News Updates

Slow aid for economy

The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, Chair Jerome Powell said Friday, signaling the beginning of the end of the Fed’s extraordinary response to the pandemic recession. In a speech given virtually to an annual gathering of central bankers and academics, Powell said …

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EFILE news and program updates

Annual Processing Review Program We will be starting our annual post-assessment review of individual income tax and benefit returns shortly. If your client’s tax return has been selected for review, we will send our letters to your office if: •    you have been designated as your client’s representative; and •    you have indicated that our Processing …

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