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(Bloomberg) House Speaker John Boehner said an IRS official should be held in contempt if she continues to refuse to testify on the agency’s scrutiny of Tea Party groups.
Lois Lerner, who retired from the Internal Revenue Service in September amid the inquiry, exercised her Fifth Amendment right against self-incrimination at a...
The Internal Revenue Service said Thursday that only three weeks after the opening of tax season, it has already received about one-third of the individual income tax returns it expects to receive in 2014.
The IRS reported that tax season has gone smoothly so far, despite the two-week delay before kicking off tax season on January 31...

Bloomberg BNA is offering a free 7 day trial subscription to their Daily Tax Report. Even if you're already working with the accounting firm of Neikirk, Mahoney & Smith CPAs, you might find this a handy tool. 
Sign up here ->  FREE 7-day trial subscription to the Daily Tax Report and receive a complimentary copy of our highly-anticipated 2014...
Many people hire an independent tax professional or a reputable accounting firm when it’s time to file their tax return. If you pay someone to prepare your federal income tax return, the IRS urges you to choose that person wisely. Even if you don’t prepare your own return, you’re still legally responsible for what is on it.
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The Internal Revenue Service is warning taxpayers to be sure to notify your accountant or the Social Security Administration before they file their taxes if they have changed their own name or the name of one of their dependents has changed. Otherwise their tax refund could be delayed.
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The Internal Revenue Service began accepting individual tax returns on Friday. 
The IRS postponed the beginning of tax season this year until January 31 due to the two-week federal government shutdown, which delayed the testing and implementation of some of its computer systems. The IRS is also starting off this tax season with a new commissioner, John Koskinen....
Now that we’re into an all-important midterm election year, the Obama administration is turning up the heat on tea party groups and other conservative organizations, the very people who many say caused the Democrats’ “shellacking” in the 2010 midterms.
The Obama administration is using the ultimate...
Tax planning very rarely makes it on people’s new year’s resolution lists. But perhaps 2014 should be the year you vow to achieve a greater level of understanding about your taxes and to properly organize and plan for your liability, according to Fox Business.
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BY JEFF STIMPSON
The Affordable Care Act -- along with its...

Palatial mansions, multimillion-dollar artwork and a blockbuster financial scandal for a reclusive Wall Street billionaire

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