What is Tax Office Due Diligence, and how does it affect your tax practice? We will cover how to make sure your office can pass a Due Diligence IRS audit; explain what the responsibilities of tax preparers are when it comes to taking clients at their word, and discus how asking the proper questions can … Continue reading "Tax Office Due Diligence and the Earned Income Tax Credit"

Self Employed taxpayers should not be intimidating. We will be covering how to properly report income and expenses on Schedule C, including who must file a Schedule C, what forms 1099MISC and 1099K are used for, what are qualifying self-employed business expenses, and a line by line walk through detailing Schedule C data entry.