Tax season for tax filing year 2025 is rumored to be starting late this year, so, when will tax season start in 2026? The new IRS commissioner, Billy Long, was quoted in July 2025 stating that tax season could start around President’s Day in 2026. That would mean tax season 2026 would start in mid-February. […]
Professional tax software costs range from lower cost, a few hundred dollars, to very high cost, several thousands of dollars. Tax software costs stem from the extensive input from developers and total overall functionality of the program. Will you be paying thousands for no-cost unlimited e-filing or will you be paying hundreds for the program […]
As tax season approaches, and tax adverts begin flooding the radio and tv, you may be wondering about the benefits of owning a tax franchise or whether or not you even need a tax franchise to start a tax preparation business. The truth is that you do not need to buy a tax franchise to […]
IRS has announced that they will begin funding Path Act-delayed returns with refunds containing refundable credits next week, with the largest payout day being Wednesday, the 25th. Direct deposits, check print authorizations, and prepaid card funding are estimated to begin funding on Wednesday 2/25 and could start to flow as early as Monday, 2/23. All returns submitted […]
Federal tax returns, timely filing deadline is this Wednesday, April 15th, 2026. Tax returns needing additional time can e-file an extension, form 4868, to allow until October 15th for timely submission. For a short tutorial on how to file an extension click here: https://youtu.be/nbW81JskeE0 Best Practices as we approach Deadline Day: 1. Extended hours are available for tax & tech support […]
For taxpayers who had previously requested extensions, the tax filing deadline is approaching. The filing deadline is October 15th and the IRS suggests that returns are e-filed as it is the easiest, safest and most accurate way to file, but if you chose to paper file, be sure that the tax return is postmarked by […]
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. https://youtu.be/iXb0_ElZYdQ
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, […]
Disclosure authorization and electronic account resolution programs will be closing as previously scheduled on August 11th, 2013. Over 4,000 tax pros have signed petitions urging the service to reconsider, to no avail. As it looks at this point be sure to get your POAs and document request forms filed ASAP, before these time saving services […]
Just a reminder that tomorrow, 4/20/2013 is the last day to timely file returns that were previously rejected. Also, be sure not to cause undue alarm to your clients that are getting refunds; there is no late filing penalty for filing a return after 4/15 if you are claiming a refund!
There are more than 11 million taxpayers who have requested an automatic six-month extension this year and have yet to file. October 15 is the deadline, but there are exceptions. There are always exceptions. Are you serving in Iraq or Afghanistan or a combat zone? If so, you can stop reading, but the majority of […]
Amending Returns & Working With Form 1040X Join us for a Webinar on September 20 Space is limited. Reserve your Webinar seat now at: https://www1.gotomeeting.com/register/389913072 This course will cover amending individual tax returns and working with IRS form 1040X. We will review amending returns you initially prepared and also returns initially completed by other tax […]
This notice is particularly for Certified Acceptance Agents. Hopefully, you all have kept appropriate documentation on returns which had W-7 applications for an Individual Taxpayer Identification Number. The word on the street is that the IRS is taking a sample pool of ITINs per CAA and investigating the appropriateness of the work done. By that […]