Program Update 3/18/21

Program Update 3/18/21

Mar 18, 2021

Your Program should be updated to 35.04 Packages should be updated to the following: 1040 Indirect Ver 6 1120 “C” Corporation Ver 2 1120S “S” Corporation Ver 2 1065 Partnership Ver 2 1041 Fiduciary Ver 3 706 Estate Tax Ver 0 709 Gift Tax Ver 1...
Update ? Unemployment & Tax Due

Update ? Unemployment & Tax Due

Mar 17, 2021

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 software companies are “updated” but the IRS has not issued official guidance yet, so that cannot be true yet....
Extensions

Extensions

Mar 13, 2021

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 article Your Program should be updated to 35.03 (will be updating to 35.04 this coming week) Packages should be updated to the...
Stimulus Payment

Stimulus Payment

Mar 12, 2021

This is information was provided from the IRS. IRS begins delivering third round of Economic Impact Payments to Americans WASHINGTON – The Internal Revenue Service announced today that the third round of Economic Impact Payments will begin reaching Americans over the...
American Rescue Plan Act

American Rescue Plan Act

Mar 11, 2021

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 site to go to sections. https://www.congress.gov/bill/117th-congress/house-bill/1319/text Included is the unemployment...