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IRS Creates Jobs And Entertainment
(Forbes) - It was just a nibble when it started. The first 1040, for tax year 1913, had seven brackets, ranging from 1% to 7%. It raised $28 million, a bit less than a dollar per employed citizen. The instructions were a page long.
AICPA Recommends Review of Penalty Abatements and IRS Appeals
(CPA Practice Advisor) - The House Committee on Ways and Means Oversight Subcommittee hearing entitled “IRS Reform: Resolving Taxpayers Disputes” focused primarily on recommendations about how to improve the independence and efficiency of the dispute resolution process...
How Much Do You Know About Medicare?
(JofA) - As more of your clients face health care decisions, how much do you know about this program and how it affects your clients’ financial situations? Take this quiz to find out.
Everything you need to know before you shop for a new 4K television
(Tech Hive) - HDR (High Dynamic Range) is the big buzzword in TVs right now, with vendors adding support for HDR content and pasting the acronym all over their packaging and advertising.
AICPA Wants Changes from IRS on Partnership Audit Rules
(Accounting Today) - The IRS held a hearing Monday in which Sarah Allen-Anthony, a tax senior manager at Crowe Horwath LLP who is also a member of the AICPA’s Partnership Tax Technical Resource Panel, testified on behalf of the AICPA to make the case directly to IRS officials.
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