The Progressive Accountant

The Progressive Accountant

OfficeTools Mobile Apps Debuts

Mobile deviceA mobile app for OfficeTools has been introduced by AbacusNext. The app is available for the practice management application for both the iOS and Android platforms and will function as companion to OfficeTools desktop version.


IRS Expands Underpayment Relief

Mobile apps artThe Internal Revenue Service is lowering the threshold for taxpayers who wish to qualify for relief from penalties on 2018 federal income tax withholding and estimated tax payments. The agency reduced the threshold for penalties on underpayment to 80 percent of tax liabilities. 


Philadelphia Preparers Charged with ID Theft

Two Philadelphia, Pa., tax preparers have been accused of buying and selling personal identifying information of children to claim as dependents on tax returns. Nvahbulai Quisiah and Gofin Kosia, both 43 years old, each face six counts of aggravated identity theft. They have also each been charged on 17 counts of aiding and assisting in the preparation and filing of a false tax return and six counts of wire fraud.


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