For taxpayers who had previously requested extensions, the tax filing deadline is approaching. The filing deadline is October 15th and the IRS suggests that returns are e-filed as it is the easiest, safest and most accurate way to file, but if you chose to paper file, be sure that the tax return is postmarked by […]
At a security summit held by the IRS and its security partners, IRS reminds everyone that they will not send unsolicited emails and they never email taxpayers about the status of refunds. The IRS warns of phishing email scams from bad actors pretending to be the IRS in a new, but not uncommon, scheme to […]
Federal Direct Tax Services is happy to extend the various discounts on tax software & partnerships: Federal Direct 10% Military Discount on all partnerships. Professional Courtesy Discount is available to industry professionals, Enrolled Agents and CPAs. The Professional Courtesy Discount is Platinum level partnership at the price of Gold.
Yes, you can. However, you will need to get compliant on your tax debt and get all your returns filed before you can become a tax preparer. File any previously unfiled returns, and pay your debt or set up payment arrangements. After a few months of regular payments on a payment arrangement, you will be considered […]
If you have returns to send, send them today, tomorrow, or after the holiday. E-filing and e-services systems will be unavailable from midnight Eastern Time on Friday, May 24, through 7 a.m. EST on Tuesday, May 28.
The Senate Finance Committee has introduced bipartisan legislation to improve protection for taxpayers against fraudulent tax refund claims made with stolen identities. The refund theft tax bill includes new assistance for taxpayers who have been victims of identity theft and requires the Internal Revenue Service to establish a new security feature that individuals can use […]
It’s the biggest city in the nation, so reasonable it would have a proportionally higher crime rate, right? Yes, even for taxes. New York state recently sent out 56 tax suspension letters. 40 preparers seem to have accepted the judgement and the other 16 preparers are challenging the action. Due to the increased tax-related crimes, […]
The IRS is at it again… Since they were shut down on their authority to mandate all tax preparers get continuing education and take a competency test, they have now developed a “voluntary certification” that preparers can opt into. The program is called the Annual Federal Tax Refresher Course; and yes, successful completion of the […]
Just as quickly as we update our ITIN materials and guidelines the ITIN policy office within the IRS has changed their stance yet again! Just released: ITINs (Individual Taxpayer Identification Numbers) will expire after 5 consecutive years of non-filing use. This is a change from the services’ previously stated policy of automatically expiring ITINs after […]
The IRS has been alerted to a new email phishing scam. The emails appear to be from the IRS and include a link to a bogus web site intended to mirror the official IRS web site. These emails contain the direction “you are to update your IRS e-file immediately.” The emails mention USA.gov and IRSgov, […]