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New Mexico weather victims get tax relief

Accounting Today

2, 2026, to file returns and pay any taxes that were originally due during this period. Following the disaster declaration issued by the Federal Emergency Management Agency, individuals and households residing or having a business in Chaves, Lincoln, Otero and Valencia Counties qualify for this relief. 15, 2025, and Jan. 31, 2025, and Jan.

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Mississippi, Texas storm victims get tax relief

Accounting Today

It also applies to 2024 contributions to IRAs and health savings accounts for eligible taxpayers and to estimated tax payments normally due on April 15, June 16 and Sept. Penalties on payroll and excise tax deposits due on or after March 14 and before April 10 in Mississippi will be abated as long as the tax deposits were made by April 10.

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After 'successful' season, new IRS problems loom: TAS

Accounting Today

The service received nearly 141 million individual income tax returns and processed about 138 million this tax season, according to the National Taxpayer Service "Objectives Report to Congress" for Fiscal 2026. Refunds averaged $2,942; slightly more than 81 million refunds were issued via direct deposit.

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Texas flooding, weather victims get tax relief

Accounting Today

2, 2026, to file returns and pay any taxes that were originally due during this period. 15, 2026; Quarterly payroll and excise tax returns normally due on July 31, Oct. 31, 2026; Calendar-year partnerships and S corps whose 2024 extensions run out on Sept. Affected individuals and businesses have until Feb. 15, 2025, and Jan.

Tax
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How Accounting Automation Can Save Your Business Time and Money

Nanonets

In a survey, 58% of accountants said automated accounting led to increased efficiency. US accounting services show that nearly 75% of accounting tasks can be automated. This could explain the high growth of the accounting software industry, estimated to reach $12 billion by 2026.

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Tax Fraud Blotter: No solution

Accounting Today

She deposited the refund check into a trust bank account and immediately transferred most of the balance to a separate bank account, both of which she controlled. She and her co-conspirator deposited a second fraudulently obtained $1 million refund check from the IRS, payable to the co-conspirator.

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