Tax Blog
Tips to help you prepare for tax season
The latest tax tips and news from Nature Coast Consulting & Tax
Contactless Tax Preparation – Here to Stay
Check out today’s blog! Matt Jagst, Drake Software Head of Product, shares his perspective on recent findings from a Drake Software survey of tax professionals. In this survey, tax professionals were asked to share their experience working with clients in an environment that continues to lean toward contactless services after the events of 2020 and a reliance on evolving technology. If you missed our survey, we would love to hear your thoughts in the chat below!… Read more about Contactless Tax Preparation – Here to Stay (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Shifting Audit Focus Toward More High-Income Taxpayers
The IRS plans to move its audit spotlight from the working-class individual taxpayer to those engaged in high-income activities, partnerships, large corporations, and promoters pushing schemes that abuse the tax laws. All changes are meant, the IRS says, to help restore fairness in the American income tax system. Click on our new blog post for the latest tax news.… Read more about IRS Shifting Audit Focus Toward More High-Income Taxpayers (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
News for Tax Professionals
Learn how paramount accurate and timely news is for tax preparers and discover subject areas to expand your expertise. Read the full blog post by clicking here.… Read more about News for Tax Professionals (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Hawaii Wildfire Victims Get Tax Relief from IRS
As recovery efforts are underway for victims of the devastating wildfires in Hawaii, the Internal Revenue Service is moving to give survivors one less thing to worry about. The agency has launched its tax relief package for victims in Maui and Hawaii counties that basically delays an array of federal individual and business tax deadlines until February 15, 2024. Read more from Bob William’s article in our latest blog post.… Read more about Hawaii Wildfire Victims Get Tax Relief from IRS (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
ETAAC Lays Out its 2023 Recommendations
The ETAAC released recommendations to improve electronic income tax filing in their 2023 annual report. The document asks the IRS to update their procedures and details legislation and other recommendations for both Congress and the IRS. Drake Software covers their Taxpayer Trust Model and the proposed changes in our recent blog post.… Read more about ETAAC Lays Out its 2023 Recommendations (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Drake Software Hits the Road This Summer: Join Us at IRS Tax Forums and Trade shows!
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. Our latest blog post is all about trade shows and events!… Read more about Drake Software Hits the Road This Summer: Join Us at IRS Tax Forums and Trade shows! (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Nature Coast Consulting & Tax
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