IRS Confirms Tax Filing Season to Begin January 28
WASHINGTON ― Despite the government shutdown, the Internal Revenue Service today confirmed that it will process tax returns beginning January 28, 2019 and provide refunds to taxpayers as scheduled. “We are committed to ensuring that taxpayers receive their refunds notwithstanding the government …
IRS Announces MeF Shutdown and Cutover Dates
IRS has announced that the Modern e-File System (MeF) will commence its annual shutdown and cutover maintenance period on Saturday, November 17, 2018, at 11:59 p.m. in order to prepare the system for the upcoming Tax Year 2018 Filing Season See the …
Tax Preparer Education Requirements
Thought that maybe the required continuing education hours might change this year? Well they have not. The requirements for 2016 continuing education are still here. I would say that, the hour requirement, if left to the last two weeks of the year, …
Refund Timing for Earned Income Tax Credit and Additional Tax Credit Filers
The tax industry stakeholders are projecting refunds will begin hitting accounts mid-week, Feb 22nd. This is just an estimate and not a guarantee and it could take 7-10 days for the backlog of refunds to be caught up. Also note, the refunds …
5 Mistakes Preparers Make When Buying Tax Software
Refusing To Adopt Cloud-based Software The tax preparation software industry is probably one of the slowest industries to embrace cloud technology for software needs. There are items to be concerned about, however, if banking, finance, trading, healthcare and other sensitive data can …
