Blog
Unlocking Tax Deductions for Small Businesses in 2024
As a tax preparer, your role in guiding small businesses through the labyrinth of tax deductions is more critical than ever. The tax year 2024 brings with it several deductions designed to alleviate the tax burdens on small businesses. Here's an in-depth look at these pivotal deductions, ensuring your clients can...
Guiding Clients Through An IRS Dispute
Dealing with the IRS on behalf of your clients can be daunting, but with the right approach, you can be a valuable advocate and guide them through the complexities of a tax dispute. This blog post offers strategies and key considerations for both tax preparers and their clients to navigate these situations...
Navigating IRS Audit Triggers: Essential Tips
As tax preparers, one of your primary goals is to prepare accurate tax returns that minimize the risk of an IRS audit. While an audit doesn't always signify a problem, it can be time-consuming and stressful for both you and your clients. Understanding what triggers an IRS audit and how to navigate these triggers is...
Top Changes in Tax Laws for 2024 Every Tax Preparer Should Know
Staying informed about the latest changes in tax laws is crucial for every preparer. With inflation and other factors constantly impacting the landscape, understanding these updates is essential to provide accurate and efficient services to clients. Here's a detailed breakdown of the top 10 tax law changes for 2024,...
How To Get Your Record of Completion for the 2024 PTIN Renewal Season
Here is how to check your online account for your continuing education credit hours and how to verify those hours for the annual filing season program, as well as consent to Circular 230 once your continuing education requirements have been met. First, log into your PTIN account at rpr.irs.gov/PTIN. Once there,...