Latest Articles

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November 13, 2020 

IRS to Start Masking Details on Business Tax Transcripts

A tax transcript is a summary of a tax return. Transcripts are often used by tax professionals to prepare prior year tax returns or represent the client before the IRS. Lenders and others use tax transcripts for income verification purposes.

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November 12, 2020 

Retirement Tax Tips: How to Decide on RMDs for 2020

Normally, retirees in their seventies or older arrange to receive required minimum distributions (RMDs) from retirement accounts at the end of the year. Otherwise, they could be held liable for a severe tax penalty, on top of the ...

 Finagraph and Rootworks Partner for Cash Flow Management

November 11, 2020 

Finagraph and Rootworks Partner for Cash Flow Management

This strategic partnership provides the more than 700 Rootworks member firms with cutting edge cash flow monitoring and forecasting software as well as education and certification which will significantly jump start them to help small businesses with ...

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November 10, 2020 

4 Tips for Preventing ACH Credit Fraud

Forced to work from home during COVID-19, accounts payable departments have accelerated plans to move away from paper checks and pay more of their suppliers by ACH. That, in turn, accelerated another trend: fraud.