Author Archive

IRS increases standard mileage rate

Tuesday, June 24th, 2008

 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 ...

A Plug for TaxWorks’ client data conversion

Thursday, June 12th, 2008

 The 2008 tax season officially ended almost two months ago—we've all had a chance to unwind and hopefully take a vacation. During the offseason, there are many things you can do to make next tax season run smoothly and be profitable. After all, there are only 202 days left to prepare. ...

An overview of TaxWorks’ Asset Management

Thursday, June 5th, 2008

The Asset Manager is a powerful tool that will handle all of your fixed asset needs. There are more than 60 methods available to calculate depreciation. Section 179 expenses and special depreciation allowance (bonus depreciation) calculations are also available. The necessary federal forms are calculated as well as any adjustment ...

In addition to the Daily Office Cartoon….

Thursday, May 29th, 2008



A look at free electronic filing

Wednesday, May 28th, 2008

TaxWorks offers free electronic filing for all individual and 1040 states that have an e-file program, as well as some federal business returns and business state returns. We also offer competitively priced bank products with many different disbursement types. This means we're with you every step of the way, from ...

TaxWorks is searching for America’s Greatest Tax Heroes

Thursday, May 22nd, 2008

As part of our summer marketing campaign, TaxWorks is searching for America's greatest tax heroes. You can put your knowledge and experience to the test in the Tax Hero Challenge. Here's how it works—every two months starting now, we will release a client profile on the Tax Hero Challenge website. The ...

An overview of TaxWorks

Thursday, May 22nd, 2008

TaxWorks is a robust, affordable, easy-to-use professional tax program. The TaxWorks package includes the Federal 1040, 1041, 1065, 1120, and 1120S systems, and all states; 706, including Florida, Utah, and New York; 709; 990, including California and New York; and 5500.Just some of the features offered in TaxWorks include: - FREE ...

Five Simple Marketing Strategies for Tax Professionals in the Digital Age

Thursday, May 15th, 2008

At a time when many consumers turn to the Internet to find products and services, it's vital to have a presence on the Web. Otherwise, many potential customers may overlook you, simply because they can't find you. Through the Internet, you can attract future clients in your area, and communicate ...

You might have an IOU from the IRS

Monday, March 31st, 2008

In an article on MSN Money, MarketWatch reported that about $1.2 billion is sitting in the IRS coffers—waiting to be claimed by taxpayers. The money belongs to taxpayers who neglected to file a 2004 tax return. The average return for taxpayers who didn't file in 2004 is $552. This is significant ...

Tax Rebate Checks: When & How Much?

Friday, March 21st, 2008

When you will get your economic stimulus rebate depends whether you chose direct deposit on your return and on the last two digits of your social security number. Direct-deposit Payment If the last two digits of your Social Security number are: Your payment should be sent to your account by: 00-20 – ...