February 24, 2017
On the income tax reform agenda: Tax rate cuts, fewer brackets, repeal of AMT, cap on itemized deductions, elimination of personal exemptions, Sec 179 changes, 15% corporate income tax rate, repatriation tax, repeal of estate tax.
February 18, 2017
In an effort to fight fraud, the IRS delayed all returns with either of those credits this year. But the good news is, the IRS says it has started processing them and they should start being direct deposited the week of ...
February 17, 2017
Even tax professionals know how confusing taxes can be. For individual taxpayers, it can be like performing a root canal without any dental experience. For those with tax obligations in multiples states, or with more complex incomes and investments ...
February 17, 2017
Many refunds that included the EITC or Child Tax Credit had been held since the filing season started in late January due to new requirements of the 2015 Protecting Americans from Tax Hikes (PATH) Act.
December 12, 2016
Additionally, here’s a rundown of the changes in the most commonly used rates and limits. We highly recommend exploring the payroll guidance solutions provided by Checkpoint, as rates constantly change.
December 12, 2016
While other tax software makers have offered free federal tax filings since as early as 2003 for some individuals with lower income and generally non-complex situations, adding state income tax filing and even common tax credits or deductions could ...
October 23, 2016
W2 Mate is an easily affordable product from Real Business Solutions that provides accountants and businesses with the ability to prepare, import, file and print both W-2’s and 1099 forms. The vendor also offers a long-list of add-on modules to ...
October 23, 2016
W-2/1099 Forms Filer is part of 1099-ETC, which includes a variety of modules that provide form processing functionality, including E-Filer, Forms Filer Plus, 1042-S Filer, and the Affordable Care Act (ACA) Filer. W-2/1099 Forms Filer is considered ...
October 23, 2016
W-2/1099 Filer EG Systems Inc. www.w21099.com Best Firm Fit: Accounting firms that currently or plan to handle year-end compliance reporting and filing for multiple clients. Product Strengths Users can easily access prior year data Offers both federal and state electronic form filing Very affordably priced Potential Limitations Does not offer an online version of the...…
October 23, 2016
Wolters Kluwer Tax and Accounting, North America, Small Firm Segment http://cchsfs.com/professional-accounting-software/ Best Fit: The product works best for smaller firms that are currently using other Wolters Kluwer Tax and Accounting, North America, Small Firm Segment products which include ATX, TaxWise, and Payroll. Product Strengths: Product is designed to work with other Wolters Kluwer Tax and...…
October 23, 2016
For businesses of any type that may hire a contractor, it’s imperative that a system be in place to ensure that 1099’s are processed on a timely basis. Late or missing filings run the risk of both IRS and other state or local taxing organizations for ...
September 13, 2016
Election years often bring a flurry of legislative and regulatory activity that could significantly impact employers. And, as we mentioned in the first part of this two-part series, this election cycle is no different, as Pres. Barack Obama prepares t...