by RightWay | Oct 13, 2020 | IRS, Tax Law
FYI – PTIN Registration is Open! The IRS published a News Release on July 15, 2020 stating in summary: The IRS set a $21 fee per Preparer Tax Identification Number (PTIN) application or renewal (plus a $14.95 fee payable to a contractor). Anyone who prepares or...
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 | Oct 29, 2019 | IRS, Tax Law, Training
1040 MeF Cutover Date and Time The IRS just put out a Quick Alert for Tax Professionals alerting everyone to the upcoming e-File Shutdown. Every year the IRS shuts down the e-File system to prepare for the upcoming tax season. The date for this years cutover is...
