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The Earned Income Tax Credit is available to taxpayers with specified income levels and family sizes. The credit is refundable,
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The Internal Revenue Service is streamlining some Tax Debt Settlement Procedures That Affect The Work of enrolled agents. The new Measures are Intended to help more Taxpayers Resolve Their Liabilities with the IRS.
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When economic conditions are difficult, individuals tend to obtain extra income from a variety of sources. Anyone who has become a tax preparer is likely to receive questions about whether some uncommon types of income are taxable.
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Tax season can be an absolute nightmare for people out of work and hard pressed to turn up any extra cash. But the reality remains that unemployed individuals are still required to report to Uncle Sam.
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For Taxpayers In The Current Economy, Being Able to save for retirement and enjoy Those "Golden Years" is Becoming more Difficult Proposition Than Ever.
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Continuing Professional Education, known as CPE, is a requirement to continue practicing in most professions.
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A practitioner should create a business plan that will allow them to run an efficient practice for themselves and their clients. By doing so, a tax preparer professional can improve their business operations to maximize profits.
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A frequent cause of IRS notices is a mismatch of the name and social security number for a dependent on a tax return. Resolving these situations may require the assistance of a professional with EA certification. Failure to list the correct SSN will cause the IRS to disallow an exemption for that dependent.
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Online tax CPE may be all the rage, but how does this innovation in enrolled agent continuing education stack up against the conventional methods of brick and mortar instruction? Increasingly well, according to both tax professionals and industry insiders.
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Online continuing education has become all of the rage in the past few years. In 2005, the percentage of professionals seeking to improve their skills and knowledge by supplementing classroom training with online instruction was 43 %, according to Tammy Galvin, executive editor of Training Magazine.
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