In a posting by Terri Eyden on the 19th, AccountingWeb offered this to say about this latest notice to come out of the IRS offices: The IRS promised to provide more guidance regarding the tax treatment of same-sex couples in the wake of the Supreme Court’s recent ruling invalidating Section 3 of the Defense of Marriage Act (DOMA). Slowly but … Read More
IRS announces tax rules for 2014
It’s always good to get a head start on knowing what to expect next tax year, so we thought it wise to share this with you! The Internal Revenue Service recently announced inflation adjustments in many tax provisions for the 2014 tax year. These changes, required by law, will affect returns for 2014, to be filed in 2015. Many taxpayers … Read More
IRS warns of Phone Scams-Call Dominion Payroll for guidance
The IRS is warning the public about a phone scam that targets people across the nation, including recent immigrants. Callers claiming to be from the IRS tell intended victims they owe taxes and must pay using a prepaid debit card or wire transfer. The scammers threaten those who refuse to pay with arrest, deportation or loss of a business or … Read More