What Is a Refund Transfer?

What Is a Refund Transfer?

May 2, 2022

The refund transfer is a deposit product that allows clients to settle their preparation fees or accounting fees without making an upfront payment. Instead of paying you directly for services, the clients agree to have your fee deducted from their tax refund. A refund...
8839 Qualified Adoption Expenses

8839 Qualified Adoption Expenses

Feb 2, 2022

We are aware of an issue with the IRS schema concerning the maximum adoption credit allowed on Form 8839 Qualified Adoption Expenses.  Per the form and instructions, the maximum allowable credit is $14,440; however, the IRS schema has this value set as $14,400.  Any...
State and Module Release Dates

State and Module Release Dates

Jan 29, 2022

We have published a solution article to are module and state release dates.  This article will be updated around 11am central.   This article is the latest information we have available to publish. Form Readiness
CA e-File – Resolved

CA e-File – Resolved

Jan 28, 2022

[UPDATE] – as of 2/2/22 this is resolved. We have identified a minor issue with the State of California eFiles returns. We expect a fix by end of day on Tuesday, February 1, 2022. Please hold on efiling CA State returns until a resolution is announced.  If...
6 Skills That Every Tax Preparer Should Have

6 Skills That Every Tax Preparer Should Have

Jan 24, 2022

Tax preparation is a good choice of business for a motivated entrepreneur. You can be successful without too great of an investment! You can run a tax preparation business as a sole proprietor and even do it from a home office, if you choose. But if you want to...