Everything Tax Preparers Need to Know about the Recovery Rebate Credit
A major change to tax filing this year is the recovery rebate, a tax credit for those who didn’t receive all or some of the stimulus… Read more
What Happens If Your Client Can’t Pay Their Taxes?
No one wants to learn that they owe more taxes than they can afford to pay, but as a tax professional, you can help them resolve… Read more
Virtual Tax Office: Working Together from a Distance
As many tax preparers discovered in 2020, professional tax preparation and remote work can blend quite well when you have… Read more
Expect Earlier Filings: How to Prepare for the Tax Season Rush
With job losses and current economic conditions, it’s likely many taxpayers will be filing as soon as possible when the… Read more
Updates to Tax Form W-4
The IRS recently updated Form W-4, the federal tax withholding form. Here is a look at some of the most significant changes… Read more
How Your Client’s Life Changes Impact Their Taxes
A lot can change in a year. As a tax preparer, it’s important to know how those life changes can impact your clients’ tax returns.… Read more