Just like with anything in life, the more you know, the better prepared you will be and the more tools you will have to perform your job. As a tax preparer, your knowledge of the ever-changing tax code is critical to performing your job properly. Continuing education can help you earn more money by giving […]
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IRS Online PTIN System Enhanced
IRS recently made some enhancements to the online PTIN system. Below is an overview from the IRS Return Preparers Office. “We’ve made a number of improvements to your online PTIN Account to expand its functions: – “Manage My Account” is fully functional allowing you to self-correct almost any field at any time (including professional credentials.) […]
The Tax Industry is Changing…How Will You Survive?
Most simple returns will be self-prepared or handled by volunteer preparers and, probably also by the IRS. Anticipating this trend, over the past 7 years we have phased out virtually all of our “Fast Refund” offices and we will be going into the 2014 tax season with only our five remaining Full Service offices. (Ten […]
Peoples Income Tax prepares for the future (link below)
What are you doing to plan for the future of your tax business? http://www.timesdispatch.com/business/local/companies/peoples-income-tax-prepares-for-the-future/article_e052becf-d35a-5f1d-af87-0f7e15574aab.html
Did you attend an IRS Tax Form in 2012?… Do you plan to attend an IRS Tax Forum in 2013?
IRS Nationwide Tax Forums are scheduled this July-September in Orlando, Dallas, New Orleans, Atlanta, National Harbor, MD (DC area) and San Diego. There will not be Tax Forums in New York City or Las Vegas this year. Will the uncertainty of the IRS Tax Preparer Regulations (RTRP and CE requirement) have any bearing on your […]
Congressmen Discuss IRS Authority to Regulate Tax Preparers
http://www.accountingtoday.com/news/Senateors-Tax-Reform-Tax-Preparer-Regulation-66136-1.html
IRS Will Not Make the RTRP Voluntary
According to NATP, if the RTRP injunction is not lifted and the IRS does not win the appeal, IRS does not plan to make the RTRP voluntary due to contractual obligations.
Do you think the IRS will win its appeal of the Loving Case court ruling?
Will the Loving Case court ruling that resulted in an injunction requiring the IRS to shut down the RTRP and CE Preparer Regulations be overturned? If not, what do you think the IRS will do.
IRS Has $917 Million for People Who Have Not Filed a 2009 Income Tax Return
IR-2013-29, March 14, 2013 WASHINGTON — Refunds totaling just over $917 million may be waiting for an estimated 984,400 taxpayers who did not file a federal income tax return for 2009, the Internal Revenue Service announced today. However, to collect the money, a return for 2009 must be filed with the IRS no later than […]
