IRS e-News for Small Businesses
August 29, 2014

Issue Number:  2014-6
Inside This Issue - Open to Read

 
 

New treatment of disguised sales and partnership liabilities

FROM THE TAX ADVISER
By Alistair M. Nevius
August 2014

The IRS issued proposed regulations in January dealing with disguised sales of property to or by a partnership under Sec. 707 and the treatment of partnership liabilities under Sec. 752 (REG-119305-11). According to the IRS, the proposed regulations are designed to address “deficiencies and technical ambiguities” in the current regulations. Continue:

 
 

Scam Phone Calls Continue; IRS Identifies Five Easy Ways to Spot Suspicious Calls

WASHINGTON — The Internal Revenue Service issued a consumer alert today providing taxpayers with additional tips to protect themselves from telephone scam artists calling and pretending to be with the IRS. Read More:

 
 

e-News for Tax Professionals Issue 2014-34

Issue Number:  2014-34 Inside This Issue. Read More:

 
 

Reminder: For Most Truckers, Highway Use Tax Return Due Sept. 2

WASHINGTON — The Internal Revenue Service today reminded truckers and other owners of heavy highway vehicles that in most cases, their next federal highway use tax return is due on Tuesday, Sept. 2, 2014. Read More:

 
 

Social Security Launches 1st National my Social Security Week

In honor of the 79th Anniversary of the Social Security Act, Carolyn W. Colvin, Acting Commissioner of Social Security, invites everyone to celebrate the first National my Social Security Week. Continue:

 
 

e-News for Tax Professionals Issue 2014-33

Issue Number:  2014-33 Inside This Issue. Read More:

 
 

IRS introduces voluntary certification program for tax preparers

By Alistair M. Nevius, J.D.
August 2014


After failing to win court approval for its mandatory tax return preparer regulation program, the IRS in late June introduced a voluntary certification program to take its place (Rev. Proc. 2014-42). Return preparers who sign up for the program and complete its continuing education requirements will be listed in an IRS database of return preparers. Read More:

 
 

This Week In Labor: August 11, 2014

This Week In Labor: Farm Safety Special Edition

See what's happening this week in Labor by watching the video below.

Watch Video

 
 

Articles and Updates For Members Only

Be sure and log in to your Members Only Section (top-left column) to see the articles on: House Bills and Legislator Updates by Gallagher Consultants, Inc., IRS Updates by Catherine Murphy, CPA (IRS Stakeholder Liaison), Federal Tax Weekly by CCH Group, blog articles by Paul Neiffer from Farm CPA Today

 
 

2014 St. Louis Chapter Annual Picnic - Details

St. Louis Chapter Meeting Notice

The next St. Louis Chapter meeting will be
September 22, 2014

Read more: St. Louis Chapter Meeting
 
 

Kansas City Chapter Meeting Notice

The next Kansas City Chapter Meeting scheduled for
September 18, 2014

Read more: Kansas City Chapter Meeting
 
 

Heart of the Ozarks Chapter

The next Heart of the Ozarks Chapter meeting will be
Thursday, September 18, 2014

Read more: Heart of the Ozarks Chapter Meeting
 
 
 

Member Login

~Members Memo~

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2014 Tax Reference Manual for MO Legislators

Upcoming Events

Annual Accounting Seminar
Lake of the Ozarks, MO

9/29/2014 thru 9/30/2014

Bob Jennings 1040 Tax Seminar
St. Louis, MO
11/20/2014 thru 11/21/2014

Bob Jennings 1040 Tax Seminar
Branson, MO
12/4/2014 thru 12/5/2014

Bob Jennings 1040 Tax Seminar
Kansas City, MO
12/11/2014 thru 12/12/2014

Annual Convention
6/18/2015 thru 6/20/2015