Remove 2023 Remove online accounting Remove tax preparation
article thumbnail

Oct. 16, 2023, is Deadline for Millions Who Filed Tax Extensions; But Many Get More Time Due to Disasters

CPA Practice

However, taxes expected to be owed were required to be owed by the original April 18, 2023, deadline. For 2023, however, many taxpayers who had received an extension to file, also later faced various forms of natural disasters for which the IRS has granted additional time to file. 31, 2023, to file. 15, 2023, to file.

article thumbnail

Oct. 16, 2023, is Deadline for Taxpayers with an Extension

CPA Practice

However, taxes expected to be owed were required to be owed by the original April 18, 2023, deadline. For 2023, however, many taxpayers who had received an extension to file, also later faced various forms of natural disasters for which the IRS has granted additional time to file. 31, 2023, to file. 15, 2023, to file.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2023 Readers’ Choice Awards – The Readers Have Voted!

CPA Practice

And now, the results are in: IN-FIRM TECHNOLOGIES Federal/State Income Tax Preparation Insight : As was true in every year of voting, the tax prep system category is always the most voted-on, with nearly all respondents selecting a preferred system. We thank the more than 5,000 professionals who participated in voting this year.

article thumbnail

Tax Season to Start January 29, 2024

CPA Practice

Building off the success of the 2023 tax season that saw significant improvements following passage of the Inflation Reduction Act, the 2024 filing season will continue reflecting the focus on improving services to taxpayers. Taxpayers will continue to see helpful changes at the IRS following onngoing transformation work.

Tax 133
article thumbnail

IRS Starts Accepting Returns and Extends Hours at Tax Assistance Centers

CPA Practice

The Internal Revenue Service opened the 2024 tax season on January 29, 2024, accepting and processing federal individual tax returns, and announcing that it expects more than 146 million individual tax returns for 2023 to be filed this filing season. Online Account.

article thumbnail

New Products at QuickBooks Connect Help Accountants Drive Small Business Growth

CPA Practice

Accounting professionals are our most valued partner; QuickBooks Connect allows us to foster deeper relationships with them so we can work better together to empower and fuel small business success,” said Jeremy Sulzmann, vice president of the Partners Segment Business for Accountants at Intuit QuickBooks.

article thumbnail

Tax Pros Now Required to Use Multi-Factor Authentication to Protect Client Data

CPA Practice

All tax professionals are now required under the Federal Trade Commission’s safeguards rule to use multi-factor authentication, or MFA, to protect clients’ sensitive information. In addition, taxpayers connecting to the IRS will be asked to set up MFA to create an IRS Online Account. The size of the company does not matter.

Tax 119