How to Approach Taxing of Employer-provided Meals & Lodging
TaxesGreat article about how to handle taxing food and lodging provided by your employer.
Article by Alan D. Campbell, CPA, Ph.D., and Dena S. Mitchell, CPA on Journal of Accountancy
Gross income generally includes the fair market value…
Tax, Estate Planning, Benefits Opportunities for Same-Sex Couples
Estate Planning, TaxesArticle by Ashlea Ebelling | Featured on Forbes | Featured Image by Rena Schild / Shutterstock.com
Today’s historic Supreme Court decision, Obergefell v. Hodges, affirmed a constitutional right to same-sex marriage in all 50 states, opening…
When It Rains, It Pours… HSBC Drowning in Troubles
TaxesFor over a year, Bank of America seemed to make headline news every day. Unfortunately, none of those headlines were good. Now top honors goes to HSBC. This time it is Argentina claiming that the British banking giant helped clients evade taxes.
According…
Employers: Don’t Overlook the Small Business Health Care Tax Credit
Small Business, Tax Tips, TaxesIRS Tax Tip 2015-37, March 12, 2015
Do you own or run a small business or tax-exempt group with fewer than 25 full-time employees? If you do, you should know that the Small Business Health Care Tax Credit can help you provide insurance to…
TIGTA Warns of Phone Scams Related to IRS
TaxesIn press release TIGTA 2015-01 J. Russell George, Treasury Inspector General for Taxpayer Administration (TIGTA) warned of the threat of phone scams where the individual claims to represent the Internal Revenue Service in order to defraud individuals.
Phone…
Misplaced SSA-1099 Forms Can Be Replaced Online
TaxesThe U.S. Social Security Administration has announced that new online services include the ability to quickly and easily get a replacement form SSA-1099 within minutes.
Carolyn W. Colvin, Acting Commissioner of Social Security, said on Monday…
Republicans, Democrats Agree On Tax Issue; Winter Storm Warning Issued For Hell
TaxesCongress is determined to fix the broken tax Code, even if it has to do it one provision at a time. Which apparently, it just might have to do.
On Thursday night, the House voted 240-39 to approve a bill (H.R. 644) that would make permanent…
Inflated Refund Claims Remain on the IRS “Dirty Dozen” List of Tax Scams for the 2015 Filing Season
2015, TaxesIR-2015-12, Jan. 29, 2015
WASHINGTON — The Internal Revenue Service today warned taxpayers to be on the lookout for unscrupulous tax return preparers pushing inflated tax refund claims. This scam remains on the annual list of tax scams…