Avoid Bad Tax TikTok
TikTok has exploded in popularity over the past few years, with millions of users sharing short videos on everything from dance trends to cooking tutorials. However, one area where TikTok may not be the best source of information is tax advice. While some TikTok creators may offer well-intentioned advice, there are several reasons why you […]
Taxpayer Liability Reminder
As a taxpayer, it is important to understand that you are ultimately liable for the information included on your tax return. This means that if there are any mistakes or inaccuracies on your return, you could be held responsible for any resulting penalties or fines. The IRS has a system in place to help ensure […]
Help! My Direct Deposit info was wrong on my 1040. What happens now?
If you’re like most people, you probably look forward to receiving your tax refund each year. However, if the bank account information you provided to the IRS is incorrect or outdated, you might be wondering how you’ll receive your refund. The good news is that the IRS will still send you a check for your […]
Have You Applied for Your EFIN?
This tax season will be especially turbulent with the new pre-season tax loans and preparing estimates using the new tax law. Pre-season tax loans, up to $5,000, will be approved as a percentage of the refund and the approval will be based on return criteria (as in the past). However, this year, you will be […]
Getting Your EFIN (Electronic Filing Identification Number)
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 […]