by taxPRO Websites Staff | Dec 28, 2021 | Tax Tips and News
As recovery efforts spread across parts of the south in the wake of the December 10 tornadoes, the Internal Revenue Service is expanding its effort to give affected taxpayers in the region a helping hand. The IRS has expanded its previously issued relief package to...
by taxPRO Websites Staff | Dec 20, 2021 | Tax Tips and News
As the phrase goes, all good things come to an end, and the Internal Revenue Service is saying just that about the advance payments of the Child Tax Credit, or CTC. In December, families who have qualified for the advance payments of the credit will get their final...
by taxPRO Websites Staff | Dec 20, 2021 | Tax Tips and News
The Internal Revenue Service has put a little more cushion into its standard mileage rates, so taxpayers won’t have such a big bite taken out of their pockets by fuel prices. The rates for 2022, which take effect on January 1, will be used to figure the deductible...
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by taxPRO Websites Staff | Dec 20, 2021 | Tax Tips and News
How do you protect your tax business from cybersecurity threats? The months leading up to filing season are packed with studying tax law changes, learning software updates, training seasonal staff, and—of course—the holidays. During the pre-season hustle, it’s easy to...
by taxPRO Websites Staff | Dec 18, 2021 | Tax Tips and News
Drake Software, LLC (“Drake”) is aware of the recently disclosed Apache Log4j Remote Code Execution Vulnerability, and has taken the following steps to ensure the continued protection of its operations and customers. Actions Upon receiving cybersecurity threat...
by taxPRO Websites Staff | Dec 17, 2021 | Tax Tips and News
The Internal Revenue Service is moving quickly to do its part in relief efforts targeting tornado victims in Kentucky. Around December 10, Kentucky residents were hit by a trifecta of terror: tornadoes, severe thunderstorms and flooding. Many small communities were...
