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the internal revenue service is unveiling the specifications for the competency test individuals must pass to become a registered tax return preparer.
preparers who pass this test, a background check and tax compliance check as well as complete 15 hours of continuing education annually will have a new designation: registered tax return preparer.
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fight for the client, and win!
enrolled agent thomas blair has built a thriving practice and solid reputation as a taxpayer’s advocate in irs cases.
here are a few of blair’s stories, in his own words:
late surge over the weekend. the internal revenue service announced taxpayers set a record for e-filed tax returns, topping 100 million for the first time. by early monday morning, the irs had received nearly 101 million e-filed returns for the … continued
irs reports tax receipts from professional practitioners run 7.2% ahead of year-ago…
signs of the economic times: tax pro’s are running 4.8% ahead of last year’s marks, while do-it-yourself’ers are…
you’re right.
the middle-class has been picking up more of the tab for federal spending since the late 1980’s, and the rich have been paying progressively less. above-average burdens, for instance, appear thick and red and below-average thin and blue.
as busy season gets off to slow start. by rick telberg with the irs playing catch-up and a client base still feeling the pressures of the great recession, tax practitioners in the latest 卡塔尔世界杯常规比赛时间 survey are reporting a marked … continued
wall street: mom-and-pop tax shops in peril.
john hewitt, the founder of jackson hewitt and now ceo of liberty tax, expects a huge shakeout because of the new irs requirement for paid tax-return preparers to register with the government.
market share for the two largest tax chains, h&r block and jackson hewitt, has eroded by about 9% in the past four years as do-it-yourself online tax software gained ground. turbotax, for example, grew by about 121%. but the new irs ptin rules may slow the decline by forcing out mom-and-pop paid preparers, according to wall street analysts. read more →
david bergstein, director of u.s. strategic relationships for cch, tells accountants to brace for new irs initiatives. but first, all eyes are on congress. [youtube]d_dzxxfeb9o[/youtube] when will new irs forms be ready? that’s the million-dollar question. “exciting,” says bergstein. how … continued
“john stossel is an idiot,” says cpa on tax day blog comment. john stossel takes out his tax day frustrations on his accountant, bob: tax day is looming over america, and john stossel celebrates by dedicating a major part of … continued
big business gets a pass. among corporations reporting assets of $250 million or more, the irs since 2005 has cut back by a third the hours it spends examining their books. irs has also sharply reduced the number of large … continued
irs releases key benchmarks. via irs electronically filed tax returns are on track with last year and overall refunds are running nearly 10 percent higher so far in 2010, according to statistics issued today by the internal revenue service. the … continued
intrusive and intimidating irs initiative. by william stromsem, cpa, jd cpas are complaining about an intrusive and intimidating internal revenue service (irs) initiative that began in early january when the irs started sending “over 10,000” letters to tax return preparers … continued