1040 MeF Shutdown & Tentative Dates
According to the IRS, production for the tax returns filed through Modernized e-File (MeF) will be down from Friday, November 23 until Tuesday, January 22. Here are some more important dates to keep in mind...…
According to the IRS, production for the tax returns filed through Modernized e-File (MeF) will be down from Friday, November 23 until Tuesday, January 22. Here are some more important dates to keep in mind...…
The Internal Revenue Service is attempting to respond to the victims of Hurricane Sandy by waiving certain taxes. Most notably, the IRS announced earlier this month that qualified disaster relief payments made to individuals by their employer or any person can be excluded from those individuals’ taxable income.…
Read more about IRS Offers Relief to Hurricane Sandy Victims
The IRS is fine-tuning procedures for collecting and releasing the information they gather during Preparer Tax Identification Number (PTIN) registration...…
Tax professionals who have already renewed their PTIN and need to update their credentials must do so by calling the PTIN helpline at 877.613.7846. A representative will be able to update the…
One morning over breakfast, a young Raymond Berardinelli’s mother asked him what his plan was after high school. He would be graduating soon and needed a little direction. His mother had always encouraged him to go to college, but Raymond was thinking more along the lines of going to trade school. His plan was to become a ...…
Enrolled Agents and Enrolled Retirement Plan Agents must complete 72 hours of continuing education every three years – a minimum of 16 hours per year, two of which must be on ethics...…
Read more about Continuing Education Requirements for Tax Professionals
Voting for the Readers' Choice Awards is open until the deadline of Friday November 9, 2012...…
Long-standing federal laws protect the privacy of personal information by forbidding the IRS from reporting tax debts to credit bureaus that collect and sell information about the credit history of individuals and businesses. The IRS is, however, allowed...…
When a client makes an appointment with you, it’s because they need your help. And it would be easy to call them in and get right down to business. But that’s not always what’s best for you or the client. Here are a few tips that are sometimes easy to forget...…
Read more about Avoiding Things that Cost Accountants Revenue
Small businesses are responsible for 84 percent of the $450 billion tax gap and the IRS believes that’s due in part to underreporting. In an effort to increase compliance, the IRS will focus on eight specific areas...…