Over the last few days, as federal refunds have started to get disbursed, we have been noticing some unexpected behavior regarding tax return acknowledgements and tax refund figures. While investigating refund figure changes, we noticed that the discrepancy appears to be the exact amount of the recovery rebate credit from line 30 on the 1040. […]

Thinking about becoming a tax return preparer? If you are feeling overwhelmed by the tax code changes, business start up costs, or timeliness of your endeavor, stop.  Becoming a tax return preparer is easier than it may seem.  At least the technical aspects are not too difficult.  Finding time to develop your stills may be […]

Reminder – Federal Partnership and S Corp Returns Deadline is March 15, 2018 Remember, the federal filing deadline for federal calendar year partnership (1065) and S Corporation (1120S) returns is Thursday, March 15, 2018. For returns that are rejected on March 15, the return will be considered timely filed if it is re-transmitted and accepted […]

Tomorrow, Feb. 28th 2018, is the last day to apply for Fast Cash Advances, but traditional bank products will continue to be available through the end of October.

EFIN- Electronic Filing Identification Number Is your EFIN approved? If not, where are you in the process? Have you started your registration for your tax business?   PTIN- Preparer Tax Identification Number Is your PTIN renewed for the upcoming season? Are PTINs renewed for all the tax preparers in your tax business? Are you AFSP? […]