Applying for an Individual Tax Identification Number (ITIN) can a simple process but it can also get complicated. In this blog, we will explore some of the common challenges the … Continue reading "Common Challenges in ITIN Applications and How to Overcome Them"
Tax professionals come into contact with important documents that are used in the preparation of tax returns. These same documents are also required in order complete various other financial dealings, … Continue reading "Identifying Fraudulent Documents: Tips for Tax Professionals"
Tax preparation can be a very challenging role. Whether you are the owner of a tax preparation business, a partner in the business, or a new tax preparer in the … Continue reading "Essential Resources Every New Tax Preparer Should Have"
Exempt Preparers, for IRS Annual Filing Season Program (AFSP) purposes, are tax preparers who can elect to participate in the AFSP without having to take and pass the Annual Federal … Continue reading "IRS AFSP Exempt Preparers"
The IRS PTIN (Preparer Tax Identification Number) system is now open for calendar year 2025 PTIN renewal applications and first time registrants' initial PTIN applications. The fee this year is … Continue reading "PTIN Renewal Open For Tax Year 2024 Calendar Year 2025"
1. All tax preparers practicing in California must have at least one of the following tax certification credentials: Certified Public Accountant (CPA) Enrolled Agent (EA) Attorney … Continue reading "5 Things New Tax Preparers Need to Know About Their California Tax License"
How does one enter the highly competitive tax preparation industry? How does one go from starting out doing tax preparation for family and friends to becoming a credentialed tax expert? … Continue reading "New Tax Preparer Roadmap to Success"
The tax code can be complex, and staying up-to-date is crucial for any tax preparer. The IRS Annual Filing Season Program (AFSP) offers a voluntary path for non-credentialed preparers to … Continue reading "Do I Really Need the AFSP Certificate of Completion?"
Continuing education (CE) courses are a vital part of staying sharp in the tax world. But let's be honest, sometimes you enroll in a tax course and think, "Uh oh, … Continue reading "Bought the Tax Course, Now What? Overcoming Confusion in Continuing Education"
The Internal Revenue Service (IRS) entrusts Certifying Acceptance Agents (CAAs) with a critical role: verifying the identities of foreign individuals applying for Individual Taxpayer Identification Numbers (ITINs). This responsibility necessitates … Continue reading "Do I need Forensic Document Training for the IRS?"