News
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March 13, 2019
Refunds of $1.4B Waiting to be Caimed by Individuals Who Have Not Filed 2015 Tax Returns
If tax returns aren't filed within three years, the money becomes the property of the U.S. Treasury.
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March 6, 2019
Seniors who turned 70 and a half last year must start receiving retirement plan payments by April 1
Though the April 1 deadline is mandatory for all owners of traditional IRAs and most participants in workplace retirement plans, some people with workplace plans can wait longer to receive their RMD.
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March 5, 2019
Proposed regulations on deduction for foreign-derived and global intangible income
Proposed regulations provide guidance on both the computation of the deductions available under section 250 and determination of FDII.
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February 26, 2019
Fed Chairman Jerome Powell to Testify Further on Rates, Regulation
Senators appeared content with policy during Tuesday testimony; chairman says ‘predominant risks to our economy are slowing global growth.’
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February 26, 2019
Interest rates remain the same for the second quarter of 2019
There will be no change in interest rates from the first quarter.
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February 18, 2019
IRS provides various payment options for taxpayers who owe but can’t pay in full
Taxpayers can consider other options for payment, including getting a loan to pay the amount due.
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February 7, 2019
IRS: Don’t be victim to a ‘ghost’ tax return preparer
The IRS urges taxpayers to review their tax return carefully before signing and ask questions if something is not clear.
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January 29, 2019
Jan. 31 Filing Deadline For Wage Statements, Independent Contractor Forms
This deadline makes it easier for the IRS to verify income that individuals report on their tax returns and helps prevent fraud.