The Internal Revenue Service today issued a filing season alert warning taxpayers to watch out for identity theft at tax time, one of the year’s “Dirty Dozen” tax scams. The IRS continues to aggressively pursue the criminals that file fraudulent…
Aggressive and threatening phone calls by criminals impersonating IRS agents remain near the top of the annual “Dirty Dozen” list of tax scams for the 2015 filing season. The IRS reports a surge of these phone scams in recent months…
The North Carolina Department of Revenue (NCDOR) explains what the Federal Tax Increase Prevention Act of 2014 means for North Carolina’s corporate and individual taxes. Read more HERE.
While tax returns are becoming more complicated this year, don’t expect a lot of help from the IRS. The agency says only half of the 100 million people expected to call this year will be able to get through and…
The Financial Accounting Standards Board (FASB) has issued a new Generally Accepted Accounting Principles (GAAP) alternative that is designed to make accounting for certain intangible assets acquired in a business combination less costly and less complicated for private companies. Accounting…
The Securities and Exchange Commission wants companies to tighten accounting procedures and controls when it comes to statement of cash flows, amid a steady rise in restatements associated with that particular financial document. Tammy Whitehouse explains in this article from…
Following the passage of the extenders legislation, the Internal Revenue Service announced today it anticipates opening the 2015 filing season as scheduled in January. The IRS will begin accepting tax returns electronically on Jan. 20. Paper tax returns will begin…