Tax Preparation Industry News

100,000 Tax Preparers to be target by the IRS for PTIN violations in 2010 season

The IRS has began sending letters to about 100,000 tax return preparers who either used outdated PTINs or used social…

15 years ago

Over 50% of all households paid NO federal tax for 2009

Over 50% of all US households paid NO federal tax for the tax period of 2009.  Even more impressive than…

15 years ago

Tax Implications of Federal Government passing Debt Ceiling Increase

The bill to increase the US debt ceiling passed both the House and Senate Monday evening.  The bill raises the…

15 years ago

Average Tax Prep Fees Remained Unchanged for Tax Year 2010

Average fees for a 1040 individual tax return prepared during 2011 were $233, according to a survey of over 8,000…

15 years ago

Tax Credit for Hiring a Veteran Proposed

President Obama just recently proposed a new tax credit for hiring veterans that have recently returned from combat overseas.  The…

15 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…

15 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…

15 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…

15 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…

15 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…

15 years ago

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