Recent Articles
The IRS is seeking public feedback on proposed changes to the UTP form.
The IRS thinks the draft modifications to Schedule UTP and its instructions will benefit the form. For the 2022 tax year (the processing year 2023) Schedule UTP and the UTP Instructions, taxpayers have until the end of the day on...
What Retirees Should Know About IRA Contribution and Income Limits in 2023
Here’s what employees should know about the IRS’s most recent changes. If you use a traditional or Roth IRA to save for retirement, the IRS has some good news for you. You can make an extra $500 contribution to either...
CPA Communication Tips for the Digital Age
Keep customers by customizing their services to suit each person’s needs and focusing on the most important tasks, like boosting their business’s revenue. The year 2022 will come to an end, and a new year will begin. Every year, we...
The IRS Appeals Office has established its priorities for the coming year.
The IRS Independent Office of Appeals has laid out a taxpayer service initiative that is scheduled to begin in 2023. The IRS Independent Office of Appeals on Friday released its focus guide for the fiscal year 2023, which outlines actions...
When to Expect IRS Income Tax Refunds in 2023 – Estimates
This chart depicts an estimated timeline for when a taxpayer will likely receive their refund, based on current information and projections from previous years—and depending on when an individual files their return. Although it’s way too early to be considering...
Accounting Firm Startup Tips
It can take a lot of work to launch a CPA firm, but having the freedom to decide what technology to use and what kind of business to pursue can make it worthwhile. Are you prepared to strike out on...