The Progressive Accountant
IRS Halting Transcript Faxing
- Thursday, 20 December 2018
The Internal Revenue Service will stop its tax transcript faxing service as of February 4. The decision applies to business tax and individual tax transcripts. The IRS said it is another step in protecting data, which started with the IRS’ masking personally identifiable information on the transcription starting last September.
CPA Gets Term in Client Fraud
- Tuesday, 18 December 2018
A California CPA has been sentenced to eight months in prison for helping client avoid $4.7 million in taxes. Marc Howard Berger, 68, of Walnut Creek, Calif., drew the sentence for aiding and assisting in the filing of false tax returns.
Intuit Releases Tax Reform Calculator
- Tuesday, 18 December 2018
Intuit has introduced a free Tax Reform Calculator, along with a Standard vs. Itemized Deduction Interactive Tool. The software company said this week the utilities are designed to educate taxpayers about how tax reform impacts them.
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