The $1.4 million program was set up to distribute 2010 tax refunds on reloadable prepaid debit cards. The Treasury Department selected 808,000 low to moderate-income tax filers to participate and receive their tax refunds electronically rather than by paper checks. It costs...…
Read more about MyAccountCard program from the U.S.Treasury Department Suspended
Tax professionals are looking for the best value in their tax software program, and are quickly learning bigger is not always better...…
Read more about The “Big Three” Tax Software Companies Slip in Market Shares
McIntire Tax Center is a one-woman show, with the exception of a temporary receptionist Trish hires for a few weeks in the height of tax season. Trish’s goal is to run a tax practice where clients know they can come to her for anything and trust their taxes will be prepared correctly at a fair price. She prepares mostly ...…
This database will include the names, addresses, and professional qualifications of tax preparers, as well as any publicly disclosed professional disciplinary actions. Essentially, it will allow taxpayers to shop around for a preparer who is qualified...…
Finding Ways for Accounting Professionals to Increase Revenue: Providing clients with the trust they desire in an accounting professional, explaining to them all you can do to help them increase their revenue, teaching them what a difference the knowledge of an accounting professional can make, and...…
It’s complicated, but it’s important. Now, more than ever, paid tax return preparers need to understand and educate themselves so they can avoid sanctions for giving false or misleading information to the IRS or for asserting frivolous positions that do not meet realistic possibility standards. Preparers need to recognize what is considered disreputable conduct resulting from improperly preparing returns, and learn to identify tax fraud schemes.…
The most common form of EITC noncompliance is the improper claiming of a qualifying child. The error occurs when the taxpayers claim a child who does not meet the age, relationship, or residency requirements.…
Having trouble finding affordable and convenient ways to meet your Continuing Professional Education (CPE) requirements? Are CPE requirements new to you and you’re not sure where to go or how to get started? Are you looking for ways to brush up on your tax knowledge, but prefer to learn in a self-paced, yet interactive environment?…
Drake once again generated the highest overall esteem and most loyal customer base.…
Read more about 2011 JoA Software Survey: Drake = Highest Overall Esteem
For the past 5 years Drake Software has consistently been rated #1 by members of the NATP for their Sorting out Software Survey. Between the 95% renewal rate and the top ratings in areas such as Overall Satisfaction, Customer Service, Conversion, Price, and Ease of Installation.…
