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Everything You Need to Know about the Annual Filing Season Program

December 16, 2019 2:55 AM

Everything You Need to Know About The Annual Filing Season Program (AFSP) The U.S. Tax Code can be seriously complicated. Because of this, many taxpayers don’t feel confident preparing their own federal income tax returns, even with tax software. But using a Certified Public Accountant (CPA), an Enrolled Agent...

Do you Aspire to a Higher Degree of Professionalism?

November 13, 2019 11:30 AM

The AFSP was designed by the IRS just for that purpose. Enrolled Agents and CPA’s have their respective qualifications but previously there was no way to recognize the largest group – the tax preparers. Tax preparers handle a tremendous amount of the countries tax returns and like their CPA and EA counterparts...

Using Section 199A how much can I deduct with a pass-through?

November 4, 2019 12:27 PM

Using Section 199A how much can I deduct with a pass-through? Here is Dr Bart with his “bit” to answer this question “Section 199A of the Tax Law. This has created a tremendous amount of concern and problems. This is, again, if you want to look at it, take a look at the final regulations in...

2020 PTIN Renewal Season Now Open

October 22, 2019 11:43 AM

We are less than 90 days from 2020 and it's already time - crazy as it sounds - to start getting ready the 2020 tax season. You can now renew your PTIN for the 2020 tax season and for tax preparers who want to take advantage of the IRS's Annual Filing Season Program (AFSP) benefits, they are due by December 31,...

Who should be concerned with the SALT deduction?

October 14, 2019 3:42 PM

Who should or shouldn’t be using the SALT deduction? Here is Dr Bart with his “bit” to answer this question “And let's talk about what we call it, SALT deduction. Remember, this is just $10,000. It's so important that we had to put one or two slides in to make sure you are aware of it. Look at the...