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Archive for 'Tax Preparation'

The IRS requires documentation

It’s fourth quarter, and so that means it’s time to assess your record keeping position.
Some small business owners think that electronic filing eliminated the need for adequate record keeping.  That is far from the case.  It’s just as critical today that you have good records as it was before.  Electronic filing just made it easier [...]

Tax Preparer Registration is Inevitable

Every year, since 2004, there’s been chatter regarding tax preparer registration or licensing.  Five years ago, there was even legislation proposed, but other priorities trumped it and it was allowed to die.  Each year, since that time, someone has tried to carry the flag, but with minimal success even though the abuse of RALs and [...]