by taxPRO Websites Staff | Feb 16, 2021 | Tax Tips and News
Filing season is finally here and for many tax professionals, the watchwords are speed and accuracy. The Internal Revenue Service says it can help with both. The IRS is urging tax pros—and taxpayers—to take the simple steps needed to help ensure their returns are...
by taxPRO Websites Staff | Feb 14, 2021 | Tax Tips and News
Today marks the official start of filing season, meaning millions of taxpayers across the country are starting to gather tax-related documents ahead of a visit with their tax preparer. For their part, the Internal Revenue Service is hard at work providing helpful tips...
by taxPRO Websites Staff | Feb 13, 2021 | Tax Tips and News
Tax professionals across the country are being warned by the Internal Revenue Service, state tax agencies and the tax industry to be on the lookout for a new scam to steal their Electronic Filing Identification Numbers (EFINs). Security Summit partners say this new...
by taxPRO Websites Staff | Feb 12, 2021 | Tax Tips and News
It won’t be long before the Internal Revenue Service opens its gates and the filing season will be officially underway. In the meantime, though, there’s enough work to keep us all busy. That starts with taxpayers, who, if they haven’t done so already, should be...
by taxPRO Websites Staff | Feb 11, 2021 | Tax Tips and News
Taxpayers may be aware that the Families First Coronavirus Response Act (FFCRA) includes a refundable tax credit for eligible employers who provide COVID-related sick and family leave. What some might not know is that this credit is also available for self-employed...
by taxPRO Websites Staff | Feb 8, 2021 | Tax Tips and News
The Internal Revenue Service is reminding taxpayers that the best tax professionals are those who always sign the returns they’ve prepared. These so-called “ghost preparers” refuse to sign the returns they prepare—whether physically or digitally—getting...