The Progressive Accountant - Tax


Consumer Lending to Fund Refund Loans? E-mail
Written by Bob Scott   
Tuesday, 10 January 2012 18:09
john hewittFor anyone who applauds the end of Refund Anticipation Loans, which appear likely to die after tax season, there's a new phenomena developing. At least two organizations have begun using consumer lending to fund tax loan products. TaxWorks and Liberty Tax have begun utilize lenders that are subject to state regulation, not federal banking rules, in order to meet the demand for bank products.
Read more...
 
IRS Expands Innocent Spouse Relief E-mail
Written by The Progressive Accountant   
Monday, 09 January 2012 13:56

Tirslogohe Internal Revenue Service has released new proposed guidelines that would more people eligible to request relief from income tax liability as innocent spouses. The new revenue procedure would revise threshold requirements and factors used by the IRS to evaluate such requests.

 

Read more...
 
Intuit Readies Mobile App for Tax Online E-mail
Written by The Progressive Accountant   
Friday, 06 January 2012 18:02

Intuit LogoIntuit is getting ready to release a mobile application that will enable iPhone users to utilize information from its Tax Online (formerly known as Proline Tax Online). The company's website says more information will be available mid-month.

Read more...
 
IRS Names New Council Members E-mail
Written by The Progressive Accountant   
Wednesday, 28 December 2011 20:21

John Ams, National Society of AccountantsThe Internal Revenue Service has appointed seven new members to the Internal Revenue Service Advisory Council. The group, which has 17 returning members next year, provides a forum for IRS officials and representatives of the public to discuss key tax administration issues.

Read more...
 
Preparers Must File Due Diligence Checklist E-mail
Written by The Progressive Accountant   
Wednesday, 21 December 2011 14:07

irslogoThe Internal Revenue Service has issued final regulations that require paid tax return preparers to file a due diligence checklist next year. Starting January 1, they must file Form 8867, with any federal return claiming the Earned Income Tax Credit, which is currently required to be completed and retained in a preparer's records, subject to IRS review.

Read more...
 
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 2 of 35