by RightWay | Aug 12, 2024 | IRS
IRS relief now available to Hurricane Debby victims in all of South Carolina, most of Florida and North Carolina, part of Georgia; various deadlines postponed to Feb. 3, 2025. WASHINGTON — The Internal Revenue Service today announced tax relief for individuals...
by RightWay | Aug 7, 2024 | IRS, Security, Software, Tax Law, Tax Software
The Internal Revenue Service reminds tax professionals that using multi-factor authentication is now more than an important protection for their businesses and their clients – it’s now a federal requirement. All tax professionals are now required to use multi-factor...
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 | 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 2, 2021 | IRS, Security
IRS unveils new online identity verification process for accessing self-help tools The IRS ID Verify process was way over due for an upgrade. Successfully verifying on their old platform was an act of God. Rumor is this process is much easier… probably because...