by RightWay | Dec 17, 2020 | IRS, Software, Tax Law
In this article we have compiled the major IRS form updates for tax year 2020. Many of these forms are specific to dealing with Covid-19 and the reemergence of an old classic (1099-NEC) New tax forms for 2020 Form 1099-NEC The 1099-NEC disappeared in the early...
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 | Oct 9, 2020 | Business, IRS
As a tax preparer, you’re already well-versed in the tax laws that affect small business owners. This article is meant to serve as a guide to ensure you are compliant in your own business. From choosing a legal structure to collecting tax info for your employees,...
by RightWay | Sep 23, 2020 | Training
Steps to access e-Services Login Screen We just received a call from a client attempting to locate the IRS e-Services Login Screen. Not sure when the IRS updated the website layout, but they sure made locating the login screen more challenging (buried it)! So,...
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...
