2017 Tax Season Begins January 23rd

The Internal Revenue Service had already dropped a bombshell in recent news when they announced that some taxpayers will face a delay in receiving their tax refund with the deadline to file taxes being on April 18th. Recently, the IRS just announced that the next tax...

IRS To Lower Standard Mileage Rates

The IRS has issued an option of using standard mileage rates to calculate costs associated with operating vehicles for business, charitable, medical, or moving purposes in order to calculate deductible costs, according to Jeff Stimpson from AccountingToday.com....

IRS Restructuring Its Future Workforce

A new year brings new changes, especially in the IRS’ case. This stems from the fact that society is changing fast, and the agency’s Human Resource department is already reinventing how it plans to keep up with these changes. This new plan will stretch to 5 years and...