Monthly Archives: February 2017

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Dirty Dozen top tax scams led by phishing schemes

The IRS issued its roundup of the 12 biggest tax scams that taxpayers should watch out for this filing season.
Source: Tax News
Read More here – Dirty Dozen top tax scams led by phishing schemes


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Failure to report health coverage will not cause tax return rejection

The IRS issued guidance on how it will treat individual income tax returns that do not indicate whether the taxpayers had health insurance coverage.
Source: Tax News
Read More here – Failure to report health coverage will not cause tax return rejection


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Supreme Court decision creates liability risk for CPA profession regulators

Following a 2015 Supreme Court decision, CPAs serving on state boards of accountancy may be held personally liable for potential antitrust actions taken on behalf of the boards.
Source: JOA News
Supreme Court decision creates liability risk for CPA profession regulators


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IRS confirms 6-month extensions for calendar-year C corps.

The IRS posted to its website confirmation that it is allowing calendar-year C corporations a six-month filing extension, despite statutory language that specifies a five-month extension for calendar-year C corporations.
Source: Tax News
IRS confirms 6-month extensions for calendar-year C corps.


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Golden-years divorces show couples’ need for financial literacy

Three in four older divorced people need a better understanding of how to manage their personal finances, a new AICPA survey shows.
Source: JOA News
Golden-years divorces show couples’ need for financial literacy


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IRS alerts practitioners of e-Services account suspensions

The IRS notified tax practitioners who did not re-register their e-Services accounts that their accounts are no longer active.
Source: Tax News
IRS alerts practitioners of e-Services account suspensions


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IRS alerts practitioners of e-Services account suspensions

The IRS announced that as of Sunday it has suspended the e-Services accounts of users who failed to verify their identities in accordance with letters sent out in December.
Source: JOA News
IRS alerts practitioners of e-Services account suspensions


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Tax practitioners’ information will soon be available at IRS website

The IRS announced that it will soon post online the registration information of practitioners who have preparer tax identification numbers, and the information will be available without charge to the public.
Source: Tax News
Tax practitioners’ information will soon be available at IRS website


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Tax practitioners’ information will soon be available at IRS website

The IRS announced that it will soon post online the registration information of practitioners who have preparer tax identification numbers, and the information will be available without charge to the public.
Source: JOA News
Tax practitioners’ information will soon be available at IRS website


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