IRS News for Preparers IRS Releases New Form W-4 Draft TaxSlayer Editorial Team June 18, 2019 3,116 Closed The IRS has released a draft of the new Form W-4, Employee’s Withholding Allowance Certificate which replaces the current… Read more 3,116 2 CommentsClosed
Tax Tips for Preparers Filing a Tax Return for a Deceased Person TaxSlayer Editorial Team May 26, 2019 3,942 Closed When an individual passes away, the executor, or the person in charge of the decedent’s estate, will handle their taxes.… Read more 3,942 5 CommentsClosed
Tax Tips for Preparers Understanding Tax-Exempt Income TaxSlayer Editorial Team May 22, 2019 5,024 Closed Depending on your client’s unique situation, not all income is subjected to taxation when they file with the Internal Revenue… Read more 5,024 3 CommentsClosed
Tax Tips for Preparers 5 Tips to Protect Your Tax Preparation Business from Cyber Crime TaxSlayer Editorial Team May 18, 2019 3,752 Closed If you own a tax preparation business, you handle sensitive data such as Social Security numbers, financial records, and… Read more 3,752 3 CommentsClosed
Tax Tips for Preparers What is a Partnership Capital Account? TaxSlayer Editorial Team May 7, 2019 25,665 Closed A partnership capital account is a distinct account that shows the equity in a partnership that is owned by specific partners.… Read more 25,665 2 CommentsClosed
Tax Tips for Preparers Form 1041 Schedule K-1 FAQs TaxSlayer Editorial Team May 5, 2019 21,925 Closed What is the K-1 Tax Form? Schedule K-1 (Form 1041) Beneficiary’s Share of Income, Deductions, Credits, Etc. is an informational… Read more 21,925 2 CommentsClosed