The 6 Biggest Tax Law Changes of 2016 As you enter 2016, tax law changes are going to become an increasingly big issue when filing your Federal tax return. Federal taxes and laws change every year, but it pays to pay attention to those changes to maximize refunds and minimize payments. Here are six of… Read More

The IRS posted instructions on its website for taxpayers or their CPA or other authorized representative to obtain copies of returns filed by thieves using the taxpayers’ stolen identification. The new procedures represent a change of policy for the Service, which previously had refused to release fraudulent returns due to privacy concerns. Acknowledging that taxpayers… Read More

Think you only need a passport to board an international flight? In 2016, some fliers better have one to fly domestic, which means they had better be paying their taxes. The Real ID Act created a national standard for state-issued IDs. It hits air travel in 2016. Some states initially refused to comply, fearing that… Read More

It’s official: if you make a quarter of a million bucks a year and decide not to pay for health insurance, you’re going to have to fork over $2,448 to the feds. The Internal Revenue Service finally released its maximum fines for those who choose to go without health insurance. Under terms of the Patient… Read More