Federal Direct will be hosting a webinar covering significant changes to the ITIN program that effect all applicants in the process.  This webinar will provide 1 IRS continuing education credit in the Tax Law Updates category.  The webinar is scheduled for Tuesday July 17th at 5:30pm Eastern.  Webinar invites have been to all Federal Direct […]

This morning the Supreme Court upheld the constitutionality of the Affordable Care Act.  The most debated issue was the individual coverage mandate element of the law which levies penalties to taxpayers who are required to purchase insurance coverage but fail to do so.  Administration of the Affordable Care Act will be serviced by the IRS; […]

US citizens working and living abroad received an extension to file of 2 months.  That deadline is just around the corner, June 15th.  Be sure to inform any of your clients in this category of filers!

If you have a client who is attempting to get ITINs for dependents, he or she must be a parent or use a Power of Attorney form for immediate family (grandparents, brothers, sisters, etc). If your client is an aunt or uncle, the Power of Attorney will not work. In this instance, you will notarize […]

The IRS has released the final revisions to the 2011 tax year publication 17.  This publication is probably the most comprehensive set of information covering individual tax return filing, and is also one of the forms that will be available to you while taking the upcoming RTRP examination.  You can access a downloadable form of […]