Juggling sales tax spreadsheets, tracking deadlines and schedules, and manually filing with each jurisdiction is a drain on your business. Avalara Returns for Small Business helps small businesses reduce sales tax return prep time and eliminates the ...
A tax transcript is a summary of a tax return. Transcripts are often used by tax professionals to prepare prior year tax returns or represent the client before the IRS. Lenders and others use tax transcripts for income verification purposes.
Normally, retirees in their seventies or older arrange to receive required minimum distributions (RMDs) from retirement accounts at the end of the year. Otherwise, they could be held liable for a severe tax penalty, on top of the ...
Taxaroo will be the first to bring to market a video and texting integration, as well as built-in Spanish workflows. In total there are seven new features, including: integrated chat, scheduling functions, referral tracking ...
While most eligible individuals automatically received their Economic Impact Payment, others who don’t have a filing obligation can only get their money by registering online with the IRS. The only way to do that is to use the Non-Filers to ...
The Department of the Treasury and the Internal Revenue Service have issued guidance for employers and employees with terminating 403(b) plans that fund benefits through 403(b)(7) custodial accounts. The guidance reflects changes provided in the ...
In the wake of the 2020 election, many expect that the Biden administration will seek to engage Congress to enact new tax legislation in order to raise revenue to pay the costs associated with the pandemic and other government programs.
States are now requiring gig platform companies to report their workers’ earnings through a 1099-K form - directly to the state. While gig platform companies provide this form to the Internal Revenue Service (IRS), they don’t provide it for ...