Prentice Income Tax Services

Prentice Income Tax Services

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IRS Operations During COVID-19: Mission-Critical Functions Continue | Internal Revenue Service 01/18/2023

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IRS Operations During COVID-19: Mission-Critical Functions Continue | Internal Revenue Service The Internal Revenue Service reminds taxpayers and tax professionals to use electronic options to support social distancing and speed the processing of tax returns, refunds and payments. To protect the public and employees, and in compliance with orders of local health authorities around the country...

As the Fed Turns 109 Years Old, the US Dollar's Purchasing Power Eroded by More Than 96% Since It Was Created – Featured Bitcoin News 12/26/2022

As the Fed Turns 109 Years Old, the US Dollar's Purchasing Power Eroded by More Than 96% Since It Was Created – Featured Bitcoin News Since the Federal Reserve started, more than 96% of the greenback’s purchasing power has been erased via inflation.

The SECURE 2.0 Act’s Impact On Roth IRAs 12/26/2022

The SECURE 2.0 Act’s Impact On Roth IRAs As 55% of Americans say they don’t have enough saved for retirement, this bipartisan legislation primarily seeks to make it easier to contribute to retirement plans and use those funds appropriately for their needs in retirement.

This former top Obama official says one silver bullet would raise $500 billion in personal-income tax 11/20/2019

This former top Obama official says one silver bullet would raise $500 billion in personal-income tax ‘Today, the IRS has fewer auditors than it had at any point since World War II.’

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