Category: Tax Preparers

PATH of 2015

Protecting Americans from Tax Hikes Act of 2015 (the PATH Act) – 12-18-2015   Here is a list of key provisions. Made permanent: Enhanced Child Tax Credit Enhanced American Opportunity Tax Credit Enhanced Earned Income Tax Credit IRA-to-charity — California automatically conforms R&D credit IRC §179 — enhanced Above-the-line educator deduction Sales tax deduction Built-in …

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IRS Lowers Amount for PTIN Number

irs lowers ptin cost

The IRS recently announced that it will be charging less for PTIN (Preparer tax identification number) registration and renewals. The PTIN is required to be a paid tax preparer so this is good news for all tax preparers. Instead of the usual $63 it will now only cost $50 for the upcoming 2016 tax season. …

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Tax filing problems could jeopardize health law aid for 1.8M

FINANCE JULY 06, 2016 Verizon hikes prices, though new options could save money Verizon is hiking prices on its cellphone plans, though the new rates come with changes that might save you money. If you …     JULY 05, 2016 Conservative Party starts choosing leader as pound sinks The race to succeed Conservative Prime …

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800,000 Taxpayers Received Wrong Tax Info from Health Insurance Marketplace

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 were sent the wrong information on their Form 1095-A and are being urged to wait to file their taxes until the first …

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Zip Refund Teams Up With RefundSafe for Third Year

irs identity theft

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 …

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Obtaining Your PTIN -Preparer Tax Identification Number

how to get a ptin

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 …

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IRS Adjusts Tax Rate and Deduction Levels for 2015

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… …

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2014 Federal Refund delay FALSE!

We have been contacted by many people asking if this article is true or false….. it is FALSE! Read more at

Healthcare Form May Delay Tax Season For Some


Good info for tax preparers to add to their education packet to clients for this upcoming season.     HEALTH     JULY 06, 2016 Villegas torn between PGA Tour card and Olympics Camilo Villegas is torn between trying to keep his PGA Tour card and playing for Colombia in the Olympics. Villegas said in …

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IRS Start Date 2014 is January 31

IRS start date

Although this is the latest ever the IRS has started accepting returns, they seem to think it will not affect the season significantly. They recently announce their start date to be Jan 31, 2014 for the first efile acceptance. They will not be accepting any returns including paper before that and if someone files by …

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