Tax Season Ready

“Accountant” and “Auditor” are often used interchangeably, but are they really the same thing? An audit is typically performed by a Certified Professional Accountant, or CPA, and audit is taught in all AASCB-accredited accounting programs. So in many ways, you could consider auditing to be a type or sub-field of accounting, but in practice, the two look very…

The Individual Tax Identification Number allows people in the U.S. without Social Security numbers to pay taxes regardless of their immigration status. ITINs are available to people who are ineligible for SSNs but must pay taxes, such as: Documented/undocumented immigrantsNon-resident aliens and resident aliens and their dependents/spousesNon-resident…

If you have not been able to attend the IRS Nationwide Tax Forums in person this year, there is still time to go online and earn your Continuing Education credits before the December 31 deadline.  IRS Nationwide Tax Forums Online offers courses based on the recorded seminar lectures and presentations from previous forums. The courses can be audited for…

Becoming an IRS enrolled agent is one of the most impactful ways you can invest in your career as a tax preparer. If you’re looking for ways to grow your tax preparation business, here’s how being an enrolled agent could help: What is an Enrolled Agent? Other than CPAs and attorneys, enrolled agents are the only other tax preparers who have unlimited representation…