Services New Tax Preparers Can Offer
It’s tax season once again! Are you a new tax preparer? Do you plan on starting your own business? Well, now is the perfect time to start your...
Tax Professionals, Here Are The 2020 Deadlines You Need To Keep Track
It’s tax season once again! For tax professionals, the next three to four months can be the busiest time of the year. Aside from meeting with both...
5 Mistakes Preparers Make When Buying Tax Software
1. Refusing To Adopt Cloud-based Software The tax preparation software industry is probably one of the slowest industries to embrace cloud...
Refund Timing for Earned Income Tax Credit and Additional Tax Credit Filers
The tax industry stakeholders are projecting refunds will begin hitting accounts mid-week, Feb 22nd. This is just an estimate and not a guarantee...
IRS Announces Tax Refund Delays For 2017
Expecting to spend that tax refund early? IRS has announced Tax Refund – Delays for 2017 What You Need To Know Mike Steele, owner of Ultimate Tax...
Tax Preparer Education Requirements
Thought that maybe the required continuing education hours might change this year? Well they have not. The requirements for 2016 continuing...
Afternoon Feb. 13th – IRS Funding
So far this year, as of 4pm Eastern, the IRS has released almost no refunds. Current estimates are that the IRS has released refunds for fewer than...
Health Care Basics For Preparing Your Clients Returns
We got this from the IRS site about what you need to file for the ACA (Affordable Care Act). We are just sending this out for your information.We...
Tax Season Starts Jan 20th, 2014
Tax Season Opens As Planned Following Extenders Legislation Following the passage of the extenders legislation, the Internal Revenue Service...
Urgent Electronic Filing Center Information
The Electronic Filing Center stops sending E-files at 6pm EST on Friday November 20th. This includes 2014, 2013, and 2012 efiles The IRS shuts down...
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Recent Posts
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, needing an...