At the start of tax season, I reported that the IRS was using new technology focused on photo identification for verification. Specifically, taxpayers who wanted
Read MoreCategory: technology
Keeping Up with New Tax Technology Amid the Changing Tax Code
While the subject of partnerships has brought Kelly many headaches, many tax professionals are drawn to them because of their notorious detail and nuance. It
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How Technology in Finance Provides Job Security to Savvy Tax Professionals
When it comes to tax and technology, our understanding of the implementation often ends at, “My clients upload their data to the cloud.” But there’s
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Transfer Pricing: Digital Transformations and Transparency
Transfer pricing may be one of the most talked-about and least understood tax topics right now. The underlying concept is simple: it’s the method for
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How Virtual Tax Prep Can Be A Better Experience For Tax Pros and Taxpayers
Many tax accounting firms were busy in 2020 despite the challenges of the pandemic, but not all of them experienced record-breaking positive growth. By staying
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Maryland’s New Digital Advertising Tax: Is It A Workable Solution?
With states needing to fill budget holes, politicians are looking for new sources of revenue. Maryland recently became the first in the United States to
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What’s Section 230 And What Does It Have To Do With The Stimulus Checks?
I’ve been asked a lot recently about section 230 – a phrase that’s been tossed around a lot with respect to stimulus checks. Section 230
Read MoreIRS-CI Announces Charges Against Three Individuals In Twitter Hack
Internal Revenue Service – Criminal Investigations (IRS-CI) has announced charges against three individuals for their alleged roles in the Twitter hack that occurred on July 15, 2020.
Read MoreIRS Clarifies Treatment Of Fortnite & Gaming Currencies On Your Taxes
Gamers (and their parents) can finally breathe a sigh of relief: Fortnite virtual currency is not taxable. If you’ve seen headlines suggesting that it is
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Check Your Tax Refund And More With IRS2Go
The tax filing season opens on January 27, 2020. If you’re looking for ways to keep on top of things, check out IRS2Go, the official
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