Who do Enrolled Agents turn to for tax help?
Enrolled agent status is the highest credential that the IRS awards to tax professionals. Individuals who achieve this designation have expanded abilities to help taxpayers, much like those of CPAs or attorneys. The tax code is constantly changing, but it is certainly not simplifying. Even after IRS Enrolled Agents meet their continuing education requirements, there […]
Consolidating Your Tax Office Efficiency Resources
How often does your tax office do an inventory of its efficiencies? Tax office efficiency sounds like an afterthought, but when you analyze the operational constraints that impact your efficiency, you may be able to improve office efficiency and discover areas that in turn save you time and money. Many tax offices struggle with too […]
End of 2020 Tax Filing Season Extended Hours & Tips
We are now within 1 week of the May 17th filing deadline and many of you are as busy as ever assisting procrastinating clients! Federal Direct will be available for extended support hours this Friday, Saturday and Monday leading up to the filing deadline. Give us a call and we can help get those last […]
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. […]
Tax Business Marketing Mix
Marketing is often a second thought when starting your own tax prep business; when the truth is, tax advertising should be the first thing you consider when constructing the foundation for a successful startup. You can be the best tax preparer, EA, or CPA in the country and be able to do taxes in your […]