Recovery Rebate Credits Getting Separated from 2020 Tax Refund?
Over the last few days, as federal refunds have started to get disbursed, we have been noticing some unexpected behavior regarding tax return acknowledgements and tax refund figures. While investigating refund figure changes, we noticed that the discrepancy appears to be the exact amount of the recovery rebate credit from line 30 on the 1040. […]
What is Your Tax Business Marketing Mix?
Finding the right marketing for your tax business is important for so many reasons. A developed, concrete and executable marketing plan enables you to properly allocate resources to that area of the business. Unfortunately, this is one budgetary line item that many tax business owners dismiss as unnecessary spending. If done poorly or improperly, this […]
How to become a Tax Return Preparer
Thinking about becoming a tax return preparer? If you are feeling overwhelmed by the tax code changes, business start up costs, or timeliness of your endeavor, stop. Becoming a tax return preparer is easier than it may seem. At least the technical aspects are not too difficult. Finding time to develop your stills may be […]
Upcoming Deadlines for TY2017, Processing year 2018
Reminder – Federal Partnership and S Corp Returns Deadline is March 15, 2018 Remember, the federal filing deadline for federal calendar year partnership (1065) and S Corporation (1120S) returns is Thursday, March 15, 2018. For returns that are rejected on March 15, the return will be considered timely filed if it is re-transmitted and accepted […]
February 28th is last day to apply for Tax Refund Advance
Tomorrow, Feb. 28th 2018, is the last day to apply for Fast Cash Advances, but traditional bank products will continue to be available through the end of October.