Latest Articles

wolters-kluwer-logo

October 24, 2019 

New Cloud Options from Wolters Kluwer Streamline Audits

Attendees experienced hands-on demonstrations of CCH Axcess Financial Prep, the profession’s first dynamic cloud-based trial balance solution already in market; CCH Axcess Knowledge Coach, a cloud-based digital audit management tool; and CCH Axcess ...

IRS_PTIN

October 24, 2019 

Time to Renew PTINs for 2020

Anyone who prepares or helps prepare a federal tax return for compensation must have a valid PTIN from the IRS before preparing returns, and they need to include the PTIN as the identifying number on any return filed with the IRS.

eftps.59a6e9e5d5ea6

October 24, 2019 

The Tax Benefits of EFTPS for Small Businesses

Many employers outsource to third-party payroll service providers some or all their payroll and related tax duties, such as tax withholding, reporting and making tax deposits. Third-party payroll service providers can help assure filing deadlines and ...

taxes reform_1_.5540d268d98f6

October 24, 2019 

The Tax Blotter – October 2019

Generally, U.S. taxpayers are taxed on income earned abroad, but may claim a foreign earned income exclusion. To qualify, the taxpayer must (1) be a U.S. citizen who is a bona fide resident of a foreign country the entire tax year or physically ...

wolters-kluwer-logo

October 24, 2019 

Wolters Kluwer Launches Client Collaboration Module

The new CCH Axcess Client Collaboration module saves firms and their clients time when engaging, onboarding, and collaborating throughout the engagement by providing each side with a frictionless experience for all communication, from secure source ...

cyber security data_10816596

October 23, 2019 

Families and Teens Urged to Practice Safe Online Habits

The IRS has joined with representatives of the software industry, tax preparation firms, payroll and tax financial product processors and state tax administrators to combat identity theft refund fraud to protect the nation's taxpayers.

payroll

October 23, 2019 

Businesses Advised to E-File Payroll Tax Returns

E-filing saves taxpayers time by performing calculations and populating forms and schedules using a step-by-step interview process. Once submitted, the information is quickly available to the IRS thus reducing processing time.