Displaying 157 results
Tax Watch: IRS makes it easier to file for an extension
The Internal Revenue Service recently announced that taxpayers who need more time to complete their forms will find…
Tax Watch: H&R Block nailed for calling its loans refunds
A federal court has ruled that H&R Block’s advertising of certain loan products violated the law governing trademarks…
Tax Watch: Committee head calls IRS audit report ‘distorted’
Charles E. Grassley, the Iowa Republican who heads the Senate Finance Committee, wants the “whole story” from the…
Tax Watch: How much tax goes unpaid? Don’t ask the IRS
The government is reportedly losing billions of dollars in unpaid income taxes each year. According to a growing…
Tax Watch: Buyers of failed thrifts lose on tax deductions
Financial institutions that bought assets and liabilities of failed thrifts have lost a suit charging that the government…
Tax Watch: IRS tailors site to small business, self-employed
In its first visible outreach to small-business taxpayers, the Internal Revenue Service has unveiled a website tailored to…
Tax Watch: New IRS warning on the latest tax scams
The Internal Revenue Service has issued a nationwide alert to taxpayers – and practitioners – warning them not…
Tax Watch: House quizzes IRS on ID-matching for returns
Dan Burton, the Indiana Republican who heads the House Government Reform Committee, has written to Internal Revenue Service…
Tax Watch: IRS’ e-filing system suffers from PIN drop
According to the Internal Revenue Service, paperless tax filing is a reality. Now, if they could only get…
Tax Watch: IRS taking showbiz approach to education
The Internal Revenue Service has caused a lot of taxpayers to tear their hair out, so it’s fitting…
Tax Watch: IRS introduces timesaver for routine problems
A new Internal Revenue Service initiative will allow taxpayers to check a box on their individual tax return…
Tax Watch: Futures on single stocks get the go-ahead
Futures contracts on single stocks have become legal under one of the provisions of the omnibus appropriations bill…
Tax Watch: Tax-exempt bonds are getting a closer look
The Internal Revenue Service’s exempt-bond unit is working to bolster its audit and outreach activities, according to Mark…
Tax Watch: New IRS program seeks to head off disputes
The Internal Revenue Service has announced an Industry Issue Resolution Pilot Program. Its objective, according to IRS Notice…
TAX WATCH: Buying into funds? Check those distributions
Tax law requires capital gains distributions when a fund sells a stock at a gain. If the fund…
TAX WATCH: Three choices for treating commissions
Effective Oct. 2, Revenue Procedure 2000-38 provides guidance on three accounting methods that mutual fund distributors may use…
TAX WATCH: Annuity owners can offset now, pay later
The Internal Revenue Service recently ruled that the owners of single-premium annuity contracts could offset their annuity income…
