Benefits of a Tax Preparer Network
Are you an independent tax preparer looking to grow your book of business? Are you interested in leveraging your existing client relationships to cross-sell additional services? Could you benefit from access to professional tax preparation software, and an in-house team of tax …
These red flags on your 2018 tax return could spark interest from the IRS
Even though the IRS may be just getting back on its feet after the partial government shutdown — with another one potentially in mid-February — don’t assume you can pull a fast one on your tax return this year. Because much of …
Here’s when you can expect your tax refund to hit your bank account, according to the IRS
Most people dread filing their taxes— but nearly everyone is hoping for a refund. The IRS was affected by the record 35-day government shutdown, though it said it would still work to process tax returns and provide refunds to filers on time. …
Filing Taxes During a Government Shutdown
Benjamin Franklin once wrote that there was nothing certain in life but death and taxes. Because taxes are the fuel that runs our government, even when the government shuts down taxes are due. Whether you’re expecting a refund or owe the Internal …
Taxes 2019: When to file and what big changes to expect
The last year has seen one of the biggest changes to the tax code in recent history, leaving many filers (and some tax preparers) unsure of what to expect this year. Fortunately, most of the changes are quite specific and actually make …
IRS Confirms Tax Filing Season to Begin January 28
WASHINGTON ― Despite the government shutdown, the Internal Revenue Service today confirmed that it will process tax returns beginning January 28, 2019 and provide refunds to taxpayers as scheduled. “We are committed to ensuring that taxpayers receive their refunds notwithstanding the government …
IRS Announces MeF Shutdown and Cutover Dates
IRS has announced that the Modern e-File System (MeF) will commence its annual shutdown and cutover maintenance period on Saturday, November 17, 2018, at 11:59 p.m. in order to prepare the system for the upcoming Tax Year 2018 Filing Season See the …
Tax Preparer Education Requirements
Thought that maybe the required continuing education hours might change this year? Well they have not. The requirements for 2016 continuing education are still here. I would say that, the hour requirement, if left to the last two weeks of the year, …
Refund Timing for Earned Income Tax Credit and Additional Tax Credit Filers
The tax industry stakeholders are projecting refunds will begin hitting accounts mid-week, Feb 22nd. This is just an estimate and not a guarantee and it could take 7-10 days for the backlog of refunds to be caught up. Also note, the refunds …
5 Mistakes Preparers Make When Buying Tax Software
Refusing To Adopt Cloud-based Software The tax preparation software industry is probably one of the slowest industries to embrace cloud technology for software needs. There are items to be concerned about, however, if banking, finance, trading, healthcare and other sensitive data can …
