If you’re thinking about starting a tax preparation business from home, then you’re in good company. For many new tax preparers, this is a great way to get started and build some tax preparation experience while having the lowest amount of overhead as possible. In addition to reducing your overhead, you’ll be able to deduct […]
EPS Last day to apply 10/15/18 Last day to print in office 10/31/18 Checks go stale 10/31/18 TPG & PSCOM Last day to apply 10/20/18 Last day to print in office 10/31/18 Checks go stale 11/30/18
The e-services portal has undergone many large changes over the last couple of years, but the application process is very similar…once you get in. Go to IRS.gov and click on “Tax Pros” in the top right. Then click on “Access E-Services” and scroll down to “E-File Provider Services.” Finally, click on “Access e-file Application.” One […]
EFTPS users: Payments must be scheduled by 8 PM ET at least one calendar day before the tax due date. Individuals: Pay the third installment of your 2018 estimated tax – Use Form 1040-ES. Corporations: Deposit the third installment of your 2018 estimated tax. Electing Large Partnerships: File Form 1065-B if you timely requested a […]
Many individual tax identification numbers will expire at the end of 2018 unless renewed. Those not used on a return in any of the last three years expire on Dec. 31. Also expiring at year-end are ITINs with middle digits of 73, 74, 75, 76, 77, 81 or 82. Affected individuals may renew their ITINs […]
EPS Last day to apply 10/15/18 Last day to print in office 10/31/18 Checks go stale 10/31/18 TPG & PSCOM Last day to apply 10/20/18 Last day to print in office 10/31/18 Checks go stale 11/30/18
After the IRS created the Registered Tax Return Preparer program based on licensing of tax preparers they were sued. In court, and in appeal, they were not found to have statutory authority to regulate unenrolled preparers. Senator Rob Portman has introduced a new bill that would grant the IRS the authority that they need to […]
The IRS has released some very helpful videos with tips on how to maintain, monitor, and protect your EFIN.
With the passing of the Tax Cuts & Jobs Act, many tax laws will be changing. The tax law changes will not be represented on the Enrolled Agent Special Enrollment Exams until next year. If you can find the time and motivation to complete your Enrolled Agent exams between May 1, 2018 — February 28, […]
Following today’s system issues, the IRS is providing taxpayers an additional day to file and pay their taxes. Individuals and businesses with a filing or payment due date of April 17 will now have until midnight on Wednesday, April 18. Taxpayers do not need to do anything to receive this extra time. Throughout the system […]
If you’re thinking about starting a tax preparation business from home, then you’re in good company. For many new tax preparers, this is a great way to get started and build some tax preparation experience while having the lowest amount of overhead as possible. In addition to reducing your overhead, you’ll be able to deduct […]
EPS Last day to apply 10/15/18 Last day to print in office 10/31/18 Checks go stale 10/31/18 TPG & PSCOM Last day to apply 10/20/18 Last day to print in office 10/31/18 Checks go stale 11/30/18
The e-services portal has undergone many large changes over the last couple of years, but the application process is very similar…once you get in. Go to IRS.gov and click on “Tax Pros” in the top right. Then click on “Access E-Services” and scroll down to “E-File Provider Services.” Finally, click on “Access e-file Application.” One […]
EFTPS users: Payments must be scheduled by 8 PM ET at least one calendar day before the tax due date. Individuals: Pay the third installment of your 2018 estimated tax – Use Form 1040-ES. Corporations: Deposit the third installment of your 2018 estimated tax. Electing Large Partnerships: File Form 1065-B if you timely requested a […]
Many individual tax identification numbers will expire at the end of 2018 unless renewed. Those not used on a return in any of the last three years expire on Dec. 31. Also expiring at year-end are ITINs with middle digits of 73, 74, 75, 76, 77, 81 or 82. Affected individuals may renew their ITINs […]