The IRS posted an important update to the ACA Information Center for Tax Professionals on Tuesday. Continue reading
David Kautter Appointed as Interim IRS Commissioner
On Thursday, President Trump announced that David Kautter, Assistant Secretary of the Treasury for Tax Policy, will become acting commissioner of the Internal Revenue Service. Continue reading
Budget Cuts Scale Back IRS Collections
Not everyone files their taxes on time and some neglect (or outright refuse) to pay at all. The IRS’s ability to pursue those individuals and companies has been drastically hampered in recent years. Continue reading
This Just In- Chicago Repeals Soda Tax
A vote to repeal the penny per ounce soda tax took place in Chicago with The Cook County Board of Commissioners on Wednesday. Continue reading
Breath of Fresh Air, but More Scams Arise
The wildfires in California continue to spread and estimates suggest that 100,000 people were under evacuation orders. Some good news is Continue reading
New Look for IRS.gov
Redesigned IRS site provides ease of use for taxpayers. Continue reading
IRS PTIN System Back Online
URGENT: As of June 21st the IRS has reopened their PTIN system. Tax Professionals are now able to apply for and renew their PTINs… free of charge. Continue reading
UGC, the Tax Industry, and You
User Generated Content (UGC) is a term you may not be familiar with, but you know exactly what it is. UGC is the new Word-of-Mouth for the internet and social media age. A recent report from TurnTo Networks and Ipsos shows that clients look at UGC more than ALL other forms of marketing. Continue reading
2017 IRS Nationwide Tax Forum Schedule
The IRS is on the road again, and so are we! On July 11, 2017, IRS Nationwide Tax Forums will begin. Continue reading
IRS Loses Suit- PTIN System Down
“On June 1, 2017, the United States District Court for the District of Columbia upheld the Internal Revenue Service’s authority to require the use of a Preparer Tax Identification Number (PTIN), but enjoined the IRS from charging a user fee for the issuance and renewal of PTINs. Continue reading
Updates to IRS e-Services Coming This Summer
On June 18th the IRS will be making a change to its e-Services platform to what should be a more secure and modern format. Continue reading
Tax Season From the Taxpayer’s Point of View
Adobe Digital Insights just released a report titled “Tax Day 2017”. The report goes over data collected from billions of consumers between 2014-2017. Continue reading