by RightWay | Aug 14, 2019 | IRS, Tax Law
2 Million ITIN’s set to Expire on 12/31/2019 The IRS just released a bulletin as a reminder that certain ITIN numbers need to be renewed before 12/31/2019. Click HERE to read the full article
by RightWay | Apr 17, 2019 | IRS, Tax Law, Training, Uncategorized
The Revenue Code provides taxpayers who timely filed their return or extension a five day grace period to “Perfect” (resubmit) their return/extension if it was rejected! So, the clock is ticking and we can assure you, there is no grace to be had after this...
by RightWay | Apr 17, 2019 | Bank Products, Business, IRS, Tax Law
Most taxpayers and to our surprise many tax preparers have been made to believe, if you don’t file your tax return by April 15th, “tax day” the IRS boogeyman will come hunt you down… That’s not entirely true. This idea is such a concern,...
by RightWay | Apr 2, 2019 | IRS, Tax Law, Training, Uncategorized
The purpose of this article is to look at and compare multiple years worth of IRS e-file data for the early part of tax season and see what it has to say. Every tax season is unique unto itself but when we compare multiple years worth of data, trends begin to...
by RightWay | Mar 29, 2019 | Features, IRS, Pro Online, Software, Tax Software, Training
It’s 11 a.m. on July 10th and you are peacefully drinking your second cup of coffee when your office phone rings. It’s one of your clients! They quickly inform you they never received their state refund. Their federal refund came through just fine in...
by RightWay | Jan 15, 2019 | IRS
Qualified Business Income Deduction IRS REJECTS F1040-439 & F1040-440 The IRS has issued guidance on Rejects F1040-439, F1040-440, F1040NR-439 and F1040NR-440. Due to rounding, the IRS Rejects were applied to some returns containing the Qualified Business Income...
