Kentucky storm, flooding victims now eligible for tax relief
Storm victims in parts of Kentucky now have until Nov. 15, 2022, to file various individual and business tax returns and make tax payments,...
The extension crisis and the IRS slowdown
If you feel you have filed more extensions this past filing season than in any of your previous years in practice, you are not...
Should you prepare your clients for an audit?
Firms around the country raced to beat the clock to get returns and extensions filed last week. But will that be the last time...
IRS provides ‘State of the IRS’ update
IRS Commissioner Charles Rettig offered a webinar recently providing updates on the most Frequently Asked Questions (FAQ) regarding the state of the IRS right...
From the IRS Newsroom: Filing in 2022, guidance regarding the ERC, National Tax Security...
Below are some of the most recent updates to come out of the IRS:
Get ready for taxes: What's new and what to consider when...
From the IRS Newsroom: IRS Free File Program, Tax Forum Webinars, Oct. 15 FBAR...
IRS Free File program available through Oct. 15
IR-2021-198, October 5, 2021 — The Internal Revenue Service announced today that Free File remains available through...
ICYMI from the IRS Newsroom: Reporting qualified sick and family leave, Deadline for third...
Below are some recent press releases from the IRS Newsroom:
Treasury, IRS issue guidance for 2021 on reporting qualified sick and family leave wages
IR-2021-178, September...
Interest rates remain the same for the fourth quarter 2021
The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning October 1, 2021. The rates will...
Child Tax Credit: New update address feature available with IRS online portal; make other...
The Internal Revenue Service has launched a new feature allowing any family receiving monthly Child Tax Credit payments to quickly and easily update their...
Seize this Pre-PTIN Renewal Opportunity to Keep Your Tax Practice Compliant with IRS Requirements...
Here we are... literally almost two months away from the IRS opening up PTIN renewal in October.
It’s the perfect opportunity to make sure you...