Search
4 days ago
2025 Tax Filing Season Starts January 27
Tax season starts on January 25, 2025. Check out other key dates and tips for being ready to hit the ground running this tax season!
4 days ago
Key Updates on 1099 and E-Filing Availability for the 2025 Tax Season
1099 and W-2 e-filing opens on January 10th, 2025. Business filing opens on January 25th. 1040 e-filing begins January 27th.
6 days ago
Tax Deadlines Extended for Disaster-Affected Areas: What You Need to Know
The IRS has announced extended tax deadlines for individuals and businesses in disaster-affected areas, offering much-needed relief to...
7 days ago
Final 2024 Quarterly Estimated Tax Payment Due January 15
Final 2024 estimated tax payment due Jan 15. Ensure clients avoid penalties by paying 90% of 2024 tax or 100% of 2023 liability.
Dec 23, 2024
IRS Unveils Proposed Updates for Tax Practitioner Regulations
IRS proposes updates to Circular 230, clarifying rules for tax pros, streamlining processes, and addressing modern tech like e-signatures.
Dec 20, 2024
IRS Increases Standard Mileage Rate for Business Use in 2025
IRS raises the 2025 business mileage rate to 70¢ per mile. Tax pros: Help clients stay compliant & maximize deductions with this update!
Dec 19, 2024
Key Reminders for Tax Pros: Helping Clients Meet Year-End RMD Deadlines
Ensure clients aged 73+ meet RMD deadlines by Dec. 31 to avoid penalties. Review accounts, calculate RMDs, and plan withdrawals now!
Dec 18, 2024
Business Tax Filing Opens January 15, 2025
IRS announces the start of tax season with acceptance of Business Tax Returns only starting January 15, 2025.
Nov 26, 2024
9th Annual National Tax Security Awareness Week - December 2 to December 6, 2024
The IRS kicks off Tax Security Awareness Week Dec. 2-6 to help taxpayers & pros protect data from scams & ID theft. Learn more at IRS.gov.
Nov 21, 2024
Prevent Refund Delays Caused by Duplicate Dependent Claims
Help prevent refund delays caused by duplicate dependent claims by urging clients to get their Identity Protection PIN (IP PIN).
Nov 5, 2024
Upcoming 1040 MeF Production Shutdown Scheduled for November 30, 2024
1040 MeF shutdown starts Nov 30, 2024, 11:59 pm ET. Only Send Submissions for 1040s affected. Other services & business returns unaffected.
Nov 4, 2024
IRS Boosts Retirement Savings Limits for 2025: Key Considerations for Tax Preparers
2025 401(k) and IRA limits increased. Catch-up contributions higher for older workers. Income limits for IRA, Roth IRA, and Savers Credit.
Oct 22, 2024
Tax Inflation Adjustments for Tax Year 2025
IRS announces inflation adjustments for tax year 2025. Standard deductions, marginal tax rates, and AMT exemptions increase.
Oct 17, 2024
IRS Unveils 2024 Nationwide Tax Forum Online with 18 New Seminars for Tax Professionals
IRS launches the 2024 Nationwide Tax Forum Online, offering 18 new seminars for tax pros with CE credits and free course reviews available.
Oct 16, 2024
Tax Relief Available for Victims of Recent Hurricanes
The IRS offers tax relief to hurricane victims, including extended deadlines, tax-free payments, and disaster loss deductions.
Oct 2, 2024
IRS Announces Significant Tax Relief for Affected Groups Across the U.S.
IRS offers tax relief to farmers, and storm and terrorist victims, extending deadlines and waiving penalties across the U.S. for 2023-2025.
Oct 1, 2024
IRS Updates Premium Tax Credit FAQs: New Affordability Guidelines for 2025
Updated Premium Tax Credit FAQs with new 2025 affordability standards for employer health plans. Find out what this means for your family.
Sep 30, 2024
Tropical Storm Debby Victims in Pennsylvania Get Tax Relief
IRS extends tax deadlines to Feb. 3, 2025, for Pennsylvania residents affected by Tropical Storm Debby.
Sep 13, 2024
IRS Extends Tax Deadlines for Storm Victims in Connecticut, New York, and Louisiana
New tax relief allows more time to file tax returns and make payments for those impacted by these natural disasters in LA, NY, and CT.
Sep 5, 2024
Third Estimated Tax Payment Due September 16
Individuals, including those who are self-employed, investors, or retirees, who do not have taxes withheld and must make quarterly payments.