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Taxpayer Documents Missing or Incorrect? Here’s what to do!
Missing or incorrect documents for tax preparation are the last thing you need to deal with when it’s crunch time. There are still options to get your taxes prepared even in unfavorable circumstances however. Reach out to your employer or issuing agency for correct documentation. Sometimes things slip through the...
Grow Your Tax Business With 4 Simple Steps
Trying to grow your tax business? Of course, growing any business is never an “easy” task but we want to break down four methods that can help you build your business in a way that hopefully makes things a little more simple. Tax professionals have used these steps to develop and grow their businesses and we...
Advice to Give Clients Going into Tax Season
Everyone wants to pay the least amount of taxes possible, while receiving their return as quickly as possible. But as a tax professional, it’s your job to report your client’s income and assets accurately, while keeping their goals in mind. There is some basic advice to offer all of your clients to simplify and...
10 Tax Breaks Not to Overlook
The IRS is already accepting tax returns, and you’ve likely begun receiving your tax documents for the 2021 tax year. With the tax code becoming increasingly complicated, and more people than ever filing returns to take advantage of tax savings, it’s important to stay on top of all of the deductions and credits...
Refund Delays Expected Again as IRS Falls Behind on Processing Returns
The IRS will begin accepting and processing returns on January 24, 2022. Last year, the IRS postponed Tax Day for the second year in a row; returns could be turned in as late as May 15. The postponed Tax Days allowed the IRS to adjust to changes to the tax code. However, millions of taxpayers experienced delays in...
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