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The IRS has issued much-anticipated final “repair” regulations that provide guidance on the treatment of costs to acquire, produce or improve tangible property. These regulations take [...]

Last month a new law was signed repealing a $120 million retroactive income tax increase on taxpayers that had excluded 50% of the gain from the sale of qualified small business stock.  The [...]

We’ve never seen anything like it. In 2013 alone, hackers and fraudsters have made more attempts to compromise our clients’ data security than they did in the previous ten years [...]

One of the newest phishing schemes involving the IRS has been a criminal obtaining a taxpayer’s social security number and filing a fraudulent tax return resulting in a large tax refund. They [...]