Tax

AICPA Announces Taxpayer Education Website

Posted on: December 16th, 2010
The new website, which has been developed over the past year, is launching just days after President Obama called for fundamental reform of the income tax system, touching off a new national conversation about the tax code....

IRS Announces 2011 Cost-of-Living Adjustments

Posted on: October 28th, 2010
In Revenue Procedure 2010-40, the IRS provides 2011 figures for many items in the tax code. Of particular note to my readers:...

AICPA issues Press Release Against Tax Strategy Patents

Posted on: September 29th, 2010
WASHINGTON (Sept. 29, 2010) – Tax strategy patents threaten American taxpayers and Congress should ban them before it adjourns for the year, a coalition of 18 national consumer and taxpayer organizations said in a letter to lawmakers....

Some NC IRS Offices to be Open Saturday June 5

Posted on: June 3rd, 2010
From IR-2010-071: The IRS offices listed below will be open June 5 from 9 a.m. to 2 p.m. IRS staff will be available on site or by telephone to help taxpayers work through their problems –– especially recently received tax notices –– and walk out with solutions....

When can I get rid of old tax records?

Posted on: April 20th, 2010
Perhaps it’s a good thing that the April 15th tax deadline and the urge to spring clean coincide. It can feel refreshing to throw out some of the financial records stuffing your filing cabinets. ...

10 Ways to Attract an IRS Audit

Posted on: April 12th, 2010
With accompanying pictures, this article on Forbes.com gives us 10 things NOT to do with regard to our tax returns....
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