Treasury and White House officials have been discussing the idea of extending the tax deadline.

Taxpayers can fall victim to these scams at any time, but scams tend to peak during tax filing season.

The Internal Revenue Service (IRS) has announced that tax season will open on Monday, January 27, 2020.

The deadline to e-file 1099 forms to the IRS is now January 31. Penalties start at $50 per 1099 on February 1!

The IRS released its final version of the 2020 Form W-4, with some important changes that could impact both employers and workers.

One of the first and most frequent questions I get asked each year is: When will I receive my income tax return and the answer always is - i

Every CPA will likely agree that it's crucial for business owners to make time in early December to collaborate and review the business’ ...

On April 3, 2018, Governor Scott Walker signed 2017 Assembly Bill 259 into law which addresses the recent federal tax reform and enacts a nu

If you're a veteran who received a disability severance payment between 1991 and 2016, you could be owed a hefty tax refund.

Anyone who quotes prices for tax prep before fully interviewing a client is unethical or incompetent.

Instead of scrambling to get your business and individual tax returns prepared by the tax deadline, filing for an extension may be your best

Although the overall effects of the tax reform will be positive, not all taxpayers will experience uniform, or expected tax reductions.

The Internal Revenue Service today advised taxpayers that in many cases they can continue to deduct interest paid on home equity loans.

Congressional Democrats released a detailed tax hike plan that they promised to implement if given majority control of the House and Senate

Tax fraud (tax evasion) is intentionally failing to pay or underpaying your taxes, it’s illegal in Wisconsin, and provides for penalties.

If you don't have supporting business records to support deductions, and you are audited, you have a dilemma, but you're not totally

Finding a CPA who is also your trusted advisor, partner and advocate may be more difficult than finding a four-leaf clover; however, the be

Protect yourself from owing the IRS next year, and subjecting yourself to underpayment penalties, by verifying the accuracy of your withhold

Your bank balance is almost never a reflection of your income. To be tax deductible, a business expense must be ordinary and necessary.

When you or drop off (mail or scan) your tax information to your preparer, do you understand the sensitivity of that information and who wil

If you didn't have a health plan in 2017, you will pay a penalty when you file your taxes, but there are exceptions to this rule.

The IRS is warning taxpayers of a quickly-growing, new twist on an old scam involving erroneous tax refunds being deposited into their bank

Early on the morning of February 9th, the Bipartisan Budget Act of 2018, became law and contains many tax provisions.

Identity theft is a complex and evolving threat, and one that costs U.S. citizens billions of dollars annually.