Same-sex marriage rulings: Does this mean tax changes?

Same-sex marriage rulings mean tax changes Updated: Thursday, 27 Jun 2013, 5:12 PM EDT Published : Thursday, 27 Jun 2013, 3:41 PM EDT Laura Hutchinson, 22News Investigative Reporter WEST SPRINGFIELD, Mass. (WWLP) – Big changes are ahead for same-sex couples after the U.S. Supreme Court wiped away part of a federal anti-gay marriage law. Same-sex … More Same-sex marriage rulings: Does this mean tax changes?

U.S. tax writers to propose a controversial tax code revamp

WASHINGTON (Reuters) – The top Democrat and Republican tax-writers in the Senate will propose a revamp of the tax code on Thursday that challenges their colleagues to justify retaining some of the country’s most cherished tax breaks. Democrat Max Baucus, chairman of the Senate Finance Committee, and top panel Republican Orrin Hatch, will challenge fellow … More U.S. tax writers to propose a controversial tax code revamp

IRS official apologizes for lavish CA conference

Credit to: http://news.yahoo.com/irs-official-apologizes-lavish-ca-conference-204824516.html By ALAN FRAM and STEPHEN OHLEMACHER | Associated Press – Thu, Jun 6, 2013 WASHINGTON (AP) — An Internal Revenue Service official whose division staged a lavish $4.1 million training conference and who starred as Mr. Spock in a “Star Trek” parody shown at the 2010 gathering conceded to Congress on Thursday that taxpayer dollars were wasted in the episode. … More IRS official apologizes for lavish CA conference

The Form 1099K for Online Small Businesses

What to do when your clients receive one of the IRS’s four new business income under-reporting letters By Jim Buttonow Source: http://www.accountingtoday.com/news/It-is-Here-Form-1099-K-Business-Income-Matching-64832-1.html?pg=2 The Internal Revenue Service has always been able to match individual tax returns against information statements and propose under-reporter adjustments that come in the form of CP2000 notices. But things are changing, and … More The Form 1099K for Online Small Businesses

IRS Intensifies National Crackdown on Identity Theft; Part of Wider Effort to Protect Taxpayers, Prevent Refund Fraud

IR-2013-17 WASHINGTON — Continuing a year-long enforcement push against refund fraud and identity theft, the Internal Revenue Service today announced the results of a massive national sweep in recent weeks targeting identity theft suspects in 32 states and Puerto Rico, which involved 215 cities and surrounding areas. The coast-to-coast effort against 389 identity theft suspects … More IRS Intensifies National Crackdown on Identity Theft; Part of Wider Effort to Protect Taxpayers, Prevent Refund Fraud

Education Credit Claims must wait until Mid February!

The IRS posted a notice informing everyone that Taxpayers who are claiming Education Credits may do so once they have updated the necessary filing forms, which will not be complete until Mid February. Consequently, if you are trying to claim a Education Credit, we will not be able to transmit the return for you until … More Education Credit Claims must wait until Mid February!