IRS has warned U.S. taxpayers hiding income in undisclosed offshore accounts that they are running out of time to take advantage of the soon-to-expire 2011 Offshore Voluntary Disclosure Initiative (OVDI), which will expire on Aug. 31, 2011. ...

The IRS is advising employers to be aware of a bogus e-mail scam...

How long should I retain personal income tax records? This is a question that I hear again and again....

In a Notice, IRS has extended the deadline for persons who have signature authority over, but no financial interest in...

The IRS stated during the May 12 payroll industry conference call that it has no current plans to increase the standard mileage rate of 51 cents per mile for business miles driven...

The 2010 individual tax return due date of April 18, 2011 has now come and gone and many taxpayers are still on the sidelines....