Quick Reference for Tax Professionals ? Hobby or Income?
As a tax professional, you know find there is no solid line drawn between a hobby and income. To help establish the difference with your clients, here are a few questions you can ask your client to help you differentiate between the two Do you conduct activities in a...
Quick Reference for Tax Professionals ? Medical and Dental Deductions
As a tax professional, sometimes you need an answer right now. At UltimateTax we want to offer your more than professional tax software, we want to help you find solutions. Here is a quick list for you to reference of qualifying medical expenses and treatments for...
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 last year. Tax professionals have submitted 4.4% fewer e-files year over year with just 28,733,000 e-file receipts versus...