The Tax Preparation Blog

Archive for the ‘Tax Preparers’ Category

Question: About to start work as a tax preparer.?

Hi, I’m about to start a job as a tax preparer for a small firm. It’s been awhile since I’ve done individual returns. I don’t exactly remember what software he uses.

Anyway, do you have any recommended study/reading material I should go through before starting work?

Answer: Congratulations.

This is going to be a challenging 2008 tax season.

How current are you with the current tax law changes as you did not provide any information about your background???

Best things to do are:
1. Pull up the various tax forms to familiarize yourself with them
2. Learn the software that your firm has and KNOW how to use it
3. Take a Tax seminar that highlights the 2008 tax law changes.

The seminars are available through local state and professional tax groups so contact them to see which is available in your area!

Income Tax Fundamentals 2012 (with H&R BLOCK At Home(TM) Tax Preparation Software CD-ROM) $119.00 INCOME TAX FUNDAMENTALS 2012, 30E provides readers with a concise, practical, and time-tested introduction to the most important areas of tax law. For over thirty years, this textbook has been the market-leading standard due to its step-by-step workbook format that walks readers through real examples using actual tax forms. And, with plentiful study tools, including online interactive self-quizzes…

Income Tax Fundamentals 2011 (with H&R BLOCK At Home(TM) Tax Preparation Software CD-ROM) $48.97 About This Edition Trust the number one tax preparation text to introduce students to individual income tax preparation using a proven forms approach with a hands-on workbook format. As the market-leading tax preparation text for 29 years, Income Tax Fundamentals, 2011 Edition, provides a concise, practical, and time-tested introduction to the most important areas of the tax law…

Getting Started in Tax Consulting $26.36 The Complete, Authoritative Guide to Getting Started in Tax ConsultingTax consulting and return preparation is a fast-paced, dynamic industry-one that promises high earning potential. In this book, tax advisor Gary Carter shows you just what it takes to become an in-demand tax consultant. You’ll discover how to break into the tax business, even with relatively limited education and training, and b…

Tax Tip: IRS presents the Top Ten Tax Time Tips

Here are the IRS’ top 10 tips that will help your tax filing process run smoother than ever this year.

Barack Obama & the DC School Voucher Program

IRS Form 1023 Tax Preparation Guide $49.99 Line-by-line tips and instructions to successfully file Form 1023IRS Form 1023 Tax Preparation Guide provides comprehensive instructions for completing and filing the new and significantly revised Form 1023 (Application for Recognition of Exemption under Section 501(c)(3) of the Internal Revenue Code).Nonprofit organizations–including health and human service organizations, schools, private found…

IRS approves third-party checkbox initiative.(tax preparers): An article from: The Tax Adviser $5.95 This digital document is an article from The Tax Adviser, published by American Institute of CPA’s on July 1, 2000. The length of the article is 890 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation DetailsTitle: …

Disclosure consent under (section) 7216: IRS rules effective Jan. 1, 2009,delineate more strictly tax return preparers’ duties to safeguard taxpayer … use.: An article from: Journal of Accountancy $9.95 This digital document is an article from Journal of Accountancy, published by American Institute of CPA’s on October 1, 2009. The length of the article is 591 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.Citation DetailsTitle: Disclosure consent under…

MC students to offer Free Tax Preparation starting Feb. 1

MONMOUTH — Monmouth College will offer free computerized tax preparation and e-filing, beginning Feb. 1. This service is provided in cooperation with the Internal Revenue Service’s Volunteer Income Tax Assistance (VITA) program.

Your Accountant Should Understand Your Unique Business

You can take steps to protect yourself when choosing a tax preparer

If an inept tax preparer makes a hash out of your tax return, the repercussions could haunt you for years, so choose carefully.

Tax Preparation Regulations Coming

Rochester, N.Y. – Tax preparers don’t usually have to worry about lack of business this time of year, but new laws and new ways for people to file are adding…

Question: If I changed my number of exemptions from 1 to 0 will I see more of a refund?

I will not have my son for a dependent on my next tax return & will not be able to claim his education credits & my tax preparer suggested I change my number of exemptions from 1 to 0 otherwise I I would be paying in next year instead of a refund & I was wondering if this was the right thing to do?

Answer: If you leave your exemptions at 1 then you will probably pay in next year but if you changeit to zero then you should get a refund next year. I always claim zero on my w4 so that I don’t have to pay in at the end of the year.

San Fernando Tax Return Preparer Faces Federal Prison for Filing False IRS Returns & Stealing Checks

LawFuel.com – America’s Law Newswire Los Angeles – Appearing before United States District Judge S. James Otero, a San Fernando Tax Return Preparer pleaded guilty this afternoon to charges that she filed false federal income tax returns with the Internal Revenue Service and stole refund checks payable to her clients.

Tax Preparer, Enrolled Agent