Income Tax

October 31, 2013 

Account Ability by IDMS is a year-end compliance and ATF payroll solution. The software supports multiple clients and the most commonly processed forms, as well as importing from Excel or other formatted text files and TIN matching. Users can file forms electronically and either self-print on plain or pre-printed forms or outsource printing through the...…

October 31, 2013 

TFP and Laser Link, reviewed below, are both traditional W-2/1099 filing solutions offered by Tenenz. Both products have the same features, such as free e-filing, various security options and the ability to manage multiple clients. The major difference between the two is the printing options. TFP is used to print on pre-printed W-2 and 1099...…

October 31, 2013 

AccountantsWorld provides web-based solutions for accounting, bookkeeping, live and after-the-fact payroll, document management, website building, practice management and financial planning utilities. AccountantsWorld’s payroll software includes W-2 and 1099 preparation and year-end compliance features. This review looks at their After-the-Fact Payroll offering. Basic System Functions – 4.75 Stars After-the-Fact Payroll is a comprehensive cloud-based solution, providing...…

October 31, 2013 

Tax-Mate 1099 by FormMagic allows users to print and electronically file year-end information forms. Compatible with both Mac and PC, Tax-Mate 1099 comes in four versions: Print, Print+, Transmittal and Advisor. This review is of the comprehensive Advisor version. Basic System Functions – 4.5 Stars Tax-Mate Advisor is a comprehensive management, filing and printing solution for accounting...…

October 30, 2013 

Thomson Reuters Checkpoint has released an updated special report, Tax Changes in Health Care Reform Legislation, which is designed to help tax practitioners understand the tax provisions of health care reform that take effect now through 2018.

October 30, 2013 

2013 Overview of W-2/1099 Preparation Software

Taija Sparkman

October 28, 2013 

A year and change after private liquor sales began in Washington, nearly two dozen mostly small retailers are in danger of losing their licenses for failing to pay the required taxes and fees.

October 28, 2013 

Two former Sentara Healthcare employees pleaded guilty this month to accessing patients' electronic health records inappropriately in a scheme to file fraudulent tax returns.

October 25, 2013 

The impact of the recent federal government shutdown is being felt by the Internal Revenue Service (IRS) which announced that the beginning of the 2014 tax filing season will be delayed by up to two weeks.

October 23, 2013 

The dawn of 2013 brought the biggest tax changes in more than a decade and this dramatic reshaping of the tax code will change tax planning according to Grant Thornton LLP.

October 22, 2013 

Last year, it was the fiscal cliff that delayed the start of tax season- this coming year, blame it on the partial government shutdown.

Isaac M. O'Bannon

October 21, 2013 

With the end of the government shutdown, farmers and advocates for those who rely on federal food assistance programs are pushing for a new farm bill to win approval from Congress. The day after the government reopened this week, President Barack Obama called a new farm bill his third legislative priority, after a budget deal…