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S Corporations: Tax Preparation, Tax Planning, and the Benefits of Professional Tax Help

MyIRSRelief

S Corporations: Tax Preparation, Tax Planning, and the Benefits of Professional Tax Help S Corporations , often referred to as S Corps, are a popular business structure in the United States, particularly among small to medium-sized businesses. However, navigating the tax landscape for S Corps can be complex.

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Tax Preparation: A Step-by-Step Guide

MyIRSRelief

Tax preparation service Learn how to prepare your taxes accurately and efficiently with our step-by-step guide. Discover tax tips, deductions, and credits to maximize your refund. As the tax filing season approaches, many individuals and business owners feel overwhelmed by the complexity of tax preparation.

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Federal Court Shuts Down New York Tax Preparer

CPA Practice

According to the Justice Department’s civil complaint, from 2019 through 2023, Jacob prepared more than 500 returns per year, which included returns that falsely claimed credits, deductions or refunds for customers which improperly reduced their tax liability or inflated their refund.

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Using an Income Tax Preparation Service: Is It Worth the Cost?

MyIRSRelief

When it comes to tax season, many people are faced with the decision of whether to prepare their own taxes or use an income tax preparation service. While it may seem like an added expense, there are many benefits to using a professional tax preparation service that make it well worth the cost.

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Nominations Open for 2024 “40 Under 40” and “20 Under 40” Awards

CPA Practice

Here are the rules and expectations: Candidates should be working in the accounting field, or supporting the field (public, private, tax preparation, consulting, academia, government) and have not turned 40 as of Oct. Multiple nominations do not enhance a candidate’s chances. Nominees must have not turned 40 by Oct.

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Enrolled Agent Near Me: Comprehensive Tax Services for Individuals and Businesses

MyIRSRelief

This article will delve into the various tax services offered by Enrolled Agents, including personal tax preparation, business tax preparation, personal tax planning, business tax planning, IRS and state tax audit representation, back tax help and resolution, and 941 payroll tax problem resolution.

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CPA Versus Tax Preparer: What’s the Difference?

Summit CPA

While the IRS encourages non-credentialed tax preparers to increase their knowledge through continuing education, doing so is optional. A PTIN authorizes the holder to do one specific thing: prepare taxes for compensation.