World Record Setting Tax Return
Friday, May 22nd, 2009Untitled Document Click here or link below to watch the Tax Preparation World Record video. ...
Author Archive
Untitled Document Click here or link below to watch the Tax Preparation World Record video. ...
Reminder of TaxWorks Training Videos
Monday, September 29th, 2008TaxWorks offers an extensive library of helpful videos to guide you through many of the program's features. You'll find training videos on the Asset Manager, Client Management, Conversions, E-File, Tips and Tricks, and more. Click here to access the TaxWorks Customer Training Videos. If you're new to TaxWorks or are not a ...
Tax Hero Challenge results for Phyllis the Landlord
Wednesday, September 10th, 2008Congratulations to winners of round 2 of the Tax Hero Challenge. The following tax preparers calculated the lowest tax due for Phyllis the Landlord. For doing so they will each receive an iPod touch. Peter - Â $16,071 Bhupendra - $16,619 Brian - $17,064 Benton - $17,164 Yvonne - $17,527Â Â Thanks to all participants. And remember, round ...
The results for Tax Hero Challenge round 1 (Elvis the Sheetrocker)
Thursday, August 14th, 2008Some have asked about the winning returns for round 1 of the the Tax Hero Challenge. Elvis the Sheetrocker had to pay taxes, so the preparers who calculated the lowest tax due won. The iPod-winning returns are as follows: Jack - $6589 John - $6878 Harvey - $7660 Peter - $7660 Irwin - $7660 We wish everyone good ...
A note to tax preparers….
Wednesday, August 13th, 2008The IRS reported, "Third party designees, indicated by checking the box on Form 1040, now have the same authority extended to them on an amended return filed for the year in question. For details, see IRM 11.3.3.1 on IRS.gov."
Victims of Midwest Natural Disasters Have Longer to File Returns
Thursday, July 31st, 2008The earthquake in California reminds us of others who have faced natural disasters. The IRS is extending the deadline, until August 29, for victims of natural disasters in the Midwest to file certain returns, make tax payments and perform time-sensitive acts. This announcement affects counties in Indiana, Iowa, Illinois, Nebraska, ...
Five tax heroes found, 15 more to go
Tuesday, July 15th, 2008Tax preparers nationwide have accepted the Tax Hero Challenge and we found the first five tax heroes. Jack of Pennsylvania, John of Wisconsin, Harvey of Texas, Peter of Pennsylvania, and Irwin of Illinois each received an iPod® touch for calculating the biggest refund legally possible during the first round. Congratulations to our winners and ...
Honda’s hybrid tax credits are speeding away
Tuesday, July 8th, 2008As of July 1, the tax credit for purchasing a Honda hybrid was halved again. The credit is now $525. The credit is set up so when a manufacturer sells 60,000 hybrid vehicles, the credit begins to diminish until it is no longer available. Toyota hybrids are already ineligible for ...
TaxWorks Introduces TaxWorks Forums
Tuesday, July 1st, 2008We have created a new line of communication for you and other tax professionals by introducing TaxWorks Forums (http://forums.taxworks.com/). If you have ever wanted to share your ideas about the tax industry, seek the advice of other tax preparers, or simply join a community of like-professionals, here's your chance. The forum ...
IRS increases standard mileage rate
Tuesday, June 24th, 2008Â It seems gas prices are affecting every aspect of our lives from rising food costs to, of course, expensive transportation. However, you and your clients may get some relief when it comes to transportation. The IRS announced on Monday that there is an increase in the optional standard mileage rates ...
