Direct Deposit Limits
It is no secret (we hope) that there have been so many victims of fraud the past year that something needs to be done. The IRS has come up with a way to help fight back against these scammers. Effective January 2015, there will be a limit of three refunds that can be...
Green Dot Buys Santa Barbara Tax Products Group
Green Dot to purchase Santa Barbara Tax Products Group (TPG) in a 320 million dollar deal. The sale will be funded with $55 million cash, $150 million in bank debts and approx. 6.133 million shares of its common stock. Which means that TPG investors will own...
Tax Preparer Software?What, How and Why of Fee Collect
What is it? Fee collect allows you to deduct your tax preparation fees directly from your client’s refunds. This service costs you $19.95 per tax return and the fees are directly deposited into your bank account. Our UltimateTax ProPlus software offers fee collect,...
ACA Give Your Clients A Heads Up
It’s no secret that a many tax payers are confused about ACA (Affordable Care Act). Not only that, but it seems like everyone is. When tax season 2014 hits, there is a good chance that you will have to bare some bad news to your clients. As a professional tax service...
Tax Preparers Could Receive Restitution
Two CPA’s have slapped the IRS with a class action lawsuit. The IRS has required anyone who prepares or assists in preparing tax returns for payment to have a PTIN, and to renew that PTIN each year. The fees that the IRS collects for PTIN registration and renewal are...
Top 10 Ways to Give Better Service than H&R Block
Create a comfortable environment for clients – Sure H&R Block has the green & white square branded look stamped everywhere, but is that really comfortable for clients? Give them a place that they feel welcome and at ease. Offering coffee or water can add to...