| By Michael Cohn 3 min read | Two leaders of Congress’s main tax-writing committee introduced legislation Friday to undo tax refund delays for recipients of the Earned Income Tax Credit who file their taxes early. Read story → |
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| | By Michael Cohn 7 min read | The letters that the Internal Revenue Service has been sending to taxpayers about the amounts they received on advance payments of the Child Tax Credit may have outdated information. Read story → |
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| | By Michael Cohn 10 min read | The tax season that’s due to open when the Internal Revenue Service begins accepting tax returns next Monday is promising to bring a host of challenges. Read story → |
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| | By Roger Russell 3 min read | The groups want the service to reduce unnecessary burdens on taxpayers and tax preparers. Read story → |
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| Learn about the newest technology innovations advancing the accounting community. Advances in Tech brings together some of the top technologies that are helping the industry move forward. Explore the Demos → |
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| | By Michael Cohn 3 min read | The Internal Revenue Service has implemented a new verification process for taxpayers who want to access their online tax accounts and self-help tools that includes taking a selfie and submitting a photo of their driver’s license or passport to a third-party service, ID.me. Read story → |
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| | By Michael Cohn 5 min read | The service faces a backlog of millions of unprocessed tax returns, and warned taxpayers and preparers to be patient. Read story → |
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| | By Michael Cohn 2 min read | A revamped version of the ChildTaxCredit.gov site adds new features to help with filing taxes and accessing the full amount of unpaid credits. Read story → |
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| | By Daniel Hood | Mark Steber of Jackson Hewitt discusses the tax prep chain's flat-fee offering, what tax season's going to look like, and the future of tax prep. Read story → |
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| | By Sean McCabe 1 min read | The Big Four firm announced salary bumps for approximately 30,000 employees. Read story → |
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| | By Roger Russell 3 min read | A Tax Court case illustrates the complexity of deciding when, exactly, a business becomes a good concern in the eyes of the IRS. Read story → |
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| | | | | | RESOURCES | | WEB SEMINAR | | Thursday, March 10, 2022 2:00 PM EST | The pandemic saw security breaches and hacking skyrocket, turning an already-serious issue into an actual emergency. This webinar will explore the best ways for firms to keep themselves and their clients’ data safe in a world that’s more dangerous than ever. Learn More → | SPONSORED BY RIGHT NETWORKS | | WEB SEMINAR | | Thursday, April 21, 2022 2:00 PM EDT | From being the most staid of the accounting profession’s core trio of services, audit looks likely to experience an enormous amount of change over the next decade, in everything from the methodology and tools being used and the skills needed, to the actual areas being audited. Learn More → | SPONSORED BY | | WEB SEMINAR | | | Accountants who offer payroll services reveal opportunities for enhancement as they share ongoing plans Learn More → | SPONSOR CONTENT FROM SurePayroll | More resources → |
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