The Tax Preparation Blog

Archive for the ‘Tax Preparation Services’ Category

Seniors get help filing their taxes

The taxman cometh — but help is available for seniors.

Tax Education – National Association of Tax Professionals (NATP)

Question: What is the average hourly wage of a seasonal, entry-level tax preparer in North Carolina?

I’ve heard everything from $8 per hour to $32 per hour, so I don’t really know what to expect when I start in January.

Answer: CPA offices don’t want to pay anything for seasonal workers.
They pay about $8 to $10. If you can get $32 per hour, get a written contract.

Question: Why is the IRS not responding to my tax preparer fraud complaint?

I have sent 3 letter reporting a tax preparer for fraud and i still haven’t got any response from them yet. I put an email address for them to respond. I’m 100% sure he is committing fraud because i work for him. I think he gets people in legal trouble (audits from the IRS) while he makes thousands from them.I kept my identity a secret on those letter because i am related to the preparer that is committing a fraud. He is preparing false tax returns by “padding” deductions (schedule A) and adding education and creating false business’ (schedule C)

Answer: They’ve probably looked at it.

They’re not going to respond to you because they will not disclose any information about any actions they’re taking against taxpayers or tax preparers.

You’d be well advised to get the heck out of there. If you’re involved with someone committing fraud (Yes, being an employee is “involved”), these type of situations have a nasty habit of coming back to bite you even if you aren’t the one committing the actual fraud. If you have knowledge and stick around, after a while you become an accessory.

Some Turlock signs gone, some not

Outlaw signs have started to come down. But the “human signs” remain.

How to Save Money on Tax Preparation Services

Toronto poised to hike recreation fees to find $23-million

Weddings, false fire alarms among proposed increases

Canadian Pension Income Tax Splitting Services | pension-income-splitting.com

Question: Corporate Income Tax and My Own Credit Card Charge Question?

I am meeting my tax preparer next week. But I am curious of getting to know if I charge my own credit card to my own new small business so that my small business can have some startup fund to run.

Will it be categorized as income to my small business and become reportable business income? And if not, what is it categorized as?
I did a search on internet, it said owner equity is taxable…….is that right or I am missing something here?
I am meeting my new accountant next week. But I just want to have some background before I get confused totally

Answer: It will be called owner equity.

Ex-tax preparer in NW Ind. pleads guilty to fraud

HAMMOND, Ind. (AP) – A former income tax preparer in northwestern Indiana has pleaded guilty to taking personal information of clients and then cashing in more than $100,000 of fraudulent tax refunds.

Phil Jager Tax Preparer