Tax Tips & Information

Newest Tax Filing Statistics Released

It takes approximately 1 year for the IRS to tabulate and release statistical information related to tax filings.  They have…

13 years ago

Tax Credit for Hiring a Veteran Proposed

President Obama just recently proposed a new tax credit for hiring veterans that have recently returned from combat overseas.  The…

13 years ago

Tax Preparer Tips – MN State refund distribution delay

Note to all offices preparing MN state tax returns - Minnesota has placed their state government offices and agencies on…

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

Business Mileage Deductions Changes for 2nd Half of 2011

The IRS has just released its’ adjusted mileage rates for the second half of tax year 2011. These rates will…

13 years ago

E-file Tax Returns through Oct. 15th 2011

Many tax preparers are unaware that the IRS accepts e-filed returns through October 15th.  This can be both for taxpayers…

14 years ago

Tax Prep tips for clients filing extensions

Many people are under the misconception that filing a tax extension will allow for a delay in having to pay…

14 years ago

Last Minute Filers – Tax Preparers be ready!

While most tax offices have already experienced a considerable slow down from the peak weeks of late January and early…

14 years ago

New Process for e-filing returns with ITINs and SSN mismatches

In past tax seasons, returns filed with an ITIN (Individual Taxpayer Identification Number) reporting wages paid had to have the…

14 years ago

Itemized Returns Now Being Accepted

The IRS is now accepting returns with Itemized deductions, First Time Home Buyer Credits, Educator Expenses, etc, that were previously…

14 years ago

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