Security Summit partners helped reduce confirmed cases of tax-related identity theft by 32 percent and taxpayer-reported incidents by 40 percent in 2017, while the financial industry helped the IRS recover 144,000 refunds. These successes have forced scammers to evolve their… Read More...

Every year, CPA Practice Advisor surveys their readers to learn what software and hardware tax professionals prefer when preparing returns. This year’s results are compiled in the recently published 2018 Readers’ Choice Awards, and GruntWorx once again scored high marks… Read More...

Last week we discussed the recent crash in the cryptocurrency market, and this week we’re looking at how IRS addresses virtual currencies like Bitcoin. What does IRS have to say about Bitcoin? What is the official IRS stance regarding all… Read More...

There’s much being said about Bitcoin’s dip in value last month. The chatter might make you ask if cryptocurrency really is just a fad that will fizzle like the Dot-com bubble or if there is long-term value in its emergent… Read More...