How Did the TY2017 Tax Season Turn Out?We’re a few weeks removed from tax season, so we wanted to hear what tax professionals thought about the latest iteration of the January-to-April annual…
Read more about Jim Lowe & Jerry Gaddis Recap Tax Season – EP10
With the TY2017 tax season coming down to the final hours, the acting IRS commissioner feels pretty good about his agency’s performance thus far. But the big crunch, he says, comes after tax deadline…
Read more about For IRS, the Real Work Starts After Tax Season
Professionals throughout the U.S. income tax industry are being warned to expect a new, more serious round of cyber-scams and ruses aimed at stealing their confidential filing information—and that of their clients.…
Read more about Tax Pros Warned of Heightened Fraud Threat Ahead
Being professionals, we all know how to give our clients the most accurate, best-case-scenario income tax return. But what happens after we send that return? Do you find yourself fielding call after…
With the passage of the New Year, the tax return filing machinery is tuning up and preparing for the race to April 18. The Internal Revenue Service will begin accepting returns Monday, Jan. 23.…
The Internal Revenue Service recently suggested that taxpayers consider checking their eligibility for health care-related tax exemptions. Taxpayers who plan their finances around a refund check may be better able to budget during tax season by researching their options before January 23, 2017.…
Tax professionals across the country are gearing up for tax season, which the Internal Revenue Service today announced will officially begin on January 23, 2017. The press release included yet another reminder about PATH Act-delayed refunds: taxpayers claiming the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) will not have their refund issued until February 15, 2017.…
Read more about IRS Announces the First Day of Tax Season, Issues Refund Delay Reminder
We’ve all got our pre-tax-season rituals; those processes and procedures that ensure we’re running on all cylinders once Jan. 1 rolls around. While preparatory activities can vary from office to office, there’s one procedure that should be a common thread running to every tax prep office: computer security measures.…
Filing season began a little more than a week ago, and while some taxpayers have already filed their 2015 returns, many others are still gathering receipts and shopping around for a tax professional.…
Read more about IRS Issues 10 Tips for Choosing a Tax Preparer
It's an annual ritual for tax and accounting firms after the end of one tax season and before training begins for the next: replacing obsolete hardware and software, investing in new technologies, and…
Read more about Upgrading Hardware and Software for Tax Season
