Use Professional Tax Software! TurboTax Could Be In Hot Water

Use Professional Tax Software! TurboTax Could Be In Hot Water

Remember reading about the TurboTax security breach? It wasn’t in the Intuit professional tax software division, however it is Intuit nonetheless that could be facing the music. Two TurboTax users whom have been the victims of identity theft are now coming forward to...
Tax Pros Can Learn From IRS Mistakes

Tax Pros Can Learn From IRS Mistakes

John Koskinen has been talking about the effects of the IRS budget cuts since they started in 2010. It sounds like the biggest cut of all is the most important – morale. Poor morale at that IRS is worse than I thought. The Bloomberg article on Miserable IRS Workers...
Tax Pro’s Only

Tax Pro’s Only

With tax season finally drawing to a close the IRS EPSS e-help Desk is lighting up with phone calls. Unfortunately taxpayers are tying up those lines too, claiming that their tax preparer referred them for assistance resolving issues like rejected returns, tax law and...
More Reasons for Your Clients to Love You

More Reasons for Your Clients to Love You

Not that you really need another reason, but we have a pretty good one. When a potential client balks at your prep fees, remind them that filing mistakes can add up to costly penalties for taxpayers! Just because they haven’t heard from the IRS doesn’t mean they...
Tax Professionals Meet The Gambler Scam

Tax Professionals Meet The Gambler Scam

I’m sure as a tax professional you’ve heard a few tall tales that made you chuckle. Well wait until you hear about the new scam aimed at the IRS involving losing lotto tickets. Those creative gamblers have come up with a way to avoid paying taxes. A winning gambler...