Category Archives: Info

What is Circular 230, Regulations Governing Practice before the IRS?

Treasury Department Circular No. 230, Regulations Governing Practice before the Internal Revenue Service – This is commonly referred to as Circular 230 and is what you are seeing in many of your emails and letters from your tax preparer. The circular includes the regulations and rules governing practice before the IRS.   Who makes Circular… Read More »

Important Federal Tax Deadlines for 2015

There are many important tax deadlines in 2015. Missing a 2015 tax deadline could lead to penalties for fines for the taxpayer. The following are some of the more important tax deadlines for 2015, but the list is not entirely exclusive and it is always best to check with the IRS website.   Major 2015… Read More »

Clearing up a couple common tax misconceptions

There are many common tax misconceptions. This article attempts to clarify several big tax misunderstandings that people have: Bonuses are taxed at the same rate as ordinary income. It is hard to convince people that this is true, because they just take out their paystub and go “See!? You’re wrong.” However, the fact is, while… Read More »

Guide to IRS Information on Website

No matter when you need help or tax information, your best option is to visit IRS.gov. They have lots of information regarding taxes and their new site design makes the information easier to find and makes doing your taxes easier. Below is a list of some information that is available on the IRS website   … Read More »

Information and Tips About Tax Filing Software

When filing taxes, most people have the option of choosing between the largest tax preparation companies such as TurboTax, Tax Act, H&R Block. There are several big differences between the eFile tax providers. There are also some suggestions to make sure you are getting the most refund and most accurate tax return. Remember that under some… Read More »

IRS Tax Return Filing Season Opens January 20, 2015

The 2014 Tax Filing Season Begins. The IRS announced that the tax return filing season opened January 20, 2015 The Internal Revenue Service (IRS) announced the timely start of tax season 2015 of the nation today and highlighted the increase in electronic services that include applications that help taxpayers understand how the Law of Care… Read More »