Leaders from the IRS and state tax agencies along with executives from the private-sector tax industry marked the first year of their ground-breaking Security Summit partnership to combat identity theft tax fraud by recapping 2016 accomplishments and turning toward 2017 efforts. READ MORE NOWDetails
A way of measuring how profitably and efficiently assets are being used to produce sales. This is determined by dividing net sales by average total assets.
The Internal Revenue Service plans to change some of its procedures for reviewing amended tax returns after a government report estimated it may have inappropriately allowed approximately $34.4 million in tax refunds and abatements. READ MORE NOWDetails
Each notice or letter contains a lot of valuable information, so it’s very important that you read it carefully. READ MORE NOWDetails
Employers subject to the new Affordable Care Act (ACA) information reporting requirements are reminded that the deadline to electronically file ACA information returns with the IRS, which reports their compliance with the “pay or play” provisions and the health care coverage they have offered, is quickly approaching.