Update ? Unemployment & Tax Due
UNEMPLOYMENT The prior guidance on using worksheet 7 to put the unemployment is it not what the IRS wants at this time. We have heard that other...
Extensions
If you are filing corporate returns with our desktop package, here are a few pointers: If you need to file an extension, here is our solution...
Stimulus Payment
This is information was provided from the IRS. IRS begins delivering third round of Economic Impact Payments to Americans WASHINGTON – The Internal...
American Rescue Plan Act
The American Rescue Plan was signed today. What does that mean to us preparing tax returns? Here is the bill full text. You can use the links in the...
Tax Software Current Versions 35.03
This applies to - Desktop Version Please be sure to Update Program and Update your Modules. On the desktop version you have to get Acks to have the...
[Update] ? Software Online Acks
This evening the program was updated so that the current status of acknowledgements have been posted to your accounts. We apologize for any...
Per Return Billing Starts Now
Product: PPR and 1040 Packages Just a reminder that we are going to start our billing process for 2020 returns. We actually held off our billing by...
Tax Software Current Versions
This applies to: Desktop Version Online users - If you use the Desktop Version for corporate returns. Please be sure to Update Program and Update...
1099R – 10% Penalty – 3 Year Averaging
We have gotten a few questions with the tax code change this year. (There are many.) Cashed out Retirement they receive a 1099R. They can avoid the...
Tax Software Update
We are just a couple days away from the IRS opening e-file for everyone. Though you may have started seeing acks yesterday. The IRS is Hub testing...
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As part of the recently signed American Rescue Plan, major changes were made to the Child Tax Credit (CTC). For the 2021 tax year, families will have the option to receive advance payments of up to $300 per child, per month, starting in July. These payments could...