The Boomerang Effect
The number of unemployed college graduates who move back in with their parents (or other family members) might be a little surprising.…
Cost-Effective Marketing Solutions
As tax preparers and accountants, many of us are busy helping our clients plan for their futures. However, we need to consider our futures as well. Take some time to consider what’s working and what’s not – not just in the way you’re managing your office, but in your marketing. What’s encouraging your clients to make that initial call to schedule an appointment?…
Reduce Stress Now
Tax professionals are no strangers to stress. Here are a few suggestions to help you deal with the stress of tax season.Don’t over-extend yourself. By now, you’ve undoubtedly noticed time doesn’t…
Tax Reform Circulated in US Senate
A list of proposed tax reform options was circulated to member of the US Senate Finance Committee and lobbyists this week. Most of the proposals contained in the nine-page draft were modest administrative changes, and included:…
Wondering Where Your Amended Return Could Be?
Wondering where your amended return could be?A new tool, provided by the IRS, allows you to check the status of a Form 1040X, Amended Tax Return, for current and up to three prior years. The new tool…
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Court Denies IRS Regulation Program For Tax preparers
The US Internal Revenue Service was prevented this week from implementing its plan to regulate tax preparers. The plan, which required test-taking and continuing education for preparers, was struck…
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RTRP Update
RTRP UpdateRefunds may be requested, for anyone who may have scheduled the RTRP exam, using their PTIN account. Once logged in, you may cancel your exam and complete the request for refund form. The…
8 Places Germs Love in Your Life
It’s fairly common knowledge that the main cause of illness is the dreaded germ. But avoiding germs completely is impossible...…
New Test Specifications for EA Exam
New Test Specifications for EA ExamThe IRS recently updated the terms for the Special Enrollment Examination. These are posted on prometric.com/irs. Also, there is a version posted for those who want…
Don’t Get Caught Short on Short Sales
After the real estate crash, many taxpayers' mortgages exceeded the value of their properties, so they did a short sale or went through a foreclosure. Many of these taxpayers received...…
