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Support Hours for July 4th Holiday

 Our offices will be closed on Friday, July 2 and Monday, July 5 in observance of Independence Day. Regular Chat and Phone Support hours will resume on Tuesday, July 6.

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Monthly Child Tax Credit recipients can now update direct deposit information

 (IR-2021-143, June 30, 2021) IRS: Families receiving monthly Child Tax Credit payments can now update their direct deposit informationWASHINGTON — The Internal Revenue Service today upgraded a key...

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IRS readies nearly 4 million refunds for unemployment compensation overpayments

 The Internal Revenue Service announced today it will issue another round of refunds this week to nearly 4 million taxpayers who overpaid their taxes on unemployment compensation received last...

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Client Accounting Suite/Premier (CAS/P) version 20.5 is available

The Client Accounting Suite 20.5 update is ready for download. This update contains the latest Form 941 changes. At this time, the auto-update feature in Client Accounting Suite is not available for...

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IRS: Monthly Child Tax Credit payments begin

 IRS: Monthly Child Tax Credit payments beginWASHINGTON — The Internal Revenue Service and the Treasury Department announced today that millions of American families have started receiving monthly...

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The IRS has launched the Tax Pro Account for tax professionals

 The IRS has launched the new Tax Pro Account on irs.gov.  This new feature is one of many recent enhancements to the Online Account for individuals.  It provides the ability for taxpayers to connect...

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More than 2.2 million additional Economic Impact Payments disbursed under the...

 The Internal Revenue Service, U.S. Department of the Treasury, and the Bureau of the Fiscal Service announced today they have disbursed more than 2.2 million additional Economic Impact Payments under...

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Security Summit: Tax pros should encourage clients to obtain IP PINs to...

The IRS, state tax agencies and the nation’s tax industry – working together as the Security Summit  –  need assistance from tax professionals to spread the word to clients that the IP PIN is now...

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IRS: Families now receiving August Child Tax Credit payments; still time for...

WASHINGTON — The Internal Revenue Service and the Treasury Department announced today that millions of American families are now receiving their advance Child Tax Credit (CTC) payment for the month of...

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Security Summit warns tax pros to watch for tell-tale signs of identity theft

The IRS, state tax agencies and the tax industry – working together as the Security Summit– reminded tax professionals that they should contact the IRS immediately when there’s an identity theft issue...

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Microsoft Windows 11 not supported for TaxWise 2021 software

 At this time, we are unable to officially support our 2021 software products on the new Microsoft Windows 11 operating system for the upcoming tax season.  While preliminary testing against the...

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COVID Tax Tip 2021-120: Here’s how tax pros can help clients battle...

Unemployment compensation fraud was one of the more common identity theft schemes that emerged in 2020 as criminals exploited the COVID-19 pandemic and the resulting economic impact.Unemployment...

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New York Experiencing Ack Processing Delays

New York State is currently unable to retrieve MeF submissions and send acknowledgements.  They are working on a resolution.Once New York notifies us that the issue has been resolved and normal...

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Indiana Experiencing Ack Processing Delays due to scheduled maintenance

 The Indiana Department of Revenue (DOR) will launch the third phase (Rollout 3) of its multi-year tax system modernization initiative, Project NextDOR, on Tuesday, Sept. 7, 2021. As DOR continues its...

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Child Tax Credit: New update address feature available with IRS online portal

The Internal Revenue Service has launched a new feature allowing any family receiving monthly Child Tax Credit payments to quickly and easily update their mailing address using the Child Tax Credit...

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Upcoming Connecticut MeF Outage

The Connecticut Department of Revenue Services announced a planned outage starting around 11:30 AM on Thursday, September 2,2021as they transition to a new system. The transition is expected to be...

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Taxpayer can protect themselves from scammers by knowing how the IRS...

Please share this information with your clients.If the IRS does call a taxpayer, it should not be a surprise because the agency will generally send a notice or letter first. Understanding how the IRS...

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Tax pros: Beware of pandemic-related email schemes

All tax pros need to beware of evolving phishing scams that use various pandemic-related themes to steal client data. It is the tax preparer’s responsibility to secure their network to protect taxpayer...

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Low-income families still have time to sign up for advance child tax credit...

 It's not too late for low-income families to sign up for advance child tax credit payments.The IRS urges anyone who normally isn't required to file a tax return to explore the tools available on...

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Bank Enrollment Application Closing

The Enrollments application for Tax Year 2020 will be offline at 10PM EST today, Aug 31, 2021. Any changes you need to make with your bank provider should be done with the bank partner directly. The...

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