Bob Scott

Bob Scott

Pro Tax Filings Accelerate

Self-prepared returns almost caught up with last year’s tax season as the rate of filing by professionals accelerated. The DIY efiles were down .4 percent for the 43 filing days ended March 26, from the 61 days ended March 27, 2020.

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CCH Tax Apps Get Crypto Links

Wolters Kluwer has added cryptocurrency integration to its CCH Axcess Tax and ProSystem fx Tax preparation applications. The integrations have been made available via partnerships with CoinTracker and Verady, which markets Ledgible Tax Pro.

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IRS to Redo Taxes on Unemployment

The Internal Revenue Service will automatically recalculate taxes on unemployment benefits in light of the American Rescue Plan. The agency will automatically refund money for those  who filed returns before the law was signed on March 11 and are eligible for such aid.

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