Tax Blog
Tips to help you prepare for tax season
The latest tax tips and news from HighClass Bookkeeping & Tax Services
2023 IRS Disaster Relief
Filing deadlines often change for taxpayers in regions that experience natural disasters. When these extreme weather events hit, the IRS frequently pr
IRS Imposes Moratorium on Improper Employee Retention Credit Claims Amid Rising Fraud Concerns
As of last week, the Internal Revenue Service (IRS) has taken decisive action to address concerns regarding the improper filing of Employee Retention
IRS Shifting Audit Focus Toward More High-Income Taxpayers
The Internal Revenue Service says it’s about to move its main audit spotlight from the everyday working-class individual taxpayer to those engaged i
Contactless Tax Preparation – Here to Stay
By Matt Jagst, Drake Software Head of Product
For many tax and accounting firms, methods of client interaction changed dramatically in the spri
Form 8300 to Shift to Electronic Filing Platform
The push toward an all-electronic filing future continues at the IRS. The agency’s latest move has Form 8300, Report of Cash Payments Over $10,000,
News for Tax Professionals
Any successful tax preparer knows how to navigate a constant state of flux, as financial regulations, laws, and client expectations can change at a mo
Latest tips from the IRS
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