This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
As news headlines proclaim stories of tax fraud, taxpayers may wonder how they can trust that their taxpreparer is abiding by ethical practices. Another example of an unconscionable fee is if a taxpreparer were to take the fee but not do any of the work.
A taxpayer cannot submit a document simply to delay tax administration, that demonstrates intentional disregard of a rule, or that is otherwise frivolous and not based on guidance from a reasonable authority. If a position is deemed frivolous, both the taxpayer and the taxpreparer can be penalized.
The lowest level of credentials is a licensed taxpreparer. For example, in California, this means a California Tax Education Council CTEC registered taxpreparer (CRTP). CTEC certified preparers take a course in taxpreparation, and go through an application process with the state.
While marketing strategies for individuals (B2C) and small businesses (B2B) overlap, there are also unique differences. We have accounting firm marketing solutions to help you promote your thought leadership to your clients. Marketing accounting services to individuals vs. small businesses. Marketing to individuals.
If an owner has made any significant asset purchases, they should inquire about their eligibility with their taxpreparer. Bonus depreciation and section 179 deductions are the two most typical instances of this accelerated depreciation. Deduction of costs of gifts.
If an owner has made any significant asset purchases, they should inquire about their eligibility with their taxpreparer. Bonus depreciation and section 179 deductions are the two most typical instances of this accelerated depreciation. Deduction of costs of gifts.
B2C disbursements account for more than 3.5 Those early tax filers, though, often must wait months to gain access to their tax refunds. But consumers are increasingly demanding quicker — even instant — payments in all types of situations, from wages to disbursements. billion payments valued at $10.7
This is why proactive tax planners ask for very detailed information and documentation from you—they need to get a full picture of your current financial situation and future potentialities for increasing tax savings. You want to make sure that you’re satisfied with your tax plan—and so does your tax planner.
We organize all of the trending information in your field so you don't have to. Join 237,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content