What if … Your clients stayed in the know and on top of things thanks to the informative messaging they received from you on a regular basis? What if … You stayed top of mind year-round with your clients and as a result earned more referrals from them? What if … Your clients didn’t wait […]
Displaying: Income Tax School
Get Ready for Tax Season with These Checklists!
Today is National Checklists Day so we are celebrating by compiling all of the checklists you’ll need to prepare you for this coming season. Whether you’re a student, a tax preparer, a tax business owner, or looking to start a business – we’ve got a checklist for you! Looking to Get Into Tax Preparation? Here’s […]
What is the Next Step After the Comprehensive Course?
If you’ve already completed our Comprehensive Tax Course, congrats! If you’re currently working through it or just considering taking it, you might be asking yourself what’s next? Completion of our Comprehensive Tax Course means that you’ve learned how to prepare taxes for most Form 1040 individuals, non-business taxpayers and small business taxpayers (self-employed/Schedule C). […]
Class Action Lawsuit Against the IRS for PTIN Fees
The IRS’ authority is once again being questioned. This time it’s over the Preparer Tax Identification Number (PTIN) fees that you are required to pay annually in order to prepare returns for compensation. This class action lawsuit is being filed by a pair of CPAs: Adam Steele of Bemidji of Minnesota and Brittany Montrois of […]
Why Every Tax Business Owner Needs a Succession Plan. Now.
You’re not going to run your tax business until the day you die (unless of course you die unexpectedly), which is why it is essential for you to have “key man” life insurance. At some point in life, it will be time to retire. You may already have your retirement plan mapped out financially, but […]
How to Choose the Right Tax Education Provider
There are a lot of different choices out there for tax education and training and they are all not equal. Choosing the right school can mean a lot of research and emailing back and forth with instructors or sales people to make sure you choose the school with the best value that fits your needs […]
How to Reduce Your Turnover in a Seasonal Job Market
We recently got a great question on our Facebook page about turnover at tax offices. “Many of the tax offices seems to have to recruit and train preparers every season, why the turnover?” This person is correct in thinking that tax offices have a high turnover because frankly, most of them do! The reason for […]
Affordable Care Act Updates Tax Preparers Should Know About
As we make our way towards the 2015 tax season, the Affordable Care Act and how it will affect the upcoming season seems to be coming clearer… little by little…. While there are still a number of questions to be answered, we thought we’d compile some updates from the past couple of months to help […]
A Sneak Peak At What’s Covered in the IRS Annual Federal Tax Refresher Course
If you are an unenrolled tax preparer, you are most likely weighing your options on whether or not to take the Annual Federal Tax Refresher Course (AFTR). You’re probably also wondering what you’ll learn and be tested on. The AFTR is a six-hour course that ends in a 100 question exam to test you on […]