Latest From the Blog
Tax Tip of the Week | No. 274 | IRS May Shift W-2 Deadlines to Combat Identity Theft and Tax Fraud
The Internal Revenue Service is being urged to move up its W-2 filing deadline to January 31 and to lower the threshold for requiring electronic filing of W-2 returns in an effort to curb the growing trend of identity theft related tax fraud.
Tax Tip of the Week | No. 273 | Congressional Bill Could Help Married Couples Deduct More Interest on Student Loan Debt
Rep. Mark Pocan, D-Wis., has introduced a bill that would help low-income married couples deduct twice as much of the interest charged on their student loan debts.
Tax Tip of the Week | No. 272 | IRS Issues New Instructions for Obamacare
The Internal Revenue Service has issued new draft instructions, notices and a publication to help taxpayers and tax practitioners deal with the Affordable Care Act.
Tax Tip of the Week | No. 271 | Treasury to Reduce Tax Benefits of Corporate Inversions
The U.S. Treasury Department has changed some key tax rules to discourage so-called "tax inversions," in which American companies reincorporate their headquarters overseas to avoid U.S. taxes. The newly tightened rules make it more difficult to use cash that a company might be gathering in foreign countries.
Tax Tip of the Week | No. 270 | IRS Issues 401(k) After-Tax Rollover Rules
The IRS has issued new rules for taking after-tax money out of a 401(k), and they are taxpayer-friendly.
Tax Tip of the Week | No. 269 | The Surprise IRA Tax
While preparing 2012 individual tax returns in early 2013, we noticed a trickle of problems on Schedule K-1 from partnership investments in IRAs. That trickle became a flash flood this latest tax season.