by RightWay | Nov 21, 2023 | IRS, Tax Law
IRS announces 1099-K Phase in… IRS announces delay in Form 1099-K reporting threshold for third-party platform payments for 2023; plans for a threshold of $5,000 in 2024 to phase in implementation It may not be a Christmas Miracle but this Implementation...
by RightWay | Nov 21, 2022 | IRS
Reminder: The IRS announced that the last day to electronically file individual 1040 tax returns is Saturday, November 26, 2022. All returns must be transmitted prior to 11:59 PM eastern time in order to be processed. The temporary shutdown of the Modernized e-File...
by RightWay | Oct 28, 2022 | Uncategorized
Tax Season is right around the corner… PTIN Renewal time again! All current PTINs will expire December 31st 2022 There are more than 750,000 active tax return preparers in the United States and if you’re one of them, it’s time to start renewing your...
by RightWay | Jan 10, 2022 | IRS
IR-2022-08: 1/10/22 E-file Start Date Announced WASHINGTON − The Internal Revenue Service announced that the nation’s tax season will start on Monday, Jan. 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns. The January 24 start...
by RightWay | Dec 27, 2021 | Uncategorized
YR/YR Tax Comparison Below is a download link for a 20 VS. 21 comparison of most significant changes. Download PDF of 2021 vs. 2020 comparison of tax changes We strongly advise everyone become well acquainted with these changes!
