Afternoon Feb. 13th – IRS Funding

Afternoon Feb. 13th – IRS Funding

Feb 13, 2016

So far this year, as of 4pm Eastern, the IRS has released almost no refunds. Current estimates are that the IRS has released refunds for fewer than 1% of returns filed in the first week of the e-file, and virtually no refunds from the second week. Many of the refunds...
Health Care Basics For Preparing Your Clients Returns

Health Care Basics For Preparing Your Clients Returns

Jan 16, 2016

We got this from the IRS site about what you need to file for the ACA (Affordable Care Act). We are just sending this out for your information.We also have included a quick link to the Health Care Exemption Tool. This step by step tool is to help determine the lowest...
Tax Season Starts Jan 20th, 2014

Tax Season Starts Jan 20th, 2014

Dec 29, 2015

Tax Season Opens As Planned Following Extenders Legislation Following the passage of the extenders legislation, the Internal Revenue Service announced today it anticipates opening the 2015 filing season as scheduled in January. The IRS will begin accepting tax returns...
Urgent Electronic Filing Center Information

Urgent Electronic Filing Center Information

Nov 19, 2015

The Electronic Filing Center stops sending E-files at 6pm EST on Friday November 20th. This includes 2014, 2013, and 2012 efiles The IRS shuts down at 11:59am Saturday November 21st Acks not retrieved by 11:59am Saturday November 21st will be unavailable until IRS...
Professional Tax Software ? When the IRS Sends Letters

Professional Tax Software ? When the IRS Sends Letters

Oct 16, 2015

We don’t always talk about professional tax software. Today is about your clients. Would your client know what to do if he/she received a letter from the IRS? Either way, this is helpful information for you to share with them. Initial concern: Is this letter...