
Affordable Care Act at Risk
It sounds like the Affordable Care Act is in serious jeopardy. The fate of health insurance for an estimated 9.6 million people lies in the hands of...

More DIY Taxpayers This Year?
As reported by CPA Trendlines , as of February 27, 2015 total tax refunds are down 1.8%, which is 882,000 fewer refunds than this time...

Snow and Professional Tax Software
We are taking a quick break from professional tax software to tell you about the most popular topic here in Iowa today – SNOW! Here are 10 Fun Facts...

Marketplace Tax Statement Mishap Could Benefit 50,000
Did you prepare returns for clients that had bad Obamacare subsidy data (Read our 800,000 Incorrect Tax Statements article) If so, you are about to...

Does the Fraud Stem from Intuit TurboTax? Forbes Tax Girl Talks of Scary Possibilities
After I read this article, What If Tax Refund Theft Isn’t Really About Refund Theft? By Forbes Contributor Kelly Phillips Erb also known as...

ACA Special Enrollment Period
As Tax preparers, your clients may expect you to be their go-to-person for everything ACA (Affordable Care Act) related. You are the only live...

Lawmakers Re-Introduce Bill to Credit Enrolled Agents
As it stands, not all states allow Enrolled Agents to use their credentials to encourage tax payers to use their services. This may not be the case...

Scam Targets Tax Preparers
The IRS has issued a warning to alert tax preparers about fraudulent emails that are being sent to target tax preparers specifically. The email asks...

800,000 Incorrect Tax Statements
The 1095-A is the tax statement in question and anyone who purchased a health care plan through the Marketplace will receive one. Included in this...

Quick Reference For Tax Professionals ? Can Clients Use Divorce Decree To Claim Child?
As a Tax Professional, you will have to ask your clients a few questions when dealing with this situation. Is your client the custodial or...
Recent Posts
Tips Before, and While Using a Professional Tax Software
When you’re a self-employed or small business owner, you may wonder if it’s worth the cost to use tax software. After all, even with a basic understanding of taxes and accounting, most people can handle keeping track of their business finances and filing taxes as...
EPS Program and How is it advantageous for your Tax Preparation Business
UltimateTax is the best professional tax software because it makes tax preparation easier. The software has excellent features, is online accessible, is compatible with all major devices, is user-friendly, and allows you to fill out e-forms as many times as you want....
The Benefits of Using the Right Tax Software
Tax season can be daunting, even for someone who files their taxes every year. The complexity of the tax code and the ever-changing tax laws make it difficult to keep everything straight. If you own your own business or plan on doing so in the coming year, you’ll need...
Running a Successful Tax Practice – What does it take?
The majority of tax preparers hope to one day own their own tax business. You can choose your clients and set your own schedule when you own your own tax practice. You can also hire people to help you with your work. Furthermore, there is no greater fulfillment than...
How to choose the Best professional Tax Software
The modern business world relies heavily on technology and various software packages to complete tasks. Similarly, in the accounting and taxation industries! Professional tax software that is both powerful and easy to use is now required for tax firms. Almost every...