If you file 10 or more information returns to the IRS - like a 1099 - you are now required to file those returns electronically. You can file them using the Information Returns Intake system, also known as IRIS. Using IRIS is a quick and easy process that also helps reduce common errors that can happen [...]
This article was published by the IRS. Identity Protection PINs stop identity thieves from filing fraudulent tax returns. When a taxpayer chooses to participate in this program, the IRS assigns them a six-digit number which the taxpayer uses to prove their identity when they file their tax return. This extra layer of protection provides peace of [...]
Ready to make the switch from QuickBooks Desktop to QuickBooks Online, but not sure where to start? Here's how: First, learn more about QuickBooks Online to see why - and how - it's right for you and your team. If you need help deciding which plan is best for your business, use the online product finder [...]
This article was published by the IRS. Anyone pursuing higher education, including specialized job training and grad school, knows it can be pricey. Eligible taxpayers who pay higher education costs for themselves, their spouse, or dependents in 2023 may be able to take advantage of two education tax credits. The American opportunity tax credit and the [...]
Class is in session! It's time to learn how education tax credits can help pay for higher education. There are two education tax credits that can help offset the cost of higher education: the American Opportunity Tax Credit and the Lifetime Learning Credit. These can help if you're heading to college, getting specialized job training, or [...]
