Blog

The latest on the PPP

January 11, 2021 11:36 AM

The second COVID-19 relief bill on December 27, 2020 has added additional funds for individuals and businesses to support the economy and stabilize businesses hit hardest by COVID-19. Our friends Dr. Bart Basi and Roman Basi of The Center for Financial, Legal & Tax Planning, Inc. recently published a blog post...

Acronyms You Need To Know

January 4, 2021 1:50 PM

The Annual Filing Season Program is a voluntary program that has been designed to encourage non-credentialed tax return preparers to participate in continuing education courses, so they are in the know every year on the latest legislation. Whether you are a new tax preparer or you have been doing this for a long time,...

Why Answers Are Not Provided On Failed Tests

December 14, 2020 1:02 AM

One of the most common questions we are asked from individuals taking an Annual Filing Season Program course is… “Why are answers not provided on failed tests?” We understand that this is a frustrating policy. You put the time and effort to go through the material, study and take the exam only to find out that...

New IRS Ruling on the Paycheck Protection Program (PPP)

December 7, 2020 9:41 AM

COVID-19 has caused thousands of small businesses to shut across America, some partially and others permanently. The spring shutdowns delivered a gut punch to owners of businesses such as salons, daycare centers and tattoo parlors. Small businesses are the backbone of the U.S. economy, employing nearly half of the...

3 Things You Need to Know Before You Take Your AFTR Exam

October 16, 2020 11:32 AM

The Annual Federal Tax Refresher course (AFTR) is designed for non-credentialed tax preparers (preparers that are not CPAs, EAs, CFPs, and Attorneys) that seek to obtain the IRS Annual Filing Season Program (AFSP) – Record of Completion. The Annual Filing Season Program is a voluntary program that has been...