by Rupinder | Apr 22, 2019 | Uncategorized
On April 18, 2019, the IRS released IR-2019-77, announcing a multi-year plan to modernize and update the entity’s IT systems. According to the IRS statement, the drivers for these changes are grounded in customer service for both the consumer and the tax and...
by Rupinder | Feb 13, 2019 | Uncategorized
The IRS has just released information that tax preparers and accountants can share with their clients regarding tax payment options. Read more below. As the 2019 tax filing season gets into full swing, the Internal Revenue Service reminds taxpayers who owe of the many...
by Rupinder | Dec 6, 2018 | Uncategorized
During National Tax Security Awareness Week, be sure to take note of this information provided by the IRS. Be sure to share it with your clients, too. IRS, state tax agencies and the nation’s tax industry joined together to warn small businesses to be on-guard against...
by Rupinder | Nov 19, 2018 | Uncategorized
The Internal Revenue Service and Security Summit partners today warned the public of a surge of fraudulent emails impersonating the IRS and using tax transcripts as bait to entice users to open documents containing malware. The scam is especially problematic for...
by Rupinder | Nov 7, 2018 | Uncategorized
After tax reform, many corporations will pay blended tax rate Last year’s tax reform legislation replaced the graduated corporate tax structure with a flat 21 percent corporate tax rate. This new maximum tax rate for corporations is effective for tax years beginning...
by Rupinder | Nov 7, 2018 | Uncategorized
Just Released: IRS issues final regulations, expanding paid preparer due diligence requirement to head of household filers The Treasury Department and the Internal Revenue Service today issued final regulations expanding the long-standing paid preparer due diligence...
