by Patricia Parrilla Tax Services | Jul 19, 2023 | Tax Tips and News
A key Internal Revenue Service advisory committee has issued its recommendations for 2023, in an effort to keep the IRS – and Congress – on point with improvements to the nation’s income tax filing system. The Electronic Tax Administration Advisory...
by Patricia Parrilla Tax Services | Jun 13, 2023 | Tax Tips and News
Weeks of record flooding and mountain snows brought on by an “atmospheric river” in California resulted in a federal disaster declaration from the Federal Emergency Management Agency (FEMA). While disaster victims received tax relief from filing and payment...
by Patricia Parrilla Tax Services | 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:...
by Patricia Parrilla Tax Services | May 25, 2023 | Tax Tips and News
The Internal Revenue Service is moving ahead with a program that will offer taxpayers a new option 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...
by Patricia Parrilla Tax Services | May 17, 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...
by Patricia Parrilla Tax Services | May 17, 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. According to the agency, as many as 1.5 million taxpayers could benefit from the...
Patricia Parrilla Tax Services