Tax Changes for 2023-2024: What Tax Pros Need to Know
On January 30th, 2024, the House of Representatives passed the Tax Relief for American Families and Workers Act… Read more
The 3 Most Common EITC Errors
The information in this article is up to date for tax year 2023 (taxes filed in 2024).
Did you know that about 25% of Earned… Read more
Foreign Tax Credit: A Guide for Tax Preparers
In our expanding global economy, more individuals and businesses find themselves engaged in international transactions,… Read more
Guidance on State Tax Payments to Help Your Tax Clients
In a recent announcement, the IRS issued guidance on the federal tax status of special payments made by 21 states in 2022.… Read more
How to File a Business Tax Extension Online: E-File 7004 Form
Need more time to get those business returns filed? You can easily apply for an automatic extension of time to file by filling… Read more
Third-Party Tax Transactions Guide
When the American Rescue Plan was signed into law, it brought major changes to the reporting requirements for third party… Read more