Tax Clients Liens & Levies – IRS offers “Fresh-Start Open House” Tomorrow
The Internal Revenue Service will open the doors to dozens of its Taxpayer Assistance Centers across the country this coming Saturday, July 16, 2011, to answer taxpayer questions and provide help with tax filing issues. This special event is particularly intended for people who want to make a “fresh start” by taking steps to have […]
Tax Preparer Tips – Manual Entry of SSNs now required on all W2s
New for the 2011 tax season all W2s will require a manual entry of clients social security number. Software companies will no longer be allowed to prepopulate SSN onto W2s. The reasoning behind this is related cleints having ITINs (Individual Tax Identification Number) instead of Social Security Numbers. In past years software programs would simply populate the […]
When Does My Tax Preparer PTIN Expire?
Tax Preparers were required to get a Preparer Tax Identification Number last tax season. Those PTINs were initially scheduled to expire one year, to the day, from when they were issued. That time frame has been changed by the IRS, now all PTINs will expire on 12/31 of the following year. This translates to anyone […]
Business Mileage Deductions Changes for 2nd Half of 2011
The IRS has just released its’ adjusted mileage rates for the second half of tax year 2011. These rates will be in effect for all clients returns this coming January. Be aware, taxpayers always have the option of calculating and using actual expenses for their vehicle, but typically the mileage rates offer taxpayers the most […]
IRS Tax Preparer Forum in Atlanta, GA
Planning on attending the Atlanta, GA IRS tax forum? Be sure to let your Account rep know. We would love the opportunity to meet with you face to face and chat about the past season and discuss strategies for the coming year. The Altanta, GA IRS forum is scheduled for June 28th -30th, and is […]