The College Student Tax Scam

The College Student Tax Scam

Apr 1, 2015

The IRS is warning college students and other taxpayers to be aware of a new federal tax refund scam luring students to give their personal information to file tax returns claiming fraudulent refunds. In the southeast region of the US the American Opportunity...
Pros and Cons of Refund Anticipation Checks

Pros and Cons of Refund Anticipation Checks

Mar 30, 2015

We all know that there are some crooked tax preparers out there. Heck there are crooked people in every profession. It seems like these bad preparers are giving refund anticipation checks a bad name for everyone. If you don’t know what they are, they are similar to a...
No IRS Shutdown, Tax Professionals Exhale

No IRS Shutdown, Tax Professionals Exhale

Mar 20, 2015

With less than a month before the April 15th filing deadline, it turns out the IRS budget cuts won’t cause the Internal Revenue Service to shut down for two days as they had previously predicted. Back in January, IRS Commissioner John Koskinen had warned that the...
Quick Reference for Tax Professionals ? Child Care Tax Credit

Quick Reference for Tax Professionals ? Child Care Tax Credit

Mar 19, 2015

Child care is not cheap whatsoever, and most pay additional costs for someone they like and trust instead of the cheapest – just like your professional tax software! Here are some tips to help see if your clients qualify for this deduction. Child Dependent or...
Tax Zombies

Tax Zombies

Mar 17, 2015

Unlike The Walking Dead Zombies wondering the streets starving for flesh, these zombies are hungry for tax refunds. They are attempting to bring the dead back to life financially. NBC News reports – “During tax years 2006 to 2011, 66,920 people filed using a Social...