Feb 21
800,000 Taxpayers Received Wrong Tax Info from Health Insurance Marketplace 454 WASHINGTON, D.C. (FEBRUARY 20, 2015) BY MICHAEL COHN Approximately 800,000 taxpayers who received health care coverage through the federal insurance marketplace Healthcare.gov were sent the wrong information on their Form 1095-A and are being urged to wait to file their taxes until the first …
Jan 19
IRS Cuts Back Help Desk Hours for Tax Pros 77 WASHINGTON, D.C. (JANUARY 16, 2015) BY MICHAEL COHN The Internal Revenue Service is eliminating the extended weekday hours, Saturday and President’s Day availability of its e-help desk service due to budget cuts. Get access to this article and thousands more… All Accounting Today articles …
Dec 18
The President is expected to sign the tax extenders bill which will extend the tax breaks until the end of 2014, but will force Congress to have to take up the issue again in 2015. Maybe they will do it sooner than the end of the year next year… This should keep the tax season …
Dec 14
Zip Refund had teamed up with RefundSafe to allow their nationwide tax preparers to offer this valuable add on service to their clients for the third year in a row. With acknowledgement the problem of irs identity theft continues to get worse for their preparers and clients, it was one of the first companies to …
Dec 08
The tax season starts in January, so it’s almost here and more than half of the 300 million Americans will be looking for someone to prepare their tax returns. If you have been thinking of starting a tax preparation business, now is the time to do it. There is a market of about 150 million …
Nov 14
Due to its confusing nature, filing of tax returns is a dreadful thing for many Americans. Due to this, they choose to pay for the services of tax preparers’ rather than make the computations and file the returns themselves. The great number of people, who require the assistance of professional tax preparers has caused …
Nov 11
A preparer tax identification number must be obtained by a person who, for a fee, prepares or assists in the preparation of individuals’ or the tax returns of a ‘business’, refund claims or other forms of federal compensation. Enrolled agents are also required to have a PTIN. If you already have this number, you must …
Nov 03
IRS Adjusts Tax Rate and Deduction Levels for 2015 360 WASHINGTON. D.C. (OCTOBER 30, 2014) BY MICHAEL COHN The Internal Revenue Service announced the annual inflation adjustments for tax year 2015 for more than 40 tax provisions, including the tax rate schedules, and other tax changes. Get access to this article and thousands more… …
Oct 10
We have been contacted by many people asking if this article is true or false….. it is FALSE! Read more at http://www.snopes.com/media/notnews/taxdelay.asp#u0ArXeCYeloyXx6H.99
Sep 24
This tax season will be slightly different with the new Affordable Health Cara Act in full force. Here is some preliminary info on the forms that will be needed to be completed. If you are a Zip Refund preparer then all of this will be in the easy to use process in the software! IRS …
