As a tax professional, you understand the complexities of tax laws and regulations. However, managing a successful independent tax office involves more than just filing returns during tax season. To provide the best service to your clients and grow your business, you need year-round tax support. In this blog post, we’ll explore the value of […]
As tax season rolls around, many people turn to DIY tax software to file their taxes. These programs can be a convenient and cost-effective way to file your taxes, but they also come with some risks. One of the biggest risks of using a DIY tax program is the possibility of making mistakes that could […]
As the owner or operator of a tax office, it’s essential to take measures to protect your Electronic Filing Identification Number (EFIN). Your EFIN is a unique identifier assigned by the IRS that allows you to electronically file tax returns on behalf of your clients. It’s important to keep this number secure because it can […]
Cybersecurity has become a crucial aspect of conducting business in today’s digital age. Tax offices are no exception to this trend, as they handle sensitive and confidential information related to individuals’ taxes, including social security numbers, income, and financial records. As such, it is imperative that tax offices prioritize cybersecurity measures to safeguard this information […]
In recent years, more and more businesses have been making the transition to a virtual environment. The COVID-19 pandemic has only accelerated this trend, forcing many businesses to adapt to remote work in order to keep their employees and customers safe. For those in the tax industry, taking your tax office virtual can offer a […]
EPS Last day to apply 10/15/18 Last day to print in office 10/31/18 Checks go stale 10/31/18 TPG & PSCOM Last day to apply 10/20/18 Last day to print in office 10/31/18 Checks go stale 11/30/18
After the IRS created the Registered Tax Return Preparer program based on licensing of tax preparers they were sued. In court, and in appeal, they were not found to have statutory authority to regulate unenrolled preparers. Senator Rob Portman has introduced a new bill that would grant the IRS the authority that they need to […]
The IRS has released some very helpful videos with tips on how to maintain, monitor, and protect your EFIN.
With the passing of the Tax Cuts & Jobs Act, many tax laws will be changing. The tax law changes will not be represented on the Enrolled Agent Special Enrollment Exams until next year. If you can find the time and motivation to complete your Enrolled Agent exams between May 1, 2018 — February 28, […]
Following today’s system issues, the IRS is providing taxpayers an additional day to file and pay their taxes. Individuals and businesses with a filing or payment due date of April 17 will now have until midnight on Wednesday, April 18. Taxpayers do not need to do anything to receive this extra time. Throughout the system […]