Grant Thornton has released a collection of Year-End Tax Guides for 2016. Here are 10 of the most important 2016 tax-planning considerations for individuals.
5 Year-End Tax Preparation Tips That Will Make Your Accountant Happy
Paying taxes is a joyless duty but there are ways to make the process less painful.
DeSoto County bus crash: What we know so far
A chartered tour bus on its way to Tunica lost control in the snowy weather and flipped on its side, killing two instantly.
3 Tips to Avoid Charity Tax Deduction Scams
Perpetrators of illegal scams can face significant penalties and interest and possible criminal prosecution. IRS Criminal Investigation works closely with the Department of Justice to shut down scams and prosecute the criminals behind them.
3 Secrets Accountants Think Business Owners to Know About Payroll Taxes
Payroll taxes can be a source of frustration for many small business owners. It's imperative business owners fully comply with IRS tax mandates to avoid the risk of
Is Hiring a CPA Worth it? 5 Tips for Getting Your Money’s Worth
Often when people find out I’m a tax accountant, I get asked, “How much does a CPA cost?” It’s like me asking “How much does a home cost?” We all understand that a 1,000 square-foot home in Kansas has a different cost than a 1,000 square-foot penthouse condo in New...
How to Plan for Upcoming Estate and Gift Tax Changes
The estate tax is a tax on your right to transfer property at your death. It is assessed at the time of your death and consists of an accounting of everything that you own or have certain interests in as of the date of death.
Tax Preparation Advice: 4 Scams to Avoid This Year
With the start of the New Year, it's time to start thinking about tax preparation. During the filing season tax scammers are on the prowl. Here are the four biggest scams
IRS Taxpayer Advocate Questions Preparation of Tax Preparers
Three big issues: Code, cooperation, competence. By Rick Telberg CPA Trendlines National Taxpayer Advocate Nina Olson, who heads the Taxpayer Advocate Service, is citing three broad areas that Congress should deal with if it hopes to avoid revenue catastrophe … Continued
Top U.S. coal company Peabody Energy files for bankruptcy
Peabody Energy, the world's largest private-sector coal producer, filed for bankruptcy on Wednesday in U.S. court,