What is Form 1065? A Preparer’s Guide to Partnership Taxes
A tax preparer must know how different entities report and pay taxes. One particularly complex group can be partnerships.… Read more
Form 1041: Who Should File It and When?
As a tax preparer, you may end up filing taxes for a trustee or representative of an estate. To successfully report all their… Read more
What to Expect in a State vs. Federal Tax Audit
If your tax client is being audited by the IRS, their state’s Department of Revenue, or both, they’ll likely have questions… Read more
What is a Schedule K-1? A Tax Preparer’s Guide
Many small businesses operate as a pass-through entity. With a pass-through entity, the partners or shareholders are… Read more
Schedule D: Tax Preparer’s Guide to Capital Gains and Losses
The information in this article is up to date through tax year 2024 (taxes filed in 2025).
When your clients sell a capital… Read more
7 Military Tax Benefits: What Preparers Should Know
As a tax preparer, it’s important to understand the unique benefits available to your clients in the U.S. Armed Forces.… Read more