Taxes
Need More Time on Your Taxes? IRS Offers Automatic 6 Month Extensions to Anyone
For taxpayers who haven’t yet filed their taxes, the IRS has this advice: don’t panic. Taxpayers who need more time to complete their tax return can request an automatic six-month extension.
IDVerify Offers Secure Way to Verify Identity with the IRS
The Internal Revenue Service is reminding taxpayers who receive requests from the IRS to verify their identities that the Identity Verification Service website, idverify.irs.gov, offers the fastest, easiest way to complete the task.
Avalara Launches Fuel Excise Tax Calculator to Provide Tax Risk Visibility
Avalara has launched its new Avalara ExciseRates, a free fuel tax calculator that allows buyers and sellers of bulk fuel to quickly and accurately determine the excise taxes that apply to any bulk fuel transaction in North America.
AICPA Sends Tax Proposals to Congress and Senate
The American Institute of CPAs (AICPA) has sent 34 legislative proposals to the top tax lawmakers in the U.S. Congress and Senate. The AICPA believes these proposals promote simplicity and fairness in the tax code, are generally noncontroversial and ...
IRS Partnership Continues Free File Program for 5 Years
The Internal Revenue Service and Free File Inc., also known as the Free File Alliance,have made a five year agreement to provide free, federal tax preparation software products for 70 percent of all taxpayers.
App Helps 1099 Contractors Better Track Business Expenses
Sloppy record keeping is costing many of the smallest small businesses and individuals a lot of money when it comes to their taxes. How much? It's in the billions.
SALT News – State Tax Amnesty Programs
Many states use tax amnesty programs as a way of bringing in additional revenue and, more importantly, get some former taxpayers back on active tax payment duty.
Find a Little Extra Time for Your Clients, Even in the Middle of the Tax Season
It’s the middle of income tax season and the last thing on most practitioners’ minds is how to engage even more with even more clients. Not that you don’t want to. But with the usual chaos surrounding this the busy season, plus the added stress of new laws, courtesy of the Affordable Care Act, time […]