Clarification from IRS on Mass Transit Passes

Clarification from IRS on Mass Transit Passes

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...
IRS 1040 E-File Shutdown/Cutover Schedule

IRS 1040 E-File Shutdown/Cutover Schedule

The shutdown is coming earlier this year in order to make preparations for reprogramming the 2015 tax season. Note that acknowledgments may be delayed slightly, so you will want to watch these dates to make sure you receive them before they are no longer available....
Possible Delay to Tax Season Looms

Possible Delay to Tax Season Looms

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...
Tax Preparers Ain?t Got Time For That!

Tax Preparers Ain?t Got Time For That!

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)

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....