New PTIN application forms released by IRS
New IRS forms for PTIN application and reregistration have been released!
New IRS forms for PTIN application and reregistration have been released!
Interesting story about a Dallas tax business owner who named his business Jackson “Hubbert” and landed himself a significant jail sentence and a $500K fine for inventing tax credits for clients. check it out at: Jackson “Hubbert” story.
Many tax office owners are expanding their practices this year by opening another physical office. This is a great way to increase business by increasing availability to your market. You should be aware that the IRS does require that you obtain an Electronic Filer Identification Number (EFIN) for each physical office you operate. If you […]
Extension and e-filing deadline approaching.
Employer Identification Numbers (EINs) are generally used if you hire employees and wish to keep your social security number off of their W2 or 1099 wage statements. You can also use an EIN to open an business bank account. Just because you get an EIN does not mean that you have incorporated your business and […]