A new study by the National Taxpayer Advocate used confidential IRS data to show large clusters of potential tax cheats in these five metropolitan areas. The IRS uses the information to target taxpayers for audits….
Tax-Exempt Organizations Must File with IRS By May 15 A key deadline of May 15 is facing many tax-exempt organizations that are required by law to file annual reports with the Internal Revenue Service. Organizations will see their federal tax exemptions automatically revoked if they have not filed reports for three consecutive years. The Pension [...]
Though national tax-preparation companies have been promoting their services for weeks or months, local tax preparers have not. According to their research, generally local tax preparer’s websites lack …
People are going to put off doing their taxes, nothing will make them file any sooner. However, if you are going to get a refund…
While you were covered up with tax forms and e-file acknowledgements, you may have missed an interesting read or two…
Among the notable birthdays that occurred over this tax season is the IRS Form 1040, introduced in 1913 following the ratification of the 16th Amendment. That amendment gave the government the power to…
Richmond’s Taxpayer Protection and Preparer Fraud Prevention Act of 2013 would give the Internal Revenue Service more oversight to certify paid tax preparers and ensure they are “competent, of good character and able to render services.” The legislation also would allow the IRS to…
The Internal Revenue Service today announced a three-month tax filing and payment extension to Boston area taxpayers and others affected by the April 15 explosions.
This tax filing season the Internal Revenue Service may be monitoring social media for any clues of tax cheats.
Analysis by the Internal Revenue Service indicates that the error rate for individual tax returns has been cut by more than half. Last year, the IRS identified …
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