Good news and bad news for taxpayers who have trouble paying their tax bills. The bad news is that the IRS is raising the application fee for the Offer in Compromise.…
Taxing Subjects has another filing season update on the latest episode of the Taxing Subjects Podcast.…
The House Ways and Means Committee yesterday sent a letter to the Internal Revenue Service to ask whether the April 15 deadline should be extended due to concerns about the coronavirus.…
Victims of the recent tornadoes that swept through Tennessee have gotten some tax relief from the Internal Revenue Service.…
Download the "Does My Client Qualify for QBI?" infographic.…
The IRS is continuing its taxpayer-education outreach by highlighting the Credit for Other Dependents in a recent press release.…
The federal office tasked with overseeing the Internal Revenue Service says fraudulent claims for refundable credits are going through – in spite of the tools Congress gave the agency to stop them.…
Drake Software Vice President of Strategic Development John Sapp, CPA, discusses the section 199A qualified business income deduction.…
If any of your clients make two thirds of their gross income from farming or fishing, they may need to file a Form 1040 and pay tax due on Monday.…
GruntWorx Vice President Julie Pierce explains how Organize, Populate, and Trades can save tax practices time.…
