2012 Low Income Taxpayer Clinics Announced
The IRS recently announced the recipients of more than $9 million in matching grants for 2012 Low Income Taxpayer Clinics (LITC). More information about the LITC program, which is administered by the Taxpayer Advocate Service (TAS), can be found on the TAS Tax Toolkit....
National Taxpayer Advocate?s Blog Post Discusses Need for Taxpayer Bill of Rights
National Taxpayer Advocate (NTA) Nina Olson stresses the need to enact a Taxpayer Bill of Rights in a new blog post on the National Taxpayer Advocate’s Blog. ...
New Information for Tax Professionals on Tax Toolkit
Updated information for tax professionals regarding renewing or applying for a Preparer Tax Identification Number (PTIN) and continuing professional education requirements is now available on the Taxpayer Advocate Service (TAS) Tax Toolkit. ...
TAS Now Offers Virtual Help to Taxpayers via IRS Pilot Program
Through the new IRS Virtual Service Delivery (VSD) pilot program, TAS can now offer face-to-face assistance through two-way video conferencing to qualifying taxpayers in the Tampa, FL area. The IRS is conducting a limited roll-out of this program at 10 IRS offices and two other sites, and may expand to further sites in the future. Visit the Virtual Tax Help page on the Taxpayer Advocate Servi...
National Taxpayer Advocate Blog Post Explores IRS Correspondence Audits
National Taxpayer Advocate Nina Olson explores the impact of correspondence examinations (or audits) on taxpayer rights in a new blog post on the National Taxpayer Advocate’s Blog....
Updated Tax Credit Information on Tax Toolkit
Updated information about several different tax credits has been added to the Education Tax Benefits, American Recovery and Reinvestment Act and Health Care Tax Credit pages of the Taxpayer Advocate Service (TAS) Tax Toolkit. Updates reflect information important to the 2011 tax filing season. ...
National Taxpayer Advocate Blog Post Explores IRS Audits
National Taxpayer Advocate (NTA) Nina Olson explores the difference between “real” and “unreal” IRS audits in a new blog post. Don’t forget to subscribe for RSS updates from the NTA’s blog!...
Information About Tax Day 2012 and Important Filing Information Added to Tax Toolkit
Information about Tax Day 2012 has been added to the home page of the Taxpayer Advocate Service (TAS) Tax Toolkit. In addition, links to useful tax filing resources have been added to the Individuals, Get Tax Help, Businesses and Tax Professionals pages....
National Taxpayer Advocate Nina E. Olson releases 2011 Annual Report to Congress and Launches Blog
National Taxpayer Advocate (NTA) Nina E. Olson released her annual report to Congress on Jan. 11, 2012, identifying the combination of the IRS’s expanding workload and declining resources as the most serious problem facing taxpayers. The result, the report says, is inadequate taxpayer service, erosion of taxpayer rights, and reduced tax compliance, especially in light of the increased d...
New Information about EITC, Adoption Credit and PTIN Renewals Added to Tax Toolkit
Updated information about the Earned Income Tax Credit (EITC) for Tax Year 2011 has been added to the Earned Income Tax Credit and Family Credit page of the Taxpayer Advocate Service (TAS) Tax Toolkit. Updated information is also available about the Adoption Credit for Tax Year 2011 on the Adoption Credit page. In addition, new information about Preparer Tax Identification Number (PTIN) renew...
Cirque Du Soleil bringing show to Cedar Park
Posted: Wed Feb 22 12:30:47 PST 2012The traveling artists from Cirque Du Soleil are coming to Cedar Park to present Quidam, the story of a young girl who relies on her imagination to escape a mundane existence. Much is required to put on such a large performance, from hiring doctors and massage therapists to finding a hotel to bunk its cast, and area businesses are the main benefactors. Officials with Cirque Du Soleil have alre...
Kodak to cut 68 Kettering workers by April 19
Posted: Wed Feb 22 12:30:36 PST 2012Eastman Kodak Co. will layoff 68 workers at its Kettering facility by April 19, according to a filing with the state of Ohio. The cuts come on the heels of a bankruptcy filing by the long-time Rochester, N.Y.-based photographic and imaging company. Kodak has 570 employees at its Kettering facility on Research Boulevard, which makes inkjet printers. In addition to this large-scale cut, the co...
Zale says holiday sales push Q2 rise in profit
Posted: Wed Feb 22 12:29:58 PST 2012Zale Corp., the Irving-base jewelry retailer, reported a better-than-expected second-quarter profit, citing strong sales during the holidays. The company said net profit increased to $28.8 million, or 77 cents per share, compared to $27.2 million, or 73 cents per share a year earlier. Revenues for the quarter ending Jan. 31 were $664 million, an increase of $37 million over the same quarter l...
Japan's Itochu Corp. sets up shop in Birmingham
Posted: Wed Feb 22 12:29:56 PST 2012A subsidiary of Itochu Corp., which is partnering with Birmingham's Drummond Co. on a joint venture, has established an office in Birmingham. Itochu Coal Americas Inc., a subsidiary of Japan's Itochu Corp., has opened an office on Urban Center Drive. ICA will be led by President and CEO Kazuo Inagaki, Executive Vice President Business Development and Marketing Kotaro Suzuki and Chief Financia...
Portland's Hopworks lands Travel Channel segment
Posted: Wed Feb 22 12:29:24 PST 2012The Travel Channel is back in Portland, this time to feature the city's love of beer, bikes and sustainability. The show's producers certainly knew where to look to find all three: Hopworks BikeBar on North Williams Avenue. "Because of our unique position as a place that embodies bike culture, sustainability and craft beer, we're used to travel media coming through," said Bruce Kehe, Hopworks...
Stillwater gives Lumberjack Days the ax
Posted: Wed Feb 22 12:28:20 PST 2012Stillwater has given its Lumberjack Days festival the ax. The City Council voted unanimously Tuesday to terminate its contract with the Lumberjack Days Festival Association, which has been accused of issuing $35,000 of worthless checks and not paying vendors and workers. City officials said in December they wanted to wait to make a decision after the Washington County sheriff's office had com...
WFU nanotech researchers convert body heat to power cell phones
Posted: Wed Feb 22 12:27:47 PST 2012Cell phones haven?t quite gotten down to nano-size yet, but a nanotechnology breakthrough by researchers at Wake Forest University could keep such power-hungry devices powered up just through a simple touch. The university reported Wednesday that its Center for Nanotechnolgoy and Molecular Materials has come up with something it calls "Power Felt" that can convert body heat into enough electri...
Koster will appeal MOSIRA ruling to state high court
Posted: Wed Feb 22 12:25:12 PST 2012Missouri Attorney General Chris Koster plans to appeal to the state Supreme Court a Cole County judge?s ruling that invalidated a new incentive program for technology companies. ?The Missouri Science and Innovation Reinvestment Act is an important economic development tool that can bring high-tech jobs to Missouri and preserve jobs that are already here,? Koster said in a statement his office ...
S&P boosts Roundy's rating
Posted: Wed Feb 22 12:23:45 PST 2012Standard & Poor?s has upgraded Roundy?s Inc.?s credit rating to a ?B+? following the company?s initial public offering and the refinancing of its debt. The rating, although still below investment grade, is up from a ?B.? S&P continues to list the company?s financial risk profile as ?highly leveraged? but lists its business risk as ?fair? and its outlook as ?stable,? according to an S&P report ...
Arizona approves tax break that will benefit Apollo Group
Posted: Wed Feb 22 12:22:00 PST 2012Arizona has approved a new tax break that helps University of Phoenix and its Apollo Group parent company. Gov. Jan Brewer signed Arizona Senate Bill 1046 into law Tuesday. The measure allows Arizona businesses with operations in other states to choose between state income tax formulas to determine their tax bills. Brewer vetoed a similar bill last year but approved this year?s legislation. L...
2 Stocks That Just Raised the Bar
Posted: Wed Feb 22 12:42:52 PST 2012A bullish market signal and positive CAPS sentiment might make a winning combination. ...
Wall Street's Best Hidden Stocks
Posted: Wed Feb 22 12:36:57 PST 2012These two stocks could help you swing for the fences. ...
Quit Worrying, Sovereign Defaults Happen All the Time
Posted: Wed Feb 22 12:36:22 PST 2012While it'd be easy to conclude that the ongoing crisis in Europe is both rare and momentous, don't be fooled. Things like this happen all the time. ...
4 Energy Stocks to Benefit from Rising Oil Prices
Posted: Wed Feb 22 12:40:05 PST 20124 Energy Stocks to Benefit from Rising Oil Prices ...
Forest Oil Shares Dropped: What You Need to Know
Posted: Wed Feb 22 12:25:22 PST 2012Is this meaningful or just another movement? ...
Materion Earnings Preview
Posted: Wed Feb 22 12:24:57 PST 2012Materion will unveil its latest earnings on Monday, Feb. 27. ...
TiVo Prepares for a Tense Thursday
Posted: Wed Feb 22 12:23:28 PST 2012An earnings report just might not be the biggest news of the day. ...
Can IMAX Deliver Big-Screen Profits?
Posted: Wed Feb 22 12:22:14 PST 2012This company should send a big fruit basket to Tom Cruise for helping out with ticket sales. ...
Copart Earnings Preview
Posted: Wed Feb 22 12:21:24 PST 2012Copart will unveil its latest earnings on Monday, Feb. 27. ...
UniSource Energy Earnings Preview
Posted: Wed Feb 22 12:20:39 PST 2012UniSource Energy will unveil its latest earnings on Monday, Feb. 27. ...