What is Form 1099-MISC?:

Form 1099-MISC, Miscellaneous Income, is issued to a person if any of the following situations occur, when a trade or business or some other qualified organization pays: • If at least $10 in royalties or broker payments are paid to a person • At least $600 in: rents; services performed by someone who is not…

Immigrants and Tax Return Filing

  On November 20, 2014 President Obama announced an executive action on immigration which could extend relief from deportation to an estimated 5 million undocumented immigrants. The administration has not said which documents it will accept, however, we believe that the Citizenship and Immigration Services which vets applications under Homeland Security may require 5 years…

IRS announcement 1040 and Business Modernized e-File (MeF) Production Shutdown/Cutover Schedule.

The IRS announced the following shutdown schedule:

1040 MeF Production Shutdown/Cutover Schedule Shutdown begins on Saturday, November 22, 2014 at 11:59 a.m. in order to prepare the system for the upcoming 2015 Filing Season.

Business MeF Production Shutdown/Cutover Schedule
Shutdown is tentatively scheduled to begin on Friday, December 26, 2014 at 12:01 p.m.

PTIN Open Season

Renew your PTIN in 3 easy steps: 1. Access Your Account If you already have an online PTIN account, login now. 2. Renew Your PTIN Complete the online renewal application. You must verify your personal information and answer a few new questions.View a checklist of what you need before you get started. 3. Pay Your Fee Pay the…