News Articles

February 11, 2012
Earned Income Tax Credit for 2011; Do I qualify?

February, 11, 2012
When Can I Expect My Refund?

News

(Updated Weekly)

February 11, 2012
Earned Income Tax Credit for 2011; Do I qualify? - The Earned Income Tax Credit (EITC) is a financial boost for people working hard to make ends meet. Millions of workers may qualify for the first time this year due to changes in their marital, parental or financial status.

February 11, 2012
When cn I expect my refund? -The Internal Revenue Service reminds taxpayers to keep in mind that many variables can affect the speed of a tax refund. Using e-file with direct deposit remains the fastest option for taxpayers.

February 02, 2012
Reduced Payroll Tax Extension - We know identity theft is a frustrating process for victims. We take this issue very seriously and continue to expand on our robust screening process in order to stop fraudulent returns.

January 9, 2012
Earned Income Tax Credit for 2011; Do I qualify? - The Earned Income Tax Credit (EITC) is a financial boost for people working hard to make ends meet.

December 30, 2011
Reduced Payroll Tax Extension - Nearly 160 million workers will benefit from the extension of the reduced payroll tax rate that has been in effect for 2011.

December 30, 2011
IRS Announces 2012 Standard Mileage Rates, Most Rates Are the Same as in July - The Internal Revenue Service today issued the 2012 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

October 10, 2011
IRS Announces New Voluntary Worker Classification Settlement Program; Past Payroll Tax Relief Provided to Employers Who Reclassify Their Workers - The Internal Revenue Service today launched a new program that will enable many employers to resolve past worker classification issues and achieve certainty under the tax law at a low cost by voluntarily reclassifying their workers.

October 10, 2011
Identity Theft and Your Tax Records - The IRS does not initiate communication with taxpayers through e-mail. Before identity theft happens, safeguard your information.

September 07, 2011
What Should You Know About Reporting Employee Tips. - Your employees are responsible for giving you accurate tip reports. Underreporting is not acceptable. But even if you know their numbers are wrong, you cannot change them without jeopardizing your tips credit.

September 7, 2011
How Should You Handle Wages When an Employees Dies - You may think your staff will always be with you, but today individuals are working longer and retirees are going back into the workforce. You may need to know how to handle the final wages of an employee efficiently and correctly.

August 22, 2011
Two-Year Limit No Longer Applies to Many Innocent Spouse Requests. - WASHINGTON — The Internal Revenue Service today announced that it will extend help to more innocent spouses by eliminating the two-year time limit that now applies to certain relief requests.

August 8, 2011
Struggling with Paying Your Taxes? Let IRS Help Get a Fresh Start. - Help from the IRS for individuals and small businesses struggling to meet their tax obligations

July 13, 2011
IRS Increases Mileage Rate to 55.5 Cents per Mile - WASHINGTON — The Internal Revenue Service today announced an increase in the optional standard mileage rates for the final six months of 2011.

July 13, 2011
IRS Launches the IRS2Go App for iPhone, Android; Taxpayers Can Check Refunds, Get Tax Information - WASHINGTON — The Internal Revenue Service today unveiled IRS2Go, its first smartphone application that lets taxpayers check on their status of their tax refund and obtain helpful tax information.

June 7, 2011
Don't Fall Prey to the 2011 Dirty Dozen Tax Scams - WASHINGTON –– Hiding income in offshore accounts, identity theft, return preparer fraud, and filing false or misleading tax forms top the annual list of "dirty dozen" tax scams in 2011, the Internal Revenue Service announced today.

June 7, 2011
Tax Incentives for Higher Education - The tax code provides a variety of tax incentives for families who are saving for, or already paying, higher education costs or are repaying student loans.

May 15, 2011
If You Didn't File or Request an Extension by the Deadline - The IRS does not initiate communication with taxpayers through e-mail. Before identity theft happens, safeguard your information.

May 15, 2011
Identity Theft and Your Tax Records - If you owe taxes and didn't file your tax return or request an extension by the April 18 deadline, you may face interest on any unpaid federal taxes you owe and a failure-to-file penalty.

April 27, 2011
Check IRS payment options - There are several payment options available to taxpayers who have a balance due. Payments can be made by...

April 27, 2011
What Happens After I File? - Now that the federal income tax filing deadline is in your rear-view mirror, what happens after you file? A lot of taxpayers have post tax-filing questions such as what records do I keep and more importantly, "Where's my Refund?"

April 12, 2011
Time is Running Out to Claim $1.1 Billion in 2007 Tax Refunds - Refunds totaling more than $1.1 billion may be waiting for nearly 1.1 million people who did not file a federal income tax return for 2007.

April 4, 2011
The Cost of Employer-Sponsored Health Insurance Coverage Not Required to be Reported on 2011 Form W-2 - Earlier this week, the IRS issued Notice 2010-69 – Interim Relief to Form W-2 Reporting of the Cost of Coverage of Group Health Insurance Under 6051(a)(14). This notice provides that employers will not be required to report the cost of such coverage on their employees' 2011 Forms W-2.