Fighting Identity Theft, IRS Issues Final Rules on Truncated Identification Numbers
Final regulations allow the use of truncated taxpayer identification numbers on payee statements and certain other documents where not prohibited by the Code, applicable regulations, or other guidance published in the Internal Revenue Bulletin, forms, or instructions.
Published on July 14, 2014
To Fight Identity Theft, IRS Proposes Rules for Truncating Identifying Numbers
Proposed regulations permit filers of information returns to use truncated taxpayer identification numbers (TTINs) when issuing certain payee statements.
Published on January 03, 2013
IRS Controversy Could Cause Tax-Exempt Processing Slowdown
Prepare for a slowdown in work handled by the IRS Exempt Organizations Division in the wake of the recent controversy involving the processing of certain applications for tax exemption, says the division’s former head.
Published on June 20, 2013
Congress Passes Fiscal Cliff Act
Congress preserved most of the George W. Bush-era tax cuts and extended many other lapsed tax provisions.
Published on January 01, 2013
Annual Inflation Adjustments Released by IRS, Many Remain Unchanged
The IRS released its annual revenue procedure making inflation adjustments for various credits and other tax items for 2011.
Published on October 28, 2010
AICPA Offers Congress 13 Suggested Cleanups for the Tax Code
The AICPA’s second annual compendium of legislative proposals, distributed to key congressional tax committee leaders, seeks to correct technical problems related to a wide range of issues such as tax credits, due dates and penalties.
Published on January 20, 2011
2015 Inflation-Adjusted Items and Tax Tables Issued
The IRS issued the annual inflation adjustments for 2015 for more than 40 tax provisions as well as the 2015 tax rate tables for individuals and estates and trusts.
Published on October 30, 2014
IRS Announces Inflation Adjustments for 2013
The IRS released its annual revenue procedure making inflation adjustments to the gift tax annual exclusion and other items for tax years beginning in 2013.
Published on October 18, 2012
IRS Releases 2011 Tax Tables and Other Inflation Adjustments
The IRS released the 2011 tax rate tables and other inflation adjustments, which it had been holding while waiting for Congress to resolve various tax issues.
Published on December 23, 2010
Careers and Tax Education
This page contains information and resources for students, professionals and accounting faculty related to careers in taxation.
Published on September 09, 2014