by RightWay | Nov 4, 2021 | IRS
IRS QUICK ALERT: CUTOVER 1040 MODERNIZED E-FILE (MEF) PRODUCTION SHUTDOWN AND CUTOVER The IRS announced that E-file will “shutdown” will begin on Saturday, November 20, 2021, at 11:59 p.m. Eastern time, in order to prepare the system for the upcoming Tax Year 2021...
by RightWay | Oct 26, 2021 | Uncategorized
CLIFFNOTE: Tax Law Updates Here is a quick teaser – Did you know for 2021, there is no MAX age for EITC. Your client could be 80 years old and still be eligible! This is our short list of significant updates you need to know about .. Click HERE to download...
by RightWay | Jun 30, 2021 | IRS, Tax Law, Uncategorized
Who, What, When … Etc. This should go off without a hitch! And be an absolute joy to explain to clients why their refund is smaller! And reconcile on next years tax returns! (Heavy Sarcasm) … None the less, here are the facts. Who is eligible for Advance...
by RightWay | Mar 31, 2021 | Uncategorized
IRS WILL AUTO RECALCULATE TAXES ON UNEMPLOYMENT Quick Summary: Taxpayers who filed prior to change to the handling of Unemployment Benefits IRS will AUTO Recalculate IRS will refund any resulting overpayment or apply to outstanding taxes owed The first refunds are...
by RightWay | Mar 17, 2021 | Uncategorized
IRS Announces Filing Deadline has been extended till May 17. Click Here to read full IRS Bulletin