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Latest Internal Revenue Service Stories

2014-04-01 23:04:57

The tax season is underway, and the deadline for filing tax returns is fast approaching. Remote Accountant LLC is an online tax accounting firm that keeps abreast of important local and federal tax changes to minimize tax liability for taxpayers that may be lagging behind filing their taxes. New York, NY (PRWEB) April 01, 2014 The national accounting, bookkeeping, and tax firm Remote Accountant LLC prides itself on protecting its client's money and financial investments. Their mission...

2014-03-31 23:22:34

Safe Harbor LLP is a top San Francisco CPA firm. While the firm works hard with existing clients to avoid last minute individual tax filings, the firm announces tax tips for selecting a last minute tax service in San Francisco. San Francisco, CA (PRWEB) March 31, 2014 Safe Harbor LLP (http://www.safeharborcpa.com/), a top San Francisco tax service, has published an informative post on tips for selecting a last minute tax service in San Francisco. The accounting firm specializes in...

2014-03-27 23:32:58

Sigma Tax Pro recently learned that the IRS just announced it has $760 million for taxpayers who did not file a tax return in 2010, but returns must be filed by April 15, 2014. Delray Beach, FL (PRWEB) March 27, 2014 A recent announcement by the IRS should be of interest to tax professionals across the United States. IRS commissioner John Koskinen advises any taxpayer who has not filed their return for 2010 to do so before April 15th of this year. He notes that it is often students and...

2014-03-27 08:22:26

- Revenues: $1.30 billion for fourth quarter; $5.77 billion for fiscal year MCLEAN, Va., March 27, 2014 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE: LDOS), a national security, health and engineering solutions company, today reported financial results for the fourth quarter and fiscal year 2014, which ended January 31, 2014. "In our fourth quarter, we continued to encounter headwinds from sequestration, unclear funding on awarded programs, delayed award decisions, high levels of protest...

2014-03-26 16:25:38

MINNETONKA, Minn., March 26, 2014 /PRNewswire/ -- In time for the implementation of new Affordable Care Act (ACA) tax reporting requirements, Convey Compliance Systems Inc. has announced an update to Taxport Compass((TM)) to make understanding and complying with these obligations easier. Launched in late 2013, Taxport Compass is a compliance reference tool that provides a single comprehensive resource to help organizations easily understand their "non-wage" reporting and withholding...

2014-03-25 16:27:26

WASHINGTON, March 25, 2014 /PRNewswire/ -- (NU) - Across the nation, identity thieves are using legitimate information to scam honest taxpayers, and frequently posing as the IRS to do so. So, what can you do? (Photo: http://photos.prnewswire.com/prnh/20140325/PH90266) The IRS is taking this seriously, and has created the IRS Identity Theft Protection Unit to address the growing problem. However, being aware of some of the most common scams can help protect you from having your...

2014-03-25 16:23:36

OECD's head of Transfer Pricing, Joseph Andrus will join top officials and practitioners to address key developments at the Bloomberg BNA-Baker & McKenzie North American Transfer Pricing Conference, June 4 and 5, 2014 ARLINGTON, Va., March 25, 2014 /PRNewswire-USNewswire/ -- Bloomberg BNA and Baker & McKenzie's North American Transfer Pricing Conference, following closely after the Organization for Economic Co-operation and Development (OECD) meeting in Washington, DC, will bring together...

2014-03-25 08:32:07

MELVILLE, N.Y., March 25, 2014 /PRNewswire/ -- P&F Industries, Inc. (NASDAQ: PFIN) today announced its results of operations for the year ended December 31, 2013. P&F Industries, Inc. is reporting full year 2013 revenue of $76,066,000, compared to $59,871,000 for the full year 2012. Additionally, the Company is reporting full year 2013 income before income taxes of $4,604,000, compared to $3,296,000, for the same period in 2012. The Company's revenue for the three-month...

Phone Scheme Has Netted IRS Impersonators At Least A Million Dollars
2014-03-21 13:56:36

Lee Rannals for redOrbit.com - Your Universe Online Scammers impersonating the Internal Revenue Service (IRS) have stolen more than $1 million through a phone scheme, accordion to the Treasury Inspector General for Taxpayer Administration (TIGTA). TIGTA warned on Thursday to beware of phone calls from individuals claiming to represent the IRS. “This is the largest scam of its kind that we have ever seen,” J. Russell George, the Treasury Inspector General for Tax Administration,...

2014-03-20 04:22:47

LOS ANGELES, March 20, 2014 /PRNewswire-iReach/ -- The Wolfe Law Group is pleased to announce the launch of their new website: IRSOffshoreTaxEvasion.com. The new website is designed to help the estimated 10 million US taxpayers with undisclosed, offshore accounts which will be subject to IRS reporting by the implementation of FATCA (Foreign Account Tax Compliance Act). Beginning July 1, 2014 up to 400,000 Foreign Financial Institutions will have to disclose their US account holders or suffer...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'