Recent Tax Preparation Changes

CAA/ITIN Application Update- Regarding Dependents

If you have a client who is attempting to get ITINs for dependents, he or she must be a parent…

13 years ago

Earned Income Tax Credit – Preparer Fraud Penalty Increases

IRS released new information today highlighting increases in EITC preparer fraud penalties.  The standard monetary penalty has increased from $100…

13 years ago

New Earned Income Credit Filing Requirements for the 2011 Tax Year

The IRS announced that they will be continuing their "Knock and Talk" EIC preparer education program, along with sending compliance letters, initiating…

13 years ago

Tax Preparer Tips – Manual Entry of SSNs now required on all W2s

New for the 2011 tax season all W2s will require a manual entry of clients social security number.  Software companies…

13 years ago

HR Block RAL program officially terminated

H&R Block and HSBC have made it official that they will not be funding any RALs this tax season.  The…

14 years ago

Removal of the Debt Indicator – contact your legislator

Let your legislator know how you feel about them removing the Debt Indicator!  Click Here for methods of  making your…

14 years ago

New PTIN application forms released by IRS

New IRS forms for PTIN application and reregistration have been released!

14 years ago

NEW HSA qualified spending identified for 2011

The IRS has released their changes relating to Flex Spending Accounts for the 2011 tax season.  These regulations and changes…

14 years ago

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