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Tech news: Taxfyle rolls out AI tool for small tax pros

Accounting Today

Sockeye, based in Alaska, brings this specialization across construction, real estate, not-for-profit organizations, oil and gas, and Alaska Native Corporations. All rights reserved. The acquisition will enhance Baker Tillys Sage Intacct capabilities and accelerate its strategic focus on the construction sector.

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Senate Republicans plan major revisions to Trump tax bill

Accounting Today

While Republicans are generally in favor of new work requirements for able-bodied adults to be insured by Medicaid, some moderates like Senator Lisa Murkowski of Alaska have expressed concern over giving states just a year and a half to implement the requirement. All rights reserved.

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Public land sales blocked from Trump's tax bill

Accounting Today

Democrats are challenging more portions of the Senates bill including measures that would mandate oil and gas lease sales in Alaskas National Petroleum Reserve. By Michael Cohn 4h ago Tax House vs. All rights reserved. A provision nullifying lengthy environmental reviews for offshore oil and gas projects was also thrown out.

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Oct. 16, 2023, is Deadline for Millions Who Filed Tax Extensions; But Many Get More Time Due to Disasters

CPA Practice

These areas include: Taxpayers affected by flooding in Illinois and Alaska. 16 and lets qualified taxpayers prepare and file federal income tax returns online using guided tax preparation software. Some other key points to keep in mind when filing and paying federal taxes electronically include: Convenience.

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IRS Cautions Tax Pros About New EFIN Email Scam

CPA Practice

The IRS warned that scammers are posing as tax software providers and requesting EFIN documents from tax professionals under the guise of a required verification to transmit tax returns. Alaska │7 a.m. Alaska │8 a.m. Alaska │9 a.m. Alaska │10 a.m. Alaska │10 a.m. Mountain & Arizona│9 a.m.

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Oct. 16, 2023, is Deadline for Taxpayers with an Extension

CPA Practice

These areas include: Taxpayers affected by flooding in Illinois and Alaska. They typically have 180 days after they leave the combat zone to file returns and pay any taxes due. 16 and lets qualified taxpayers prepare and file federal income tax returns online using guided tax preparation software.

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IRS to Try Out Its Free E-Filing Tax Return Program in 13 States Next Year

CPA Practice

According to the IRS, Arizona, California, Massachusetts, and New York have decided to work with the agency to integrate their state taxes into the Direct File pilot program for the 2024 filing season. In addition, the state of Washington agreed to join the integration effort for its application of the Working Families Tax Credit.