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Day: October 5, 2016

IRS Announces Plans To Close Tax Return Processing Sites

Kelly Phillips ErbOctober 5, 2016

The Internal Revenue Service (IRS) has announced plans to close more processing sites around the country. The closures are a part of consolidation efforts and budget-related cost cutting measures. Here’s a look at what sites are closing and when.

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A Tax Loss By Another Name Is Not The Same

Kelly Phillips ErbOctober 5, 2016

Over the weekend, stories popped up all over the place about net operating losses, suggesting that one kind of tax loss is the same as another. One loss may hit your wallet just as hard as another loss, but when it comes to tax treatment, all losses are not created equal. Here’s a quick look at other kinds of losses you might have seen when it comes to taxes.

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