Clarification from IRS on Mass Transit Passes

Clarification from IRS on Mass Transit Passes

Nov 26, 2014

The Internal Revenue Service has released a new revenue ruling on mass transit passes provided as fringe benefits to employees, how they are paid for and/or reimbursed. Reveue Ruling changes what the IRS’s earlier guidance on employee qualified transportation...
Possible Delay to Tax Season Looms

Possible Delay to Tax Season Looms

Oct 24, 2014

Oh no, not another possible delay coming for the 2015 tax year. The IRS commissioner John Koskinen has warned congress that if they don’t make decisions on how to proceed with more than 50 expired tax provisions there could be a delay the soon to come tax season, as...
It’s PTIN Time!

It’s PTIN Time!

Oct 24, 2014

The IRS has announced that you can now renew and apply for your 2015 Preparer Tax Identification Number (PTIN)! You may login to the IRS Online System here and renew, apply or update your current account information. Will also have the ability to receive alerts from...
Tax Preparers Ain?t Got Time For That!

Tax Preparers Ain?t Got Time For That!

Oct 24, 2014

Remember the phrase “Ain’t nobody got time for that?” Well, once tax season starts, one thing tax preparers really don’t have time for is getting sick! How many times have your clients come into your office in a less than healthy state? If you are anything like me you...
The IRS Annual Filing Season Program (AFSP)

The IRS Annual Filing Season Program (AFSP)

Oct 6, 2014

The IRS designed this program to allow tax preparers to voluntarily take this program which will give them knowledge and skills that will be valuable to their clients. This will prove to taxpayers that you took the time to broaden your knowledge to meet their needs....