The Internal Revenue Service will install a software upgrade for e-Services from July 21 through Aug. 4. During installation of the upgrade, e-Services will not be available. This is a scheduled outage and is needed to upgrade the current e-Services software, according to the IRS. E-Services are Web-based products that allow tax pros and taxpayers to do business with the IRS electronically. They include preparer tax identification number application, online e-file application, and taxpayer identification number matching. In addition, tax professionals who e-file five or more accepted business or individual tax returns in a season are also eligible to use three additional e-Services products -- disclosure authorization, electronic account resolution and a transcript delivery system.
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The sprawling bipartisan bill would add new requirements for the IRS as well as tax preparers, including continuing education for unlicensed preparers.
July 28 -
Corporate sustainability reports are including less specific quantitative information and disclosures and leaning more toward puffery.
July 28 -
How firms are working to solve the latest iteration of the pipeline problem
July 28 -
Parents of 51.7 million children now qualify for the new Education Freedom Tax Credit for scholarships, according to a new estimate released by its proponents.
July 28 -
There's little consistency in how businesses across different countries can deduct their capital investments as depreciation, according to a new study.
July 27 -
Anxious accountants can take a breath, as data shows human clients do not crave a 100% AI-led experience. In fact, there are certain tasks which they prefer be 100% human-led.
July 27






