Tax Preparation Industry News

New IRS Commissioner Koskinen Approved

John Koskinen, a 74-year-old multimillionaire with a resume full of accomplishments, will be the new Commissioner of the IRS. The…

11 years ago

Tax Prep Fees on The Rise

According to Accounting Today, average fees for tax prep are rising. While it certainly does depend on which forms you…

11 years ago

IRS Commissioner Nominee Vows to Rehabilitate Tax Agency

John Koskinen, President Barack Obama’s nominee to run the U.S. Internal Revenue Service, said at a Senate panel’s confirmation hearing…

11 years ago

IRS Launches 2012 EITC Audits for Preparers

The IRS is starting this year's Earned Income Tax Credit due diligence compliance audits of return preparers. To select preparers…

11 years ago

Important- New Federal Tax Forms for Tax Year 2013

This coming tax year will be host to some new tax forms that will probably be around for the long…

11 years ago

Say “Goodbye” to These Common Tax Deductions

Tax planning help may be needed for taxpayers who, through a combination of tax credits, usually receive a tax refund…

11 years ago

4th Largest Tax Prep Chain in US Shut Down by Federal Gov.

Instant Tax Service has had their doors closed by US district court Judge Timothy Black.  Instant Tax was said to…

11 years ago

2014 IRS PTINs Now Available!

Anyone who, for compensation, prepares or helps prepare any federal return or claim for refund must have a valid PTIN…

11 years ago

Tax Season Delayed & IRS Sorting 1.4 Million Letters

Citing the need for "adequate time to program and test tax processing systems," the service announced that it expected a…

11 years ago

IRS to delay 2013/2014 e-filing season…Again!

Late breaking news:  IRS to delay the start of e-filing season again this year, blaming the recent government shutdown. While…

11 years ago

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