Posts tagged as:

tax preparation

Tax Trivia Giveaways

30 January 2012

Yep, it’s that time of year: free tax software! I have 20 access codes for free CompleteTax online tax prep software to give away to taxgirl readers, thanks to the good folks at CCH. Each code is good for online tax preparation and filing for one 2011 federal and one 2011 state tax return using [...]

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Tax Horror Stories Giveaway

24 January 2012

Everyone has a story about a tax return gone bad. And this is your chance to turn your bad tax move into a good one… Have a horrible tax filing story? Car break down blocks from the post office? Ran out of paper in the printer? Dog ate your return? Tell me your worst tax [...]

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My Best Tax Advice Ever, Part III: Make Friends With a Tax Pro

17 January 2012

So I’m going to let you in on a little secret: I don’t prepare my own tax returns. Completely true. It is how I stay married. You see, I used to prepare my own returns for my business and for my household. And I did just fine for a bit. But then I had three [...]

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My Best Tax Advice Ever, Part II: Get Some Help

9 January 2012

Last week, I advised that my best tax advice ever was to open the mail from the IRS. I find that to be, for many taxpayers, the single hardest thing to do. Of course, opening the mail isn’t always enough. Generally, the notice or letter advises you to take some sort of action, whether that’s [...]

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Audit Finds That Prisoners and Felons Granted Permission To Prepare Returns

3 January 2012

At tax time, many taxpayers feel like they’re being ripped off by Uncle Sam. However, IRS is concerned that they might also be victims of those paid to help them: tax preparers. As a result, new rules governing the preparation of tax returns have been in the works for nearly three years with the first [...]

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Are Christmas Loans and RALs Your Only Options for Holiday Shopping?

4 December 2011

While some indicators point towards an economy on the mend (including steady inflation rates and strong Black Friday sales), it’s clear that many Americans are still financially strapped. This has been particularly evident over the past few weeks as my email inbox has been chock full of questions about whether H&R Block will be offering [...]

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IRS Responds to Criticisms Of Preparer Notices

22 November 2011

Well that was quick. Days after the IRS sent out copies of the Notice 4809 to 21,000(ish) tax preparers, complaints were already flying. One tax preparer crafted this response to IRS Commissioner Doug Shulman while others took to Twitter and other [entity id="section_76" style="padding: 1px; color: #fff; background: #336699;" class="forbes_entity" active="true" item_id="section_76" key="/social-media" display="Social Media" [...]

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Dear IRS: A Tax Pro Fires Back

18 November 2011

I guess desperate times call for desperate measures. You may have heard about the infamous Notice 4809 from IRS making the rounds among tax professionals. The Notice is part of the IRS’ “hands-on effort to improve the accuracy and quality of filed returns and to heighten awareness of preparer responsibilities.” In other words, dear taxpayers, [...]

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IRS Announces PTIN Renewals, Changes

24 October 2011

It’s baaaaack! The IRS has announced that professional tax return preparers can now renew their Preparer Tax Identification Numbers (PTINs) for the 2012 filing season. PTINs must now be renewed annually as part of the IRS’ plan to raise revenue regulate professional tax preparers. Tax preparers who fall under the registration rules are those prepare, [...]

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IRS Proposes New Regulations for Submitting EITC Claims

7 October 2011

The IRS announced this week that it is changing the filing requirements for tax pros who submit a federal tax return claiming the Earned Income Tax Credit (EITC). Under new proposed regulations, paid tax preparers submitting EITC claims must also file a federal form 8867, Paid Preparer’s Earned Income Credit Checklist (downloads as a pdf). [...]

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