CTP

APRIL 15, 2022

As news headlines proclaim stories of tax fraud, taxpayers may wonder how they can trust that their tax preparer is abiding by ethical practices. Fortunately, the Treasury Department provides a resource that regulates practice before the IRS for certified public accountants (CPAs), attorneys, and enrolled agents.

tax preparation 52

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CTP

APRIL 29, 2022

While in the vast majority of cases, a tax advisor can confidently say clarinet lessons are not tax-deductible, this ruling goes to show that there is often an exception. For guidance on ethical practice before the IRS, tax professionals turn to Circular 230.

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CTP

NOVEMBER 15, 2023

The General Accounting Office estimates that Americans over-pay their taxes by almost a billion (yes, that’s billion) dollars each year! That’s why tax planning is gaining in popularity. Some obvious reasons are mistakes or oversights on their tax returns. The lowest level of credentials is a licensed tax preparer.

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tax planning Tax tax preparation tax return 111

ThomsonReuters

FEBRUARY 2, 2022

the potential market available to tax and accounting firms is massive. How to market tax and accounting services. People search online for products and services, including accounting services. A better approach is to build a reputation as an accounting expert. With more than 144.3 Establish your expertise.

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PYMNTS

JANUARY 10, 2019

B2C disbursements account for more than 3.5 Those early tax filers, though, often must wait months to gain access to their tax refunds. million federal tax returns submitted last year were filed digitally. The average tax refund received by direct deposit is $2,940,” the federal tax agency said.

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CTP

SEPTEMBER 13, 2022

A business owner should check which terms they qualify under with their accountant. Businesses can deduct the cost of buying automobiles, machinery, office supplies, and sometimes even real estate from their taxes. Buying tools and vehicles for depreciation deductions. Deduction of costs of gifts.

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CTP

SEPTEMBER 13, 2022

A business owner should check which terms they qualify under with their accountant. Businesses can deduct the cost of buying automobiles, machinery, office supplies, and sometimes even real estate from their taxes. Buying tools and vehicles for depreciation deductions. Deduction of costs of gifts.

Tax 52

Tax Real Estate tax preparation income tax 52