Blog
IRS Corrects 14 Million 2020 Tax Returns
The IRS has successfully gone through approximately 14 million 2020 tax returns to see who was eligible for the correction of overpayment on taxes for unemployment compensation. The IRS either gave those people refunds or applied the extra money to other debts and balances owed to the government agency starting in May...
Tax Law Changes
Tax Law Changes For 2023 Each year, tax laws change the table for taxpayers and tax preparers. As a tax professional, you must inform your clients of the coming changes so they can be most prepared for the annual filing season and beyond. IRS Changes To Tax Laws For Filing & Eligibility in 2023 Form 1099-K Rules...
Don't Let These Tax Scams Infiltrate You
Tax season is scary enough for many taxpayers without the added stress of carefully avoiding tax scams. Just because you’re an accountant or tax professional doesn’t mean you are immune to the scams that can wreak havoc on your life. Here’s what you need to know as a tax professional about tax scams, how to help...
6 Tips to Help Clients File Taxes With Confidence in 2023
Our 2022 year is coming to a close rather quickly, and tax season is approaching. No one seems to enjoy doing their taxes, but it's incredibly stressful for taxpayers when they're not confident in their ability to file correctly. As a tax professional, it’s your job to help clients feel more at ease about filing....
Renew Your PTIN Before the End of 2022
The end of 2022 is approaching quicker than we realize. Get your Preparer Tax Identification Number (PTIN) renewed so you are able to submit your client’s tax returns in the upcoming year. Renew Your PTIN Before the End of 2022 It’s time to renew your Preparer Tax Identification Number (PTIN) before the end of...