by TallyPage Accounting and Bookkeeping | Aug 10, 2023 | Tax Tips and News
Is contactless tax preparation the future of the industry? While the 2020 filing season jettisoned the tax industry into a virtual arena, the 2023 season seems to indicate that contactless tax preparation has some staying power as tax professionals continue to adapt...
by TallyPage Accounting and Bookkeeping | Aug 7, 2023 | Tax Tips and News
Summer events for the tax industry are in full swing as professionals from around the country gather to share resources, insight, software, and tools for the 2024 filing season. The Drake Software team has enjoyed the time on the road and the opportunities to meet...
by TallyPage Accounting and Bookkeeping | Aug 7, 2023 | Tax Tips and News
The Internal Revenue Service says it has constructed a blueprint for its future called the Paperless Processing Initiative. The plans are aimed at eliminating up to 200 million pieces of paper every year, while cutting processing times in half and speeding up refunds...
by TallyPage Accounting and Bookkeeping | Jul 19, 2023 | Tax Tips and News
A key Internal Revenue Service advisory committee has issued its recommendations for 2023, in an effort to keep the IRS – and Congress – on point with improvements to the nation’s income tax filing system. The Electronic Tax Administration Advisory...
by TallyPage Accounting and Bookkeeping | Jun 13, 2023 | Tax Tips and News
Weeks of record flooding and mountain snows brought on by an “atmospheric river” in California resulted in a federal disaster declaration from the Federal Emergency Management Agency (FEMA). While disaster victims received tax relief from filing and payment...