Archive for the
‘Tax Software’ Category

It’s no secret that Meta’s Facebook actively wants to collect as much information on you as possible. The more it knows about your habits and hobbies, the better it can serve targeted ads and buying suggestions. Tap or click here for 10 Facebook privacy and security settings to change right now. It’s something that most […]

If you have used a popular software program to complete your tax return, it is possible details of your income have been shared with Facebook, according to a new report. The Markup reports that H&R Block, TaxAct and TaxSlayer are among the tax-filing companies that have sent personal and financial information to Facebook, including: Names […]

SurePrep LLC, an Irvine-based tax automation software company that improves tax processing for accounting professionals, is set to be acquired by Canada’s news and information giant Thomson Reuters Corp. for $500 million in cash. Thomson Reuters (NYSE: TRI) said Nov. 11 it had signed a definitive agreement to acquire SurePrep, which has been among Orange […]

Partnerships, multi-member LLCs, and S-Corporations must file a tax return every year to report income, deductions, profits, and losses for the business. Because these organizations are flow-through entities, the owners, partners, and shareholders pay taxes on the income. If you’re a general partner, Form 1065 needs to be filed for your business. If you’re an […]

Vertex’s tax software solution now integrates with SAP Hybris, an e-commerce platform for businesses. The integration is designed to enable sales and use tax calculations and returns within the Hybris suite. A key functionality now enabled within SAP Hybris by Vertex is address cleansing, a process that converts addresses formatted in different ways to a […]

For years, tax help giant Intuit quietly lobbied against the Return Free Tax System, an initiative from the IRS dating back to the 1990s to build their own self-hosted, free system for taxpayers to file. Instead of this governmental service, Intuit and other tax preparation software providers agreed to offer a free version of their […]

Nov. 17, 2022, 5:00 AM Direct supplier (T) of housekeeping and maintenance equipment and supplies to nursing homes was not entitled to a deduction for domestic production activities under former I.R.C. §199 for software it developed for maintaining a marketplace whereby nursing homes could purchase supplies as the resulting revenue was derived from providing a […]