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AICPA: Problem-Free Tax Season 


AICPA: Problem-Free Tax Season 
April 10, 2006 (SmartPros) No significant problems have arisen during the 2006 tax filing season, the American Institute of Certified Public Accountants told Congress last week.

Tax return offers lessons on needed next-year changes 
"I have the best news ever," a business associate with a son in college said to me recently, as she clapped her hands with excitement. "We're getting $5,000 back on our taxes because of my husband's withholding at work, and it's exactly what we need with all our bills coming due."

EAST BAY BIZ BUZZ: IRS will refund Safeway millions 
Pleasanton-based Safeway Inc. (SWY), the third-largest U.S. grocer, will receive about $315 million in the second half of this year after settling a federal income-tax refund claim with the Internal Revenue Service.

Capital gains on property can be tough to determine 
I have always done my own taxes except for one year long ago, when I went to the IRS office and they figured the capital gains tax on a house my husband and I sold.

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