NY tax return preparers are required to register with the state annually.  The link for this registration is below.  Please be sure to register for this state certificate before the start of the tax season.  Once registered you will receive a New York Tax Preparer Registration Identification Number (NYTPRIN).  This number must be entered all […]

The Internal Revenue Service today issued the 2011 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.  Be aware, these figures are for the coming year, not for taxes being filed next month!  Rates for 2010 were $.50/mile for business purposes. Beginning on […]

Marketing, Marketing, Marketing….  That is what makes or breaks 99% of all tax office start-ups!  What is your office’s marketing plan for this tax season.  If you do not have one yet, be sure to log in and check out the Custom Marketing Center where you can adopt one of the predefined marketing programs, print […]

Offices preparing returns that have had the Earned Income Tax Credit denied will be receiving compliance letters stressing the importance of operating with Due Dilligence in the future.  Earned Income Tax Credit is one of the most fraudulently used tools in individual tax preparation.  As a preparer you should be aware of the EITC due diligence requirements as well […]

Just a heads up for offices that have any outstanding bank product returns to be funded.  Any remaining 2009 returns which were field using bank products that are funded from this point forward will have checks printed at the bank and mailed to the client at the address listed on their return.  Preparation fees will […]