The Internal Revenue Service recently released information that could also help late filers: how to verify the person at the door is actually an IRS agent.
We’re just one day away from morning shows, 24-hour news outlets, and a torrent of social media posts talking about Tax Day, but there are still some who won’t have to file tomorrow.
Drake Software reviewed the 2016 IRS tax season statistics and produced an infographic covering data that is pertinent to tax professionals.
The IRS recently warned seniors about the threat of scam phone calls from criminals hoping to capitalize on the urgency of tax season.
For years, industry experts have been calling for tax professionals to use various hardware and software technologies – CRM tools, document management systems, workflow and productivity software, and paperless technologies – to stay competitive and profitable.
Winter Storm Stella battered the Northeast and Mid-Atlantic, knocking out power, grounding or delaying flights, and worse. As with other natural disasters, the Internal Revenue Service has stepped in to help affected taxpayers.
According to the most recent Internal Revenue Service “Tax Time Guide,” clients can still contribute money to their 2016 Individual Retirement Account (IRA). The...
If two thirds of your client’s gross income comes from farming or fishing and that client want to avoid making estimated tax payments, then the deadline to file a Form 1040 for tax year 2016 is March 1, 2017. Whether they’re looking to pay everything now or expect to make estimated payments, the IRS wants taxpayers to know that Direct Pay can make paying tax easier.
Scams Include Tax-Related ID Theft, Tax Shelters Each year, the IRS releases their list of the “Dirty Dozen” scams to inform taxpayers about criminals who hope...
As part of the Avoid the Rush tax tip series, the IRS yesterday reminded taxpayers about Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC) refund delays. In addition to how weekends and Presidents Day fall on the calendar this year, one reason refund checks for returns claiming these credits will be delayed is the Protecting Americans from Tax Hikes (PATH) Act.