Tax

Source Document Processing CS Professional Suite Thomson Reuters https://Tax.thomsonreuters.com From the 2020 review of Tax Document Automation systems. Source Document Processing, available as an add-on module for Thomson Reuters CS Professional Suite, offers integration with FileCabinet CS, Workpapers CS, and UltraTax CS. Not available as a stand-alone application, Source Document Processing’s purpose is to streamline […]

The IRS, state tax agencies and the nation’s tax industry say tax firms need to review and heighten their data protection plans this summer as cybercriminals step up efforts to steal client tax information. Crooks are targeting tax professionals as ...

Taxfyle grew more than 4,500% between 2016 and 2019, by revenue, putting it within the Top 2% of this year’s Inc. 5000.

The IRS says it is looking for ways to help people who were unable to provide their information in time to receive Economic Impact Payments for their children. As part of that effort, the Internal Revenue Service announced today it will reopen the ...

Taxpayers with Transition Tax or TCJA audit adjustments should know that the completion of the federal audit could trigger reporting requirements and additional examination at the state level. The multi-state reporting of the resulting ...

Having a wage garnishment order issued is frightening. Trying to navigate through the process alone can be intimidating to the point where the taxpayer just gives up and accepts their fate.

As a general rule, if you have clients who are U.S. citizens or resident aliens, and they live abroad, they are taxed on their worldwide income. However, they may qualify to exclude from income up to $105,900 for tax year 2019 ($107,600 for tax year 2020)

Mileage Tracking is currently available on the FreshBooks iOS app for all customers based in the U.S., Canada, and the United Kingdom. More information about Mileage Tracking -- and tax time advice for ...