Information from the Return Preparer Office: The Return Preparer Office will be mailing more than 312,000 letters this week to people who have not yet scheduled an appointment to take the Registered Tax Return Preparer test. (SAMPLE RTRP NOTICE LETTER) This summer the RPO sent two different emails on this topic, but  the RPO Office […]

An interesting question was posed this morning that made me think and question it myself. That question was “why does tax season seem to begin later and later every year?” My first thought was simply the day of the week that that date range falls on, but then I pulled up the calendar. Tax season […]

This notice is particularly for Certified Acceptance Agents. Hopefully, you all have kept appropriate documentation on returns which had W-7 applications for an Individual Taxpayer Identification Number.  The word on the street is that the IRS is taking a sample pool of ITINs per CAA and investigating the appropriateness of the work done. By that […]

Our next webinar will be covering General Tax Law Updates for the coming tax season.  The webinar will be hosted next Thursday, September 6th at 5:30pm Eastern.  As always, if you are not able to attend the live webinar, it will be available for archive viewing on your partner portal 24-48 hours after the live […]

Many businesses sell medical marijuana in the retail sector. Of course, having legalized marijuana on a state level, makes this business practice legitimate for state taxes but what about federal taxes? For federal tax purposes, since marijuana is still illegal, it prevents this business from being treated as a real business with deductible expenses. However, […]