On July 15th, the AICPA (American Institute of CPAs) filed a federal lawsuit against the IRS in-order to halt the IRS’s recently introduced Annual Filing Season Program. The complaint has three counts and aims to declare the rule implementing the program unlawful and stop its operation. Their main complaints are a follows: 1. The […]
Displaying: July 2014
Tax Offices Shouldn’t Operate Without Operations Manuals
As a business owner, the way your business should be run should not merely exist in your head. You need a place for new trainees, managers, tax preparers and other staff to refer to when in doubt, or when training. This “place” should be an operations manual. Operations manuals can be very long and cumbersome […]
How to Set Yourself Apart From Unqualified Tax Preparers
The new IRS Annual Filing Season Certificate is a great opportunity for tax preparers to set themselves apart this coming filing season. The IRS will be listing all preparers who have completed the Annual Federal Tax Refresher (AFTR) course among other certified tax professionals like CPAs and EAs. This list is going to marketed to […]
Will 2015 Be The Year Of The Tax Professional?
Taxpayers hoping for IRS support when filing taxes next year will be sorely disappointed. Thanks to a house appropriations bill that was recently passed, the IRS taxpayer support level will be seriously decreased in the coming filing season. According to a release from the NTEU (National Treasury Employees Union), “A House appropriations bill, which […]