Implementation of the registered tax return preparer program by the IRS is in full swing for the current tax season. Circular 230 rules now apply to everyone who prepares substantial parts of a tax re
As part of an effort to exert greater control over the tax preparation industry, Notice 4809 was recently sent by the IRS to 21,000 tax practitioners. According to the agency’s own statement, the no
One of the items on the IRS agenda for oversight of tax return preparers is submission of fingerprints. This permits use of the FBI national database to determine the criminal background of any tax pr
Accuracy in identifying tax deductions is a critical skill when providing Registered Tax Return Preparer services. In fact, untrained ordinary taxpayers commonly develop mistaken ideas about tax deduc
A vital step in tax preparer work is providing information that assures a smooth process. The objective is for taxpayers to present accurate details and obtain optimal tax results that are easily unde
The incidents of IRS audits are increasing and about 40 percent of audited tax returns last year involved the Earned Income Tax Credit (EITC). Examination of a tax return by the IRS is time-consuming
The Best Strategy
EA Study Guide + Practice Exams
Learn more about FFA's IRS EA study guide and UNLIMITED Practice Exams.
