by Quality Financial Services LLC | Aug 23, 2023 | Tax Tips and News
The results are in for the Drake Software 2023 Contactless Tax Preparation survey! While the 2020 filing season jettisoned the tax industry into a virtual arena, the 2023 season seems to indicate that contactless tax preparation has some staying power. More than 900 participants from tax offices across the nation (including attorneys, CPAs, EAs, and other preparers) shared their preferences and insight in the 2023 Contactless Tax Preparation survey. Download the Drake Software 2022 Contactless Tax Preparation Infographic for the results!… Read more about 2023 Contactless Tax Preparation [Infographic] (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Quality Financial Services LLC | Aug 23, 2023 | Tax Tips and News
In the NATP 2023 Software Survey which uses a scale of 1 to 5, Drake Software received 4 stars and above in every survey category. Drake claimed an impressive Net Promoter Score rating of excellent and received standout rankings. Read our latest blog post to learn what responders like most in their tax software.… Read more about Drake Ranked Excellent in All Categories of 2023 NATP Survey (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Quality Financial Services LLC | Apr 11, 2023 | Tax Tips and News
Paper returns have historically been slower to process due to the Internal Revenue Service having to manually transcribe information, leading taxpayers who want to more quickly receive their refund to electronically file. However, there could be a light at the end of the tunnel for those who either prefer or are required to file paper returns.… Read more about IRS Digital Intake Initiative Underway (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Quality Financial Services LLC | Apr 11, 2023 | Tax Tips and News
Identity theft usually takes center stage during most tax-scam discussions. After all, so much of our personal and professional lives take place online in emails, texts, and direct messages—all of which are ripe targets for phishing attacks. However, not all identity threats are limited to inboxes.… Read more about 2023 Dirty Dozen: Ineligible Employee Retention Credit Claims (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Quality Financial Services LLC | Apr 11, 2023 | Tax Tips and News
The IRS recently published a tax tip explaining Form 1099-K, covering why taxpayers receive it, how to address incorrect forms, and recent updates to reporting rules. This update comes almost three weeks after reports emerged that some taxpayers received incorrect forms.… Read more about IRS Issues Tips for the 1099-K (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Quality Financial Services LLC | Apr 11, 2023 | Tax Tips and News
The Inflation Reduction Act of 2022 (IRA) updated the Clean Vehicle Credit to make US-manufactured electric and fuel cell vehicles more attractive to American car buyers. Since provisions in the legislation changed several qualifying requirements that take effect in 2023, the Internal Revenue Service has been steadily issuing guidance since January.… Read more about IRS Clarifies Mineral, Battery Component Requirements for Clean Vehicle Credit (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…