The IRS can process e-file returns faster and with fewer errors than non-electronic options. This means quicker refunds and less contact with the IRS. Who doesn’t like that? IRS e-file provides proof of receipt within 24-48 hours of sending the tax return to the IRS. Individual and business clients can e-file a balance due return and schedule an electronic funds transfer (EFT) from their account for any date.
With the 2017 tax filing deadline approaching, it’s never too early to start going through your documents and getting your paperwork in order. You are the one responsible for providing the necessary information to submit a tax return, regardless of whether you’re filing your own taxes or paying a tax preparer to do them for you. Read More »
In March 2015 the IRS joined state tax governments across the country and members of the tax industry to create the Security Summit. The Summit was organized to fight identity theft and make everyone aware of the theft risk guiding them to take steps to protect their tax data and identities. They have prepared safeguards for the 2018 tax filing season.
You work full-time and hire an in-home childcare provider to take care of your two young children while you work. Did you know hiring a childcare provider can influence your tax return? The good news is you can obtain Child and Dependent Care tax credit for qualifying expenses up to $6,000; the bad news is you may need to pay household employment taxes for the care provider.