Tax Preparation Checklist for New Tax Preparation Offices
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? […]
Tomorrow’s Webinar: Amending Returns and working with form 1040X
Tomorrow evening’s webinar will be covering how to properly complete an amended return for your clients, to fix other preparers mistakes, where to mail the completed forms, how long you have to request refunds through the amendment process, and what documentation needs to be attached to form 1040X. This webinar is primarily focusing on Federal Direct […]
When Does My Tax Preparer PTIN Expire?
Tax Preparers were required to get a Preparer Tax Identification Number last tax season. Those PTINs were initially scheduled to expire one year, to the day, from when they were issued. That time frame has been changed by the IRS, now all PTINs will expire on 12/31 of the following year. This translates to anyone […]
Tax Debt forces SuperBowl Veteran to put championship ring up for auction
Fuzzy Thurston, a former lineman of the Green Bay Packers will be auctioning off his 1967 SuperBowl Championship ring to help with his 1.7 Million tax debt. The tax debt originates from Thurston’s post NFL business venture where he opened a chain of restaurants called The Left Guard. The original debt was issued in 1984 […]
WIN A FREE NEON TAX OFFICE SIGN
We will be giving away a free “Fast Tax Refunds” neon sign. Simply send us pictures of your tax office inside and out and we will pick the best setup and we will get the sign shipped out. Most of our interaction with our offices is done over the phone and this lets us put […]