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  • When Brian L. Thompson, CPA, a partner with Bailey & Thompson Tax & Accounting, P.A., in Arkansas, was forced by the Internal Revenue Service (IRS) to conduct a tax return audit for a client with an IRS representative on April 15, 2015,...

  • Over the past few months, lawmakers have continued to press for the Small Business Health Care Relief Act (HR 5447) to move forward. The bipartisan initiative is meant to help restore the traditional use of Health Reimbursement Arrangements (HRAs)...

  • The IRS normally sends correspondence in the mail. We mail millions of letters to taxpayers every year. Keep these important points in mind if you get a letter or notice: Don’t Ignore It. You can respond to most IRS notices quickly and...

  • The IRS Security Summit, consisting of the IRS, state tax agencies and the private-sector tax industry, has released a warning to tax preparers that they increasingly are targets of cybercriminals and should take appropriate steps to protect clients...

  • You may discover you made a mistake on your tax return. You can file an amended return if you need to fix an error. You can also amend your tax return to claim a tax credit or deduction. Here are 10 tips from the IRS on amending your return: ...