When reviewing your clients' prior year tax returns be sure to check to see if they claimed any college expenses,…
Offices preparing returns that have had the Earned Income Tax Credit denied will be receiving compliance letters stressing the importance of operating…
The Internal Revenue Service today issued the 2011 optional standard mileage rates used to calculate the deductible costs of operating…
The IRS is now accepting returns with Itemized deductions, First Time Home Buyer Credits, Educator Expenses, etc, that were previously…
In past tax seasons, returns filed with an ITIN (Individual Taxpayer Identification Number) reporting wages paid had to have the…
While most tax offices have already experienced a considerable slow down from the peak weeks of late January and early…
Many people are under the misconception that filing a tax extension will allow for a delay in having to pay…
Many tax preparers are unaware that the IRS accepts e-filed returns through October 15th. This can be both for taxpayers…
The IRS has just released its’ adjusted mileage rates for the second half of tax year 2011. These rates will…
New for the 2011 tax season all W2s will require a manual entry of clients social security number. Software companies…
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