Category Archives: USA

USA IRS : Business MeF Production Shutdown/Cutover Schedule

By | December 19, 2020

To ensure that all Business Returns e-filed through the Modernized e-File (MeF) system are processed timely, the following MeF Production shutdown/cutover and acknowledgment retrieval schedule has been established. It is imperative that everyone adhere to the schedule shown below. Business MeF Production Shutdown/Cutover Schedule Shutdown for “Send Submissions” only is scheduled to begin at 11:59… Read More »

USA IRS : Use Right Form to file Employment Tax Returns

By | December 17, 2020

Small businesses should make sure to use the right form when filing employment tax returns Some small businesses pay employment tax quarterly while others may pay it just once a year. The IRS advises small business owners to review the rules for filing two commonly used employment tax returns. The two forms are:    •  Form… Read More »

IRS Tax Tips : Taxpayer has the right to challenge the IRS’s position

By | December 15, 2020

Every taxpayer has the right to challenge the IRS’s position and be heard Taxpayers have the right to challenge the IRS’s position and be heard. This is part of Taxpayer Bill of Rights, which clearly outlines the fundamental rights every taxpayer has when working with the IRS. Taxpayers have the right to: Raise objections. Provide additional… Read More »

USA IRS : e-file Providers/EROs

By | February 27, 2020

This is a reminder of the e-file monitoring rules in Publication 3112, IRS e-file Application and Participation. The IRS monitors Providers through review of IRS records and during visits to Providers’ offices and other locations where Providers perform IRS e-file activities. During monitoring visits, the IRS may investigate complaints and ensure compliance with IRS e-file rules.… Read More »

USA IRS : Employment Tax for Indian Tribal Governments Inbox x

By | February 27, 2020

The IRS office of Indian Tribal Governments has updated Publication 4268, Employment Tax for Indian Tribal Governments (PDF). The revised publication: Provides information to tribes regarding employment tax matters as they pertain to federally recognized Indian tribes and their wholly-owned entities. Assists tribal entities in meeting their federal employment tax responsibilities. Provides key information on special… Read More »

How taxpayers should plan ahead for natural disasters : IRS

By | May 29, 2019

All taxpayers should plan ahead for natural disasters Floods, wildfires, hurricanes, tornados and other natural disasters happen quickly and often with little warning.  No one can prevent these disasters from happening, but people can prepare for them. Here are some things taxpayers can do to help protect their financial safety should a disaster occur. Taxpayers should: Update… Read More »

Category: USA

Home office deduction benefits eligible small business owners : IRS

By | May 28, 2019

Home office deduction benefits eligible small business owners Small business owners may qualify for a home office deduction Click here that will help them save money on their taxes, and benefit their bottom line. Taxpayers can take this deduction if they use a portion of their home exclusively, and on a regular basis, for any of… Read More »