Tax prep software

The recent announcement of potential financial transaction taxes in New York and New Jersey alongside new regulations represent a growing operational challenge.

The Internal Revenue Service is giving taxpayers and practitioners some extra time if they tried to file their returns on Sept. 15 through CCH Axcess, but were unable to do so because of a system outage.

The Internal Revenue Service is starting with the customer support area of its Exempt Organizations unit.

The Internal Revenue Service is temporarily allowing the use of digital e-signatures on some forms that can’t be filed electronically.

The service is now letting taxpayers submit Form 1040-X electronically when they want to file an amended tax return through commercial tax software.

Here are some lessons learned from the 2018 tax year compliance season.

New York State’s Department of Financial Services issued a report saying five tax prep software companies have been making it difficult for taxpayers to access the free versions of their tax preparation software, even though they belong to the Free File Alliance.

How hybrid tax technology helps companies address cloud migration scenarios.

The Internal Revenue Service is including a question at the top of Schedule 1 of the Form 1040 this year asking taxpayers whether they received, sold, sent, exchanged or acquired a financial interest in virtual currency in 2019, but most taxpayers won’t have any record from a Form 1099 about their cryptocurrency transactions.

The deadline for 1099-MISC filing for non-Box 7 amounts is March 31.