tax cut, jobless aid, Medicare money

Source: foxnews.com - Feb 15, 2012

Published February 14, 2012 Bipartisan negotiators hammered out a tentative deal Tuesday to extend the payroll tax cut for the rest of the year, as well as unemployment insurance and the so-called... Read more >

Category: General Business

Dying Tax Breaks: Use Them While They're Hot

Source: reuters.com - Feb 9, 2012

(Reuters) - Every year, dozens of little bits of the tax code fall by the wayside or, more typically, get ritually renewed by Congress. This half-in, half-out nature of the tax code frustrates... Read more >

Category: General Business

IRS Upbraided Over Restitution Payments

Source: usa-tax-news.com - Feb 9, 2012

by Mike Godfrey, Tax-News.com, washington Tuesday, February 07, 2012 The United States Internal Revenue Service (IRS) does not have effective internal controls to ensure defendants convicted of... Read more >

Category: IRS

Switzerland Yields To US Tax Demands

Source: tax-news.com - Feb 9, 2012

by Ulrika Lomas, Tax-News.com, Brussels 06 February 2012 Following mounting pressure from the US attorney’s office, Switzerland has finally handed over to US investigators comprehensive,... Read more >

Category: IRS

Parents Delay Retirement, Use Savings to Help Adult Children, Report Finds

Source: moneynews.com - Feb 9, 2012

Friday, 03 Feb 2012 11:34 AM By Forrest Jones Retirement has become more elusive for many these days, and even those who have amassed savings for their golden years are finding themselves cashing... Read more >

Category: General Business

IRS Refund Delay and Real-Time Tax System

Source: accountingtoday.com - Feb 8, 2012

February 1, 2012 By Michael Cohn, Editor-in-Chief, AccountingToday.com The Internal Revenue Service needed to put the brakes on its tax refunds this tax season when newly installed filters to... Read more >

Category: General Business

On Earned Income Tax Credit Awareness Day, IRS and Partners Launch Outreach Campaign to Low- and Moderate-Income Workers

Source: irs.gov - Feb 8, 2012

IR-2012-11, Jan. 27, 2012 WASHINGTON — The Internal Revenue Service and community partners nationwide today launched their annual outreach campaign aimed at helping millions of Americans who... Read more >

Category: IRS