Articles

The “What Ifs” for Struggling Taxpayers

October 1, 2014

People facing financial difficulties may find that there’s a tax impact to events such as job loss, debt forgiveness or tapping a retirement fund. For example, if your income decreased, you may be newly eligible for Read More

IRS Announces Direct Deposit Limits

October 1, 2014

In an effort to combat fraud and identity theft, new IRS procedures effective January 2015 will limit the number of refunds electronically deposited into a single financial account or pre-paid debit card to three. The Read More

Upcoming Tax Deadlines

October 1, 2014

October Wed 1 Deposit payroll tax for payments on Sep 24-26 if the semiweekly deposit rule applies. Fri 3 Deposit payroll tax for payments on Sep 27-30 if the semiweekly deposit rule applies. Wed 8 Read More

IRS Makes Changes to Offshore Programs

July 1, 2014

The Internal Revenue Service has announced major changes in its offshore voluntary compliance programs, providing new options to help both taxpayers residing overseas and those residing in the United States. The changes include an expansion Read More

IRS Adopts “Taxpayer Bill of Rights”

July 1, 2014

The Internal Revenue Service has announced the adoption of a “Taxpayer Bill of Rights” that will become a cornerstone document to provide the nation’s taxpayers with a better understanding of their rights. The Taxpayer Bill Read More

Upcoming Tax Deadlines

April 1, 2014

April Wed 2 Deposit payroll tax for payments on Mar 26-28 if the semiweekly deposit rule applies. Fri 4 Deposit payroll tax for payments on Mar 29-Apr 1 if the semiweekly deposit rule applies. Wed Read More