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Internal Revenue Service

AICPA Asks IRS to Revise Accounting Method Change Procedures

The American Institute of CPAs recently sent a letter to the Internal Revenue Service with three recommendations on the accounting method change. See what they are. more

Aug 24, 2017 5:00 PM From The Editor

Outages for the Internal Revenue Service's e-Services will occur this month as it enters the final stages of a technology upgrade. more

Aug 9, 2017 3:00 PM People and Business

Part 4 of our '2016 Most Powerful Women in Accounting' series features Joe Woodard and Dawn Brolin, managing member of Powerful Accounting, on the importance of adding niche services to your firm. more

Jan 9, 2017 6:30 PM Training Center/Scaling New Heights

Rick Roddis, president of ComplyRight Distribution Services, goes inside why today's employers are switching from time-consuming, traditional paper filing to e-filing. more

Jan 3, 2017 9:00 PM People and Business

Tax-related filings for the end of the year are due even sooner than before. Are you ready for the new deadlines? more

Dec 27, 2016 12:05 AM Tax and Practice Management

As part of our miniseries on 'Accounting for Assets,' we begin our summary of MACRS Depreciation for Income Tax purposes. more

Oct 11, 2016 12:05 AM Tax and Practice Management

As part of our miniseries on 'Accounting for Assets,' this week’s 'Accounting Tips Tuesday' examines IRS Section 179 Expense Deductions. more

Oct 4, 2016 12:05 AM General Ledger

This week, our mini-series on assets examines two additional textbook methods for book-value depreciation. more

Sep 27, 2016 12:05 AM General Ledger

In the third part of our 'Accounting for Assets' miniseries, we examine the differences between 'book' and 'tax' depreciation, as well as some of the classic textbook methods of book-value depreciation. more

Sep 20, 2016 12:05 AM General Ledger

Today’s article discusses the instances in which a partnership or limited liability company treats its partners or members as employees even though tax law prohibits this practice. more

Jun 20, 2016 8:36 PM People and Business 1 Comments

The importance and benefits of establishing an LLC can be completely overshadowed by the negligence of not making the correct entity taxation election. This article is focused on assisting you in making the correct election. more

May 9, 2016 8:47 PM People and Business

The Internal Revenue Service has issued regulations or notices of regulations regarding ObamaCare for the second day in a row. more

Dec 17, 2015 6:11 PM Tax and Practice Management 1 Comments

On December 16, 2015 Internal Revenue Service officials provided additional answers related to the Patient Protection and Affordable Care Act, better known as ‘Obamacare’. more

Dec 16, 2015 9:28 PM Tax and Practice Management 2 Comments

Forewarned is forearmed. Be on the watch for this year's tax fraud schemes. Rob Shaff, IA's resident tax author reveals two of the newest cons that scam artists will attempt to rip you off while making you think it's the IRS doing it. more

Mar 15, 2015 7:57 PM Tax and Practice Management

Under the Affordable Care Act, Employee Payment Plans are forbidden. Beginning January 1, 2014, an employer is subject to a $100 per day/per employee penalty for continuing to use an EPP. more

Feb 22, 2015 5:18 PM Tax and Practice Management

IRS penalty patches issued today could temporarily relieve some employers from PPACA fines if they have been using employer payment plans to pay for employee health benefits. more

Feb 18, 2015 9:03 PM Tax and Practice Management 1 Comments

You are probably asking what the heck is the PPACA, that's the formal full name of ObamaCare, also known as the Patient Protection and Affordable Care Act. more

Feb 12, 2015 9:39 PM Tax and Practice Management

IRS Provides Assistance in Tax Refund Fraud Cases.... more

Jul 27, 2014 10:15 PM Tax and Practice Management 1 Comments

MIND OF MURPH - Are You a Procrastitaxnator? - I Am!

Are you one of the 11-million who will be observing October 15 as Procrastitaxnator's Day? - Your last day to file your taxes (on-time). more

Oct 14, 2013 8:05 PM From The Editor

IRS Targeting Many Small Businesses Receiving 1099-K Forms

Almost 20,000 small business owners have received letters from the IRS questioning if they are reporting all of their cash income.... more

Aug 12, 2013 10:06 PM From The Editor 1 Comments

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