The Essential Guide to Bank Products for Tax Preparers
As a tax preparer, it’s essential to keep up-to-date with the latest banking products available to your clients. Not only will it help streamline your job and improve efficiency, but it can also provide a range of benefits for your clients. From direct deposit...
Best Tax Software for Accountants in 2023
As we usher in yet another tax season, tax software has become an indispensable tool for accountants in facilitating efficient and accurate tax preparations. In today’s fast-paced world, where clients demand quick and reliable financial solutions, a good tax...
Here’s How to Opt-Out of the Child Tax Credit Payments
As part of the recently signed American Rescue Plan, major changes were made to the Child Tax Credit (CTC). For the 2021 tax year, families will have the option to receive advance payments of up to $300 per child, per month, starting in July. These payments could...
How to Become a Tax Preparer in Texas in 4 Easy Steps
Are you looking to jumpstart a career in the finance industry, particularly in the field of taxation? With the growing demand for skilled tax professionals in Texas, pursuing a career as a tax preparer could be a lucrative choice for you. This career option could be...
4 Ways to Find Out How Much You Will Owe the IRS
As tax season approaches, one of the biggest concerns for most Americans is the amount they will owe the IRS. Determining your tax liability is crucial because underestimating or overestimating your tax bill can have serious consequences. The IRS may impose hefty...
How to File a Tax Extension for a Nonprofit: What You Need to Know
Nonprofits play an essential role in our society, offering services, support, and resources to communities in need. As a nonprofit organization, you are bound to meet a series of deadlines, including submitting tax returns each year. However, there may be times when...
How to Get an Extension From the IRS, NY: All You Need To Know!
We all know that filing taxes can be a stressful ordeal. With the hustle and bustle of everyday life, it’s not uncommon to fall behind on your paperwork. Whether it’s due to a change in your financial situation, a health issue, or simply an oversight,...
What Is My EFIN Number and Application Summary?
As a tax professional, it’s important to clearly understand your Electronic Filing Identification Number (EFIN) and application summary. Your EFIN is a unique number that identifies your business as an authorized e-file provider with the IRS. It’s...