by RightWay | Aug 18, 2020 | IRS, Tax Law
IRS announces 2021 PTIN Fees for tax return preparers WASHINGTON — The Internal Revenue Service announced today the annual fee for 2021 that tax return preparers must pay to apply for or renew their Preparer Tax Identification Number (PTIN). In final...
by RightWay | Aug 18, 2020 | Best Tax Software, Features, IRS, Software, Tax Software
IRS ANNOUNCES THE ABILITY TO ELECTRONICALLY FILE 1040-X We will be rolling out electronic filing for the 1040X over the next several weeks. We anticipate enabling the ability in Pro Online by the end of September. We will post updates as well roll this out across...
by RightWay | Aug 18, 2020 | IRS
Over the last few weeks we received a number of calls regarding taxpayers refund checks being slightly larger than anticipated. We correctly concluded the difference had to be interest payments from the IRS. We have never seen so many payments with interest but...
by RightWay | Apr 28, 2020 | IRS, Marketing, Training, Uncategorized
Due to the Virus craziness, E-file numbers have taken a steep dive into the toilet. Last year at this same time, more than 126 Million Tax returns had been filed. As compared to the most recent IRS numbers reporting less than 106 Million filings. Which translates to...
by RightWay | Dec 10, 2019 | Tax Law, Uncategorized
Due Diligence Compliance is no joke! We have all heard the saying, “the best offense is a good defense”. Your best defense in a due diligence audit is knowing the rules and having the documentation/notes to back it up! Below is a summary of Preparer Due...