Season
Tax Scams: Identity Theft
Tax-Related Identity Theft In the next installment of the IRS list of tax scams, we'll explore the topic of identity theft. Tax-related identity theft is defined as when a person obtains access to your social security number and files a tax return on your behalf. The IRS warns taxpayers to watch out for...
Tax Scams: Phishing
Phishing Schemes Last week the IRS began a string of articles chronicling some of the most prevalent tax scams in the United States in an effort to educate the public and help these scams be avoided. First up on their list: “Phishing” schemes. Phishing is normally carried out by a criminal who sends...
Tax Season 2015 Is In Full Swing
The IRS released a post today talking about the growing prevalence of tax payers filing their taxes electronically this year, as well as electing to receive their refund through direct deposit. This has been on the rise for a few years now but we are seeing a dramatic leap already this filing season. As of the end of...
IRS Unveils Directory of Federal Tax Return Preparers
Yesterday morning the IRS announced the release of a new and improved online public directory of qualified tax return preparers. This directory will serve to satisfy two main purposes, to help taxpayers identify quality prepares and also to help independent prepares gain more visibility and credibility. The IRS...
Independent Tax Preparer Ethics
As an independent tax preparer, ethics are very important. Before offering any service to a client, you should be up to date on current laws and regulations regarding tax ethics, as well as government rules on such practices. Your clients are trusting you with sensitive information and it is vital to your business...