Form 1040-X vs. Form 1040: What’s the Difference?
Errors on tax returns can happen, even for tax professionals. Form 1040X allows preparers like you to modify information… Read more
What is Cost of Goods and How is It Determined?
If you are filing taxes for a business that sells goods or products, you will need to report the costs of goods sold on their… Read more
What is the Earned Income Tax Credit? Guide for Tax Preparers
This article was last edited on February 1, 2022 and is up to date for tax year 2021 (taxes filed in 2022).
The Earned Income… Read more
The Basics of LLCs for Tax Preparation Business
The following article was written by The Editorial Staff at TheTaxBook and contributed for use on the TaxSlayer Pro… Read more
Alimony Basics for Tax Preparers
The following article was written by The Editorial Staff at TheTaxBook and contributed for use on the TaxSlayer Pro… Read more
Understanding Income Taxes for Ministers
The following article was written by The Editorial Staff at TheTaxBook and contributed for use on… Read more