Life & Taxes Blog

Tips to Make Life Less Taxing

  • In recognition of National Small Business Week -- April 30 to May 6 -- the National Society of Accountants (NSA) is highlighting IRS products to help small business owners and self-employed individuals understand and meet their tax obligations. Some of these tools focus on an emerging area of business ...

  • The Internal Revenue Service spotted $961 million in fraudulent refund claims on tax returns through early March, according to the Treasury Inspector General for Tax Administration in a report released April 7. The report provides interim results of the 2017 tax filing season and is available here ...

  • Taxpayers usually will have taxes withheld from their pay if they are an employee. However, if a person doesnt have taxes withheld, or they dont have enough tax withheld, they may need to make estimated tax payments. Taxpayers that are self-employed normally have to pay their taxes this way. Here ...

  • Tips on Hiring a Qualified Tax Preparer Its the annual ritual that no one likes: Doing your taxes. So why do it? The National Society of Accountants (NSA) has people for that! NSA is the primary organization representing Main Street accounting and tax professionals who prepare millions ...

  • The Internal Revenue Service today granted many businesses affected by this weeks severe winter storm additional time to request a six-month extension to file their 2016 federal income tax returns. The IRS is providing this relief to victims and tax professionals affected by this weeks storm (known ...

  • Hiring someone to prepare your tax return? Make sure they have the credentials and experience to handle it professionally and stand behind their work. Unlike other industries, there is no national licensing requirement to become a paid tax preparer. Anyone can claim to be a tax preparer and charge ...

  • Taxpayers with children may qualify for certain tax benefits. Parents should consider child-related tax benefits when filing their federal tax return: Dependent. Most of the time, taxpayers can claim their child as a dependent. Use the Interactive Tax Assistant to help determine who can be ...

  • The Internal Revenue Service, state tax agencies and the tax industry issued an urgent alert today to all employers that the Form W-2 email phishing scam has evolved beyond the corporate world and is spreading to other sectors, including school districts, tribal organizations and nonprofits. In a ...

  • The Earned Income Tax Credit has helped workers with low and moderate incomes get a tax break for 40 plus years. Yet, one out of every five eligible workers fails to claim it. Here are some things taxpayers should know about the EITC: Review Your Eligibility. Taxpayers who worked and earned ...

  • The National Society of Accountants (NSA) is offering an intensive NSA Enrolled Agent (EA) Exam Review Course & Accredited Tax Preparer (ATP) Review Course/Exam August 20-22, 2017, at the Nugget Casino Resort in Reno, NV, immediately before the NSA Annual Convention and Expo at that same location. ...


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