Tax & Accounting Blog

IRS Identity Authentication Initiative – State Requirements

IRS Identity Authentication Initiative – State Requirements

On June 11, 2015, the IRS issued an announcement regarding the collaborative effort to combat identity theft and tax refund fraud. Thomson Reuters supports and is participating in this initiative. For the 2015 tax season, the IRS will not reject a return if this information is not included. Refer to state-specific User Bulletins or the … Read More

New York Form MTA-6 is Now Obsolete

New York Form MTA-6 is Now Obsolete

Effective with tax year 2015, the New York Department of Taxation and Finance discontinued the separate Metropolitan Commuter Transportation Mobility Tax (MCTMT) filing requirement. In 2015 UltraTax CS®, the New York tab located in File > Client Properties will no longer include a checkbox for the Metropolitan Commuter Tax (MTA). Preparers will still need … Read More