Author Archive
Thursday, July 31st, 2008
The earthquake in California reminds us of others who have faced natural disasters. The IRS is extending the deadline, until August 29, for victims of natural disasters in the Midwest to file certain returns, make tax payments and perform time-sensitive acts. This announcement affects counties in Indiana, Iowa, Illinois, Nebraska, ...
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Tuesday, July 15th, 2008
Tax preparers nationwide have accepted the Tax Hero Challenge and we found the first five tax heroes. Jack of Pennsylvania, John of Wisconsin, Harvey of Texas, Peter of Pennsylvania, and Irwin of Illinois each received an iPod® touch for calculating the biggest refund legally possible during the first round. Congratulations to our winners and ...
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Tuesday, July 8th, 2008
As of July 1, the tax credit for purchasing a Honda hybrid was halved again. The credit is now $525. The credit is set up so when a manufacturer sells 60,000 hybrid vehicles, the credit begins to diminish until it is no longer available. Toyota hybrids are already ineligible for ...
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Tuesday, July 1st, 2008
We have created a new line of communication for you and other tax professionals by introducing TaxWorks Forums (http://forums.taxworks.com/). If you have ever wanted to share your ideas about the tax industry, seek the advice of other tax preparers, or simply join a community of like-professionals, here's your chance.
The forum ...
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Tuesday, June 24th, 2008
It seems gas prices are affecting every aspect of our lives from rising food costs to, of course, expensive transportation. However, you and your clients may get some relief when it comes to transportation. The IRS announced on Monday that there is an increase in the optional standard mileage rates ...
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Thursday, June 12th, 2008
The 2008 tax season officially ended almost two months ago—we've all had a chance to unwind and hopefully take a vacation.
During the offseason, there are many things you can do to make next tax season run smoothly and be profitable. After all, there are only 202 days left to prepare. ...
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Thursday, June 5th, 2008
The Asset Manager is a powerful tool that will handle all of your fixed asset needs. There are more than 60 methods available to calculate depreciation. Section 179 expenses and special depreciation allowance (bonus depreciation) calculations are also available. The necessary federal forms are calculated as well as any adjustment ...
Posted in Professional Tax Software, Uncategorized | Comments Off
Thursday, May 29th, 2008
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Wednesday, May 28th, 2008
TaxWorks offers free electronic filing for all individual and 1040 states that have an e-file program, as well as some federal business returns and business state returns. We also offer competitively priced bank products with many different disbursement types. This means we're with you every step of the way, from ...
Posted in Efile Taxes | Comments Off
Thursday, May 22nd, 2008
As part of our summer marketing campaign, TaxWorks is searching for America's greatest tax heroes. You can put your knowledge and experience to the test in the Tax Hero Challenge. Here's how it works—every two months starting now, we will release a client profile on the Tax Hero Challenge website. The ...
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