[UltimateTax] – E-Filing Shutdown
We are informing you that the IRS intends to shut e-filing on November 21st. We will stop accepting returns on November 18th. This includes...
Essential Tools For Your New Tax Preparation Business
Setting up your tax preparation office means purchasing the right tools. The right equipment can help you finish your tasks efficiently and let your...
Tips On How To Market Your New Tax Preparation Business
Once you’ve set up your new tax preparation business, it’s only a matter of time to start acquiring clients. Your first clients would be your family...
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...
Recent Posts
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...
Small Business Tax Preparation Checklist: Simplifying Your Tax Management
Effective tax preparation is essential for small businesses, offering long-term benefits and ensuring compliance with tax laws. In this comprehensive guide, we will discuss the key steps involved in small business tax preparation. From understanding your tax...
What Do You Need to Be a Tax Preparer? Essential Qualities and Top Traits
In today's ever-changing economic landscape, taxes are becoming increasingly complex and challenging to navigate. As individuals and businesses struggle to decipher the intricate tax codes and regulations, the demand for tax preparers has surged. To succeed as a tax...
