The Progressive Accountant
Tax Season Returns Catching Up
- Thursday, 01 March 2018
The number of tax returns received by the Internal Revenue Service remained .7 percent behind a year ago. But results released this week continue to show improvement as statistics for the tax season through February 23 compared to those through February 24 a year ago.
Read more...Updated Withholding Calculator Released
- Thursday, 01 March 2018
The Internal Revenue Service has released an updated Withholding Calculator on IRS.gov. They agency has also issued a new version of Form W-4 so taxpayers can check their 2018 tax withholdings under the new tax laws.
Deloitte to Pay $149.5M Over Lender Audit
- Thursday, 01 March 2018
Deloitte & Touche has agreed to pay $149.5 million in its role auditing failed mortgage originator Taylor, Bean & Whitaker Mortgage Corp. TBW originated loans insured by the Federal Housing Administration. The government alleged the accounting firm knowingly deviated from applicable auditing standards.
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