November 16, 2015
On average, college students who have student loans thought they would be able to pay back their loans in nine years after graduation, with only 18 percent saying that it would take them more than ten years. A quarter of college students with loans ...
November 16, 2015
Anyone who prepares, or assists in preparing, substantially all of a federal tax return or claim for refund for compensation must have a valid PTIN from the IRS. The PTIN must be used as the identifying number on these prepared returns.
November 6, 2015
Tired of 80-hour work weeks? Frustrated that your staff doesn’t want to be held accountable? Stressed about stressing next tax season? As part 1 of a series on “Building your Tax Season,” I wanted to share with you a couple of steps you can take today ...
November 4, 2015
Germano is president and general counsel of Actuarial Benefits & Design Company, which she co-founded in 1989. The company, based in Midlothian, Va., helps business owners assess retirement needs for themselves and their employees, as well as to set up r
November 3, 2015
With tax season looming, now is the time for accounting firms to ramp up their staffing strategy. Determining your needed mix of full-time and temporary professionals — before holiday time-off — will set you on a course for success come 2016.
November 2, 2015
Eliminating Muda is one of the most effective byproducts of Lean Six Sigma analysis techniques which make any process more efficient and profitable. So what exactly is Muda? It is the Japanese term for waste, which is defined as “any human activity ...
October 30, 2015
According to most media reports, Senator Ted Cruz (Rep.-TX) was one of the “winners” in the Republican presidential debate held on October 28. At the very least, the radical tax plan released by Cruz just prior to the debate tip-off is generating ...
October 30, 2015
The fee for new PTINs and renewals will be $50, down from $64.25 and $63, respectively. The agency also reminded return preparers of major upcoming changes regarding which tax return preparers can represent clients in matters before the IRS.
October 29, 2015
Staying in compliance can be challenging for business travelers, no matter how steadfast a company’s T&E policy may be or how well an employee has been trained. Certify Mobile Instant Policy Check is the easiest way to verify expenses against policy ...
October 28, 2015
The average cost of a professional income tax preparer to handle a "typical" 2014 tax return (the one filed by April 15, 2015) was $273 this year. This includes an itemized Form 1040 with Schedule A and a state tax return, according to the National ...
October 27, 2015
During the 2016 fiscal year, the government is working with a federal budget of 4.1 trillion dollars—a hefty chunk of change. If you’re curious about exactly how the government chooses to use your hard-earned taxpayer money and want to find out some ...
October 27, 2015
CCH CodeConnect allows tax professionals in accounting firms and corporations to quickly find answers and practical guidance relating to federal tax law, and offers relevant practice tools, checklists, deadlines, forms, instructions and more.