by TallyPage Accounting and Bookkeeping | Nov 11, 2023 | Tax Tips and News
The Internal Revenue Service has given small business owners and others who may have unintentionally filed inaccurate claims for the Employee Retention Credit (ERC) a way to escape a portion of the monetary consequences for filing a bogus tax claim. The IRS has...
by TallyPage Accounting and Bookkeeping | Nov 11, 2023 | Tax Tips and News
Drake Software® Update Schools return this year in 4 U.S. cities plus our hometown of Franklin, NC! Experts from Drake Software including Chief Revenue Officer John Sapp, CPA; Director of Education Christine Reynolds; Software Trainer Ann Campbell, CPA, CIA and...
by TallyPage Accounting and Bookkeeping | Nov 11, 2023 | Tax Tips and News
As we prepare for the 2024 tax season, the IRS is also updating regulations for tax forms and filing requirements. One such regulation establishes a new threshold for electronic filing of certain returns. This change has implications for employers and taxpayers alike,...
by TallyPage Accounting and Bookkeeping | Nov 11, 2023 | Tax Tips and News
We are just weeks away from a new tax season, and that means it’s time for tax professionals to renew their Preparer Tax Identification Numbers (PTINs). This identification number expires annually on December 31st for paid tax professionals. There are currently...
by TallyPage Accounting and Bookkeeping | Aug 17, 2023 | Tax Tips and News
The 2023 Software Survey conducted by the National Association of Tax Professionals (NATP) unveils insightful findings regarding tax professionals’ experiences with their chosen tax preparation software. Covering attributes ranging from reliability to customer...