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...
Tax Software Current Versions 35.03
This applies to - Desktop Version Please be sure to Update Program and Update your Modules. On the desktop version you have to get Acks to have the...
Recent Posts
What Is the IRS 1040-X Form? All You Need To Know
Understanding the IRS 1040-X form is essential for taxpayers who need to make changes or corrections to their previously filed tax returns. This form, also known as the amended U.S. Individual Income Tax Return, plays a crucial role in rectifying errors, claiming...
A Beginner’s Guide to Filing Taxes: Tips and Tricks for First-Time Filers
Filing taxes for the first time can seem like a daunting task. However, anyone can successfully navigate the tax filing process with the right knowledge and guidance. In this beginner's guide, we will provide valuable tips and tricks to help you file your taxes...
Filing an Amended Tax Return: Adding Deductions and Credits for a Better Refund
Filing an amended tax return can be a valuable opportunity to maximize your tax refund by adding overlooked deductions and credits. In this article, we will explore the importance of correctly filing an amended tax return to avoid penalties and future issues with the...
Tax Preparation Resources for Small Business
Tax preparation can be a complex and time-consuming process, especially for small businesses. Understanding the intricacies of tax regulations and properly managing financial records are crucial for maintaining compliance and optimizing financial health. In this...
How Much Does Tax Software Cost? A Detailed Cost-Benefit Analysis for Businesses
Managing finances and ensuring compliance with tax regulations are vital aspects of running a successful business. As tax-filing becomes increasingly complex, businesses face the challenge of efficiently managing their taxes. This article explores the costs...
