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...
by RightWay | Oct 29, 2019 | Uncategorized
On October 23, 2019 the IRS put out a News Release encouraging Tax Preparers to renew their PTINs early through the online renewal process. The renewal process is supposed to take no more than 15 minutes. So, just get it done! Click HERE to read the entire article....
by RightWay | Sep 27, 2019 | IRS, Tax Law
Not much to say on this topic but we though it was worth letting you know. For the upcoming filing season. the IRS recently announced the W-2 verification code will be going away. Why? Well, they implemented this thing called technology which makes things faster and...
by RightWay | Sep 12, 2019 | IRS, Tax Law, Training
Yeah, “Postcard” In 2018, the IRS introduced the “postcard” Form 1040. The new 1040 was promoted as a simpler version of the previous two‐pager. To “reduce” the size of the 1040, the IRS blew it apart and moved certain pieces to six new...
