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1041 Trust Tax Preparation and the Need for Professional Tax Help


Trust tax preparation can be a challenging task, even for experienced tax preparers. Why You May Need Professional Help There are several reasons why you may want to consider hiring a professional to help you with your trust tax preparation needs. This can help you to avoid costly tax penalties and errors.

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CPA Versus Tax Preparer: What’s the Difference?

Summit CPA

While the IRS encourages non-credentialed tax preparers to increase their knowledge through continuing education, doing so is optional. A PTIN authorizes the holder to do one specific thing: prepare taxes for compensation.


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Tax Preparation Checklist for Startups


Use this tax preparation checklist for startups to collect the information and documents your tax professional will need to prepare your 2022 taxes. The post Tax Preparation Checklist for Startups appeared first on Burkland.

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Maximizing the Tax Preparation Interaction


Extensions are permitted that will postpone the due date, but the payments cannot be extended and balances due and the first quarter estimated taxes, if required, must be paid by the original due date of April 15 th or 17 th. They are, and the short mention of a concern at that tax preparation meeting or interaction is the way to find out.

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Tax Preparer Finds Out in the Worst Way Possible That ERC Wasn’t a Free Money Glitch

Going Concern

A federal grand jury in Newark, New Jersey, returned an indictment Wednesday charging tax preparer Leon Haynes of Teaneck, New Jersey with fraudulently seeking more than $150 million from the IRS by filing more than 1,600 false tax returns for himself and his clients that claimed COVID-19-related employment tax credits.

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Startup Tax Preparation Resources for 2021


A new tax season is underway, and Burkland’s startup tax accountants are working with our clients to prepare. In this article, we share a roundup of helpful 2021 tax preparation Read More. The post Startup Tax Preparation Resources for 2021 appeared first on Burkland.

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Justice Department Continues Efforts to Stop Fraudulent Tax Preparers

CPA Practice

“If your preparer asks you to sign a blank return, refuses to sign your return as your return preparer, or is charging you a fee based on the size of your refund, consult the IRS’s website and tips to make sure you are not exposing yourself to trouble.” “Tax Goldberg of the Justice Department’s Tax Division. “As