High Quality Work…Great Customer Service.
1040 Tax Plus Services LLC is an Authorized IRS tax preparation provider and we offer top notch tax preparation services.
Learn MoreSome people do their taxes themselves and often-times they leave money on the table via missed deductions etc. There are lots of great software to help with that, but no software will reveal all of the possible deductions that maybe available.
Learn MoreWe provide big firm service without big firm prices. Our prices are not the cheapest, neither are they the most expensive. They are very competitive. But our service is top-notch, so don't sell entrust such an important matter as your tax returns with just anyone.
Learn MoreThe Treasury Department issued a strongly worded statement Friday in response to a report from the Organization for Economic Cooperation and Development on taxation of the digital economy. “The U.S. firmly opposes proposals by any country to single out digital companies,” said Treasury Secretary Steven Mnuchin. “Some of these companies are among the greatest contributors […]
A new report from Sen. Ron Wyden, D-Ore., the ranking Democrat on the Senate Finance Committee, discusses how small businesses will face more uncertainty and complexity from the Republican tax law and will ultimately need help from their accountants to figure out the pass-through deduction. The report, “Tax Code and Small Business: Even More Bizarre […]
KPMG International has introduced two new cognitive solutions under its partnership with IBM. The solutions integrate IBM Watson artificial intelligence technology with the Big Four firm’s advisory and tax services. The KPMG Contract Abstraction Tool addresses lease accounting, automating the extraction of lease contract data. The solution, which applies IBM Watson Explorer, a cognitive exploration […]
Scheming from coffee shops; disbarred and behind bars; AOTC on 3,000 returns; and other highlights of recent tax cases. Waterbury, Conn: Preparer Michael Mir, 41, has waived his right to be indicted and pleaded guilty to a federal tax offense. According to court documents and statements in court, Mir prepared more than 3,300 federal returns […]
The U.S. Chamber of Commerce is asking the Internal Revenue Service for more guidance on the Tax Cuts and Jobs Act, asking for language specifying how qualified business income and limitations on business interest should be defined, among other matters. The Chamber, which is one of the most powerful business lobbies in the country, first […]
The American Institute of CPAs’ Auditing Standards Board has issued an auditing interpretation to help accountants comply with standards from both the AICPA and the Public Company Accounting Oversight Board. Photo: AICPA Auditing interpretation No. 4, “Reporting on Audits Conducted in Accordance With Auditing Standards Generally Accepted in the U.S. and the Standards of the […]
Some employees just aren’t that into you. In fact, according to Gallup News polls, employee engagement has been flat since 2000, and only 32 percent of U.S. workers were considered engaged in their jobs in 2015. So how do you create an environment where people want to come to work and actively help you achieve […]
The Institute of Internal Auditors and Grant Thornton have published a new book on using data analytics within the internal audit function. Data Analytics: A Road Map for Expanding Analytics Capabilities discusses how internal auditors can use data analytics to deal with enterprise risks and controls. The IIA released the book at its General Audit […]
The IRS has granted many businesses affected by severe winter storms additional time to request a six-month extension to file their 2017 federal income tax returns. This extension is for victims and tax professionals affected by last week’s Winter Storm Quinn and this week’s Winter Storm Skylar that primarily hit portions of the Northeast and […]
The blockchain gang; buying vs. leasing biz cars; real estate defined for Sec. 199A; and other highlights from our favorite tax bloggers. Rough road for gas taxes Mauled Again (http://mauledagain.blogspot.com): With highways, bridges and tunnels in serious need of repair and expansion necessary in areas stifled by congestion, what brilliant idea do the supporters of […]
Powered by WordPress. AwesomeOne theme by Flythemes