Prepare Now to Be Ready for Hurricane Season

Prepare Now to Be Ready for Hurricane Season

The US coastline is about to face the worst of the 2022 hurricane season, and many businesses within a day’s drive are taking steps to prepare. While weatherproofing buildings and fueling generators is important, for tax professionals, there are a few more simple steps to be sure your business is ready to weather the storm.… Read more about Prepare Now to Be Ready for Hurricane Season (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Security Summit Announces New Sample Security Plan

Security Summit Announces New Sample Security Plan

Most tax-season-preparation checklists include updating software, reviewing tax law changes, earning continuing professional education credits, and training seasonal staff. Creating or updating a written information security plan (WISP) is one often-overlooked item that should make everyone’s list. After all, tax professionals are required by the Federal Trade Commission’s Safeguards Rule to have one of these plans in place to protect client information.… Read more about Security Summit Announces New Sample Security Plan (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Announces Tax Relief for Kentucky Flood Victims

IRS Announces Tax Relief for Kentucky Flood Victims

This summer, the country has been hammered by extreme weather—from oppressive heat waves to torrential rains. In response to deadly flooding in Eastern Kentucky, the Internal Revenue Service announced tax relief for counties the Federal Emergency Management Agency declared disaster areas.… Read more about IRS Announces Tax Relief for Kentucky Flood Victims (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

ETAAC Recommends IRS Funding, MeF Enhancements

ETAAC Recommends IRS Funding, MeF Enhancements

One of the Internal Revenue Service’s main advisory committees is asking Congress to give the agency the funding it needs to function well. The recommendations, split into two categories, come from the Electronic Tax Administration Advisory Committee, or ETAAC, in its annual report to Congress.… Read more about ETAAC Recommends IRS Funding, MeF Enhancements (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…