Blog categorized as Taxes

After the 2024 tax season we took the time to research the current tax preparation "software" market tailored for professional tax preparers. After using Intuit ProConnect since our inception nine years ago we decided to switch to MyTAXPrepOffice. The tools and UI (user interface) of MyTAX...

01/22/2026 06:20 PM

Veterans owed refunds for overpayments attributable to disability severance payments should file amended returns to claim tax refunds

IR-2018-148, July 11, 2018 — The IRS today is advising certain veterans who received disability severance payments after January 17, 1991, and included that payment as...

07/12/2018 05:13 PM
Please remember, starting this year interest paid on home equity loans and home equity lines of credit (HELOC) are no longer deductible on Schedule A of your taxes unless you used the proceeds to pay for home renovations or additions. See this article from WAPO for further explanation. www-wsj-com....
06/18/2018 11:27 AM
Just a PSA to say that the ability to prepare and e-file your 2016 taxes all online via Intuit’s TurboTax.com is now no longer possible as the IRS is no longer accepting 2016 e-filed returns. That deadline passed October 16th. E-filing via the various TurboTax products is not possible again until ...
10/25/2017 05:17 PM