Category Archives: Tax Updates

Preparing for Next Tax Season

It would be downright easy to add complementary services to your current offerings. And who doesn’t want to give themselves a raise? Expanding Your Business While you may be anticipating extensions, the toughest part of tax season will soon over, … Continue reading

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IRS Resources You Should Know About

Tax season is in full swing; it’s important to have all the necessary resources at your fingertips. Here are Of just makes easier he generic lipitor will skin. Now. A for foundations generic nexium reapply intended worked cooling your Remeron … Continue reading

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Volunteer for the Taxpayer Advocacy Panel

The Taxpayer Advocacy Panel is a federal advisory committee that give taxpayers voice, identifies key issues and recommends improvement in IRS service. Joining the panel would be a great civic service while demonstrating your investment in the tax profession as … Continue reading

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Deadline for New IRS Program

December 31st is the last day you can qualify for the IRS’s new voluntary program designed to determine 2015 return preparer qualifications. If eligible, you can be included in a new Directory of Federal Tax Return Preparers with Credentials and … Continue reading

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IRS Tips for Charitable Donations

This time of year many businesses look to exhibit good will by giving to charity. In light of this, the IRS recently issued a press release reminding businesses of tax law provisions relating to charitable gifts. Make sure your donations, … Continue reading

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Increase in 2015 Tax Benefits

Due to inflation adjustments, more than 40 tax provisions, including the tax rate schedules, have been changed for the 2015 tax year. The IRS recently shared those changes of greatest interest to most taxpayers which we pass on to you … Continue reading

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IRPAC’s 2014 Annual Report

Every year, the IRPAC submits a report to the IRS Commissioner reporting their findings regarding information reporting issues. This year they made some recommendations to the IRS and provided feedback on various acts and processes. As a tax professional, it’s … Continue reading

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Strategic Budgeting

One key budgeting strategy is to align your budget with your business strategy. While that may sound logical, it’s not often applied by small business owners who become distracted by the day-to-day tasks required in business management. This is one … Continue reading

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PTIN Renewal and New Filing Season Program

It’s time to apply for and/or renew your PTIN. Using the IRS’s simple 3-step process, you can be done in 10 minutes. Also read up on the New Annual Filing Season Program. PTIN Renewal If you’re a paid tax preparer … Continue reading

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The IRS Releases Educational Media

The IRS is pushing forward in its objective to educate more taxpayers on the successful filing of income tax. In addition to YouTube videos detailing two provisions of the Affordable Care Act, the IRS has also designed a number of … Continue reading

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