News
The 2018 Projected Tax Rates
It’s that time of the year again. Time for families to get together and enjoy the holidays, spending quality time decorating the house, listening to holiday music and exchanging gifts. And, of course, thinking about the year coming to an end and next year’s tax liabilities. This is especially true for tax...
A Silver Lining: Hurricane Tax Relief from the IRS
A Silver Lining: IRS Offers Hurricane Tax Relief for Victims This year has provided one of the most active hurricanes seasons in recent memory. Harvey, Irma and Maria all left behind swaths of destruction from wind and water in their collective wakes. It’s been a source of study and analysis for scientists and...
My Tax Courses Online Offers Best Option To Qualify For IRS Annual Filing Season Program
The Best Pathway for Tax Preparers to Participate in the IRS Annual Filing Season Program Recently, the IRS notified the more than 435,000 non-credentialed PTIN holders about the benefits ofparticipating in this year’s Annual Filing Season program. The courses offered by My Tax Courses Online(MTCO) are among the...
Now is the time - Pre-Tax Season Checklist
Pre-Tax Season Checklist for Tax Preparers The end of extension season is finally over and you know that means: tax season is going to be here soon. That means now is the time to start making outreach efforts to potential new clients and pinpointing which major tax law updates existing clients should be aware of...
New 990-T Filing Rule for Self-Directed IRAs
IRS Releases New 990-T Filing Rule for Self-Directed IRAs By Matt Sorensen The IRS recently released updated the extension rules for 990-T tax returns that are required for certain self-directed IRAs. Form 990-T is a tax return that must be filed by an IRA when it receives what is known as unrelated business...