Browse all articles tagged with irs. Expert insights for tax accountants.
The IRS requires knowledge-based authentication when a client e-signs Form 8879 remotely. Here is when KBA applies, when it does not, and what to do instead.
Chasing documents, collecting 8879 signatures, sorting bank statements into Schedule C categories, retyping invoices. These are the hours nobody pays you for. Here is the workflow that removes them, plus an honest account of what the software does and does not do.
Form 8879 authorizes e-filing a tax return; Form 8878 authorizes e-filing an extension with a payment. Here is the difference, and when you need each one.
Software and SaaS subscriptions have no dedicated Schedule C line. Here is where they actually go, Office expense or Other expenses, and how to stay consistent.
A line-by-line guide to every Schedule C expense category, the gray areas people get wrong (software, home office, meals, vehicle), and what is not deductible.