by Upstate Tax Professionals | Jun 9, 2023 | Tax Tips and News
A new wave of advertising is churning up interest in a tax credit intended to help businesses and non-profits that tried to retain their employees during the COVID-19 pandemic. However, the ads on TV and radio, online, and even direct mail leave out a critical fact: most of the promoters’ clients won’t qualify for the credit.… Read more about Real Facts About Bogus Claims for the Employee Retention Credit (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Upstate Tax Professionals | May 26, 2023 | Tax Tips and News
The Internal Revenue Service is moving ahead with a program that will offer taxpayers a new option on for filing their 2023 returns next year. Dubbed “Direct File,” a scaled-down version of the full program will allow taxpayers to file online for free, using an IRS-run website.… Read more about Direct File Pilot to Debut Next Tax Season (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Upstate Tax Professionals | May 6, 2023 | Tax Tips and News
The Internal Revenue Service says it has almost $1.5 billion in leftover tax refunds for 2019 taxpayers who haven’t filed—but the time remaining to claim this money is slipping away.… Read more about Time Running Out to Claim Tax Year 2019 Refunds (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Upstate Tax Professionals | Apr 25, 2023 | Tax Tips and News
Every year, CPA Practice Advisor asks readers to vote on the technology—both software and hardware—they trust the most. Just one day before the individual filing deadline, the publication announced the results of its nineteenth annual Readers’ Choice Awards, which included more than 5,000 respondents.… Read more about Drake Software Wins 8 Categories in 2023 CPA Practice Advisor Readers’ Choice Awards (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Upstate Tax Professionals | Apr 20, 2023 | Tax Tips and News
After severe thunderstorms and tornadoes raked parts of Tennessee on March 31, many of Volunteer State taxpayers could use a little good news. The Internal Revenue Service is doing its part, announcing tax relief for storm victims.… Read more about Tennessee Storm Victims Have Deadlines Moved to July 31 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Upstate Tax Professionals | Apr 11, 2023 | Tax Tips and News
The Internal Revenue Service has released its annual Dirty Dozen list of the top scams and schemes posing threats to taxpayers and tax pros, and this year sees some new schemes among the known scams from previous lists.… Read more about 2023 Dirty Dozen Spotlights New Scams, Some Usual Suspects (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…