The IRS is basically responsible for the delay in sending in tax returns. But it has compensated the taxpayers in the form of free e-filing form software that has been made accessible. What the...
As the Internal Revenue Service begins processing an expected 148 million individual income tax returns for 2013, IRS Commissioner John Koskinen is apologizing to taxpayers for the sorry...
It’s Form 1099 season, and companies big and small are churning them out. If you’re in business–even as a sole proprietor–you need to pay attention to issuing them or face penalties. The burden on...
When Congress threatened “right-sized” budget cuts for the Internal Revenue Service last July, it was a clear swipe at the agency which had been under fire following a number of scandals. House...
Despite the announcement from the Internal Revenue Service about the late start to tax season, taxpayers are already confused. Why the confusion? Tax preparer advertising. Some tax preparers are...
There are a lot of changes brewing in the tax world for 2014. Some changes are the result of things Congress did – and even more, the result of things didn’t do. But Congress doesn’t pull all of the...