Should I choose Tax Preparer or Accounting Software? Are you ever wondering if you would be better off paying an accounting professional (CPA, attorney, enrolled agent or tax preparer) or using tax/accounting software to prepare your tax return? Is one better than the other? Unfortunately, there is no single answer for every taxpayer, and you…

The Affordable Care Act contains comprehensive health insurance reforms. This law includes tax provisions that affect individuals and families, as well as businesses, insurers, tax-exempt organizations, and government entities. For individuals, the law requires you and everyone on your return to report health care coverage or claim an exemption or make a payment with your…

Sen. Lamar Alexander, R-Tenn., and Rep. Stephen Fincher, R-Tenn., on September 3 announced their intention to introduce legislation following Congress’s return to session on September 9 requiring the federal government to notify taxpayers whenever the IRS has accessed their tax returns or other information. “The IRS violated the First Amendment rights of the American people…

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