The Virtual Tax Office
How to work together as team in a virtual tax office The idea of a virtual tax office has become a popular one in recent years. Indeed, months of...
After 24 years I switched my tax office from a desktop tax program to an online tax program
After 24 years I switched my tax office from a desktop tax program to an online tax program Our tax office started in the 90s as a family business....
Goals for Your First Year as a Tax Preparer
Goals for Your First Year as a Tax Preparer Setting goals is part and parcel of your job as a tax professional. It is part of the service you offer...
Yes, You Can Start a Tax Business While Working Full-time!
Looking for a good way to supplement your regular income? You might see tax preparation as a viable option. And you're right! It is a service...
Cost-Cutting Tips for Your Tax Office Startup
Are you considering a career as a tax preparer? It's a great option for the self-starter who's looking for a small business to manage. Tax...
Program Update 3/18/21
Your Program should be updated to 35.04 Packages should be updated to the following: 1040 Indirect Ver 6 1120 "C" Corporation Ver 2 1120S "S"...
Update ? Unemployment & Tax Due
UNEMPLOYMENT The prior guidance on using worksheet 7 to put the unemployment is it not what the IRS wants at this time. We have heard that other...
Extensions
If you are filing corporate returns with our desktop package, here are a few pointers: If you need to file an extension, here is our solution...
Stimulus Payment
This is information was provided from the IRS. IRS begins delivering third round of Economic Impact Payments to Americans WASHINGTON – The Internal...
American Rescue Plan Act
The American Rescue Plan was signed today. What does that mean to us preparing tax returns? Here is the bill full text. You can use the links in the...
Recent Posts
Learn How to Do Taxes: Easy Steps for Beginners
Tax season can be a stressful time for many individuals, filled with uncertainties and misconceptions about the process of filing taxes. However, understanding how to do taxes is not as complicated as it may seem. In this article, we will debunk common myths...
Tax Software for Easy At-Home Preparation & Filing
Tax preparation can be a challenging and expensive task, particularly for professional tax preparers. The financial aspect of tax preparation, including hiring personnel, purchasing resources, or subscribing to costly software, can significantly impact profitability....
How do I get an IP PIN from the IRS?
In today's increasingly digital world, protecting personal information is of utmost importance, especially regarding financial and tax-related matters. The Internal Revenue Service (IRS) has implemented an effective tool known as an Identity Protection Personal...
Why Is It Necessary to Have a W-2 or 1099 Form When Using Tax Preparation Software?
Tax documentation plays a crucial role in the tax filing process, ensuring accurate reporting and compliance with tax laws. Tax preparation software has gained popularity in recent years for its convenience and efficiency. However, when using tax preparation software,...
Can I Get an EFIN with Bad Credit? A Comprehensive Guide to Application
In the ever-evolving world of tax preparation, the Electronic Filing Identification Number has become an essential tool for tax professionals. With an EFIN, tax preparers can electronically file tax returns on behalf of their clients, streamlining the process and...
