The Affordable Care Act.
What’s the impact on Taxpayers?
What’s the impact on Tax Preparers?
We surveyed over 4,000 preparers nationwide. See the results in this Infographic.
Complete the brief form. The download link will arrive in your email. [Read more...]
How Being Ethical Cost You Time, Money, & Friends
© 2014, Ben A. Tallman EA
Have you ever considered what you give-up by being ethical? This article will discuss the dilemma that Tax Professionals face when they try to balance ethical behavior with keeping clients happy. Have you noticed that “ethics” has recently picked-up a negative connotation? When the media mentions ethics, it usually refers to someone getting into trouble for being unethical. Ethics has become a set of rules and standards that cause us to become the Police Officer, Judge and Jury in the monitoring and policing of our own behavior and actions? [Read more...]
Caregiver vs. W-2 Reporting
© Ben A. Tallman EA
I believe the single-issue of improperly reporting caregiver income will be the most dangerous and volatile topic over the next decade. Why? Because the improper reporting of caregiver income could cost our clients thousands of dollars in ‘denied medical deductions’ and in ‘unpaid payroll taxes’. If that doesn’t get your attention, include the Department of Labor adding thousands more for missed “over-time” pay and penalties. Mishandling this item could create a disaster for our clients and a legal “night-mare” for us. [Read more...]
How you prepare can have a lot to do with how smoothly your season goes.
A well-organized office that has prepared for the upcoming months can make the sailing much smoother during a fast-paced time. Here are some other important steps you can take to ensure your office is prepared.
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Loyalty Matters: Edward Gonzalez
Edward Gonzalez is a successful business owner, a dedicated professional, and a devoted husband and father. He is honest, outgoing, friendly, and has strong moral principles, but perhaps what sets Edward aside from many others is his loyalty. That loyalty has been a key to his success. [Read more...]
Should Congress Tax The NFL?
At a time when Congress is seeking new sources of tax revenue, Sen. Tom Coburn (R-OK) has a solution: tax major sports leagues such as the Professional Golf Association (PGA) and the National Football League (NFL). [Read more...]
Tax refund Dilemma for illegal immigrants
More than $1 billion in tax revenue is collected by the Internal Revenue Service each year from the paychecks of illegal alien workers in the United States. Those workers know that they are being denied refunds on the money they pay, but fear they may lose their jobs if they press the issue. [Read more...]
IRS Releases Inflation Adjustments For 2013
The Internal Revenue Service has announced the annual inflation adjustments for tax year 2013, including the tax rate schedules, and other tax changes from the recently passed American Taxpayer Relief Act of 2012. [Read more...]