The Internal Revenue Service says getting a tax ID number for a business is going to be a little tougher after May 13. After that date, the IRS will require the taxpayer listed as the “responsible party” on the EIN application to have a Social Security number (SSN) or an individual taxpayer identification number (ITIN) in order to receive an Employer Identification Number (EIN) from the IRS.…
The Internal Revenue Service has issued a few reminders to small business owners to go along with this week’s observance of National Small Business Week.…
In the 2019 Filing Season Statistics infographic, Drake Software breaks down some of the key takeaways, like the total number of returns filed, how many returns were filed by tax professionals, and more.…
It’s National Small Business Week at the Internal Revenue Service! All this week the IRS will be emphasizing the many online resources it has available for small business owners and self-employed individuals.…
The Internal Revenue Service has opened the doors to registration for this year’s Nationwide Tax Forum series.…
A computer glitch is being blamed for an erroneous tax notice sent to some New York State taxpayers. Buffalo, N.Y. TV station WKBW reports the notices say the taxpayer’s income tax refund has been adjusted to zero because they “are not entitled to a refund.”…
Tax Day may have come and gone, but that doesn’t mean we stop talking about tax-related issues after April 15.…
Each year, major tax industry publications conduct surveys and product reviews to help paid tax return preparers make informed decisions about the kind of software they choose for their office.…
The IRS is about to begin a long-awaited upgrade program to its antiquated information and taxpayer services systems.…
The Section 199A qualified business income (QBI) deduction has been a source of confusion for taxpayers and tax professionals alike since it debuted with the Tax Cuts and Jobs Act.…
