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How the “Wild West” of Tax Preparation Led to Massive ERC Issues

ThomsonReuters

James Creech, a senior manager with Baker Tilly’s tax advocacy and controversy team, explained that the origin of the current issues with the ERC can be traced back to before the health emergency and the absence of tax preparer oversight. “Tax preparation is kind of the Wild West,” Creech began.

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Georgia Tax Preparer Pleads Guilty to Federal Tax Fraud Charges

CPA Practice

TNS) A Columbus, GA-based tax preparer has pleaded guilty in federal court to charges that she submitted false claims for tax credits for her clients and also failed to pay her own personal taxes. The Albany Herald, Ga. There is no parole in the federal system. Attorney Peter D. Leary said in a news release.

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Best Tax Preparation Software for Small Business: What Tax Software to Choose?

Snyder

The biggest tax season challenge for a small business is tax preparation and filing. Most SMB owners fall into the trap of putting off taxes until the last minute because they don’t have professional tax accounting software backing them up. What is tax software? Online tax preparation + IRS forms.

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Ignition and Intuit Expand Partnership

CPA Practice

Key benefits of Ignition’s deep integration with Intuit products include: Tax preparers using ProConnect can engage hundreds of clients in minutes by creating and sending bulk proposals in Ignition.

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Intuit Unveils QuickBooks Solopreneur: Empowering One-Person Businesses for Financial Success

SchoolofBookkeeping

The product comes equipped with tools that track and categorize business trips, ensuring that solopreneurs are tax-ready year-round. This feature alleviates the stress associated with tax preparation, allowing business owners to focus on their core activities.

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Ignition and Intuit Expand Partnership

CPA Practice

Key benefits of Ignition’s deep integration with Intuit products include: Tax preparers using ProConnect can engage hundreds of clients in minutes by creating and sending bulk proposals in Ignition.

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In the blogs: Numbers games

Accounting Today

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