Tax Talk

Here are eight important points about the two different penalties you may face if you file or pay late. If you do not file by the deadline, you might face a failure-to-file penalty. If you do not pay by the due date, you could face a failure-to-pay penalty. The failure-to-file penalty is generally more than […]

During the most recent Bush administration, individual income tax cuts passed which are now expected to expire at the end of this year. This year is an election year which means that politicians are waiting until after the election to decide whether or not the tax cuts will be extended. According to Accounting Today, most […]

The deadline to file your taxes is April 15th.  Many people find themselves not quite ready to file, and this is when knowing how to file an extension becomes very useful, giving your client another reason to keep you as his personal tax professional.  There will be a webinar this Thursday, April 5th at 6pm […]

Rejections are an inevitability in the tax preparation world. Previously claimed dependents, wrong EINs, etc. Now, take a second to think about how nice it would be with out them. Ok, stop. That will never happen. So, instead of wishing for the impossible, simply go to your partner portal, log in, and go to your […]

Yet another company claiming to assist taxpayers with tax debt resolution files for Chapter 11 bankruptcy. From false claims of help to deceptive businesses practices, another national tax resolution company shows why it may best to go with a local tax professional. Many national tax resolution companies advertise negotiation help in resolving clients’ debt problems. […]