Last Minute Filers – Tax Preparers be ready!
While most tax offices have already experienced a considerable slow down from the peak weeks of late January and early February, do not become complacent and overlook the revenue potential that can come from the last minute crowd! While most of these last minute filers will not choose bank products, they certainly are worthy clients […]
New Process for e-filing returns with ITINs and SSN mismatches
In past tax seasons, returns filed with an ITIN (Individual Taxpayer Identification Number) reporting wages paid had to have the ITIN listed on the wage statement to be eligible for electronic filing. Due to programming changes the IRS’ e-file system, That is no longer required. The taxpayer’s correct ITIN should be used as the identifying […]