Archive for the ‘Uncategorized’ Category
Thursday, August 21st, 2008
ArkWorks was originally created to work hand-in-hand with TaxWorks Professional Tax Software. The linking between the two applications makes it easy to move from a paper-based office to a paperless office. Using TaxWorks’ Advanced Form defaults, you can print the client’s signature copy, email a PDF copy, and save a ...
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Thursday, August 14th, 2008
The IRS has provided additional information regarding payments received under the Economic Stimulus Act of 2008.
In a release on the IRS website regarding the Stimulus Act, if a taxpayer's tax refund was deposited (as directed by their tax return) into a direct deposit account, the stimulus payment would follow the ...
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Thursday, August 14th, 2008
Some have asked about the winning returns for round 1 of the the Tax Hero Challenge. Elvis the Sheetrocker had to pay taxes, so the preparers who calculated the lowest tax due won. The iPod-winning returns are as follows:
Jack - $6589
John - $6878
Harvey - $7660
Peter - $7660
Irwin - $7660
We wish everyone good ...
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Monday, July 28th, 2008
Some paperless office applications do not lend themselves to saving electronic copies of their files outside of their system. However, most should allow you to print their output to a Windows-based printer. For this reason, ArkWorks includes a printer driver that will take the data and convert it to a ...
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Tuesday, July 15th, 2008
Tax preparers nationwide have accepted the Tax Hero Challenge and we found the first five tax heroes. Jack of Pennsylvania, John of Wisconsin, Harvey of Texas, Peter of Pennsylvania, and Irwin of Illinois each received an iPod® touch for calculating the biggest refund legally possible during the first round. Congratulations to our winners and ...
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Monday, July 14th, 2008
In a paperless office environment you may have several documents that are already in an electronic format. In ArkWorks these documents can be converted to PDF or stored in their native format. Alternatively, you can drag and drop documents from the Windows desktop, Windows Explorer, or attachments to emails in ...
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Thursday, July 10th, 2008
Be wise on how you include mortgage interest when calculating your tax returns.
Mortgage interest owners pay on loans up to a million dollars ($500,000 if you use the married filing separately status) is deductible, provided they used the money to buy, build, or improve their home.
Mortgage interest they pay on loans secured ...
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Tuesday, July 1st, 2008
We have created a new line of communication for you and other tax professionals by introducing TaxWorks Forums (http://forums.taxworks.com/). If you have ever wanted to share your ideas about the tax industry, seek the advice of other tax preparers, or simply join a community of like-professionals, here's your chance.
The forum ...
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Tuesday, June 24th, 2008
It seems gas prices are affecting every aspect of our lives from rising food costs to, of course, expensive transportation. However, you and your clients may get some relief when it comes to transportation. The IRS announced on Monday that there is an increase in the optional standard mileage rates ...
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Friday, June 20th, 2008
Tax day has come and gone, and your client either didn't file at all, filed without paying your balance due, or filed and only paid part of your balance. Whether they need more time to file paperwork or more time to pay, here's what to expect.
They filed on time but ...
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