Tax News

Earned Income Tax Credit – Preparer Fraud Penalty Increases

IRS released new information today highlighting increases in EITC preparer fraud penalties.  The standard monetary penalty has increased from $100…

14 years ago

Faster Tax Refunds This Tax Season!

The IRS will be filing all returns through the new Modernized E-File (MEF) system this coming tax season.  This translates…

14 years ago

IRS Changes Start of E-Filing Season

For the coming 2011 tax season, the IRS has changed the date they will start accepting e-filed returns to January…

14 years ago

Schedule C Clients and How Then Can Beat An Audit

IRS statistics show that approximately 4% of all returns including schedule C income eventually get audited.  Half of these returns…

14 years ago

Extended Deadline for E-Filing 2010 Tax Returns… Oct. 31st, 2011

Oct 15th is the date published on the IRS' official e-file chart, but they have changed it to 8am Eastern,…

14 years ago

New Earned Income Credit Filing Requirements for the 2011 Tax Year

The IRS announced that they will be continuing their "Knock and Talk" EIC preparer education program, along with sending compliance letters, initiating…

14 years ago

Final PTIN registration details released

Provisional PTINs: available through 4/18/2012.  This means that you WILL be able to get a PTIN prior to completing the…

14 years ago

Get Your PTIN NOW!

For anyone who has not heard the deadline for avoiding having to take the RTRP Examination until December 2013 is…

14 years ago

Nearly 2 Million Fewer Tax Returns Filed in 2009 vs. 2008

The IRS released statistics showing total filing figures for the country along with individual state statistics also. One of the…

14 years ago

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…

14 years ago

This website uses cookies.