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Following concerns from the tax professional community ( refer to NSA's Tax Practitioner Bill of Rights ), the IRS has modified its Columbus Day power outage to minimize the impact of this critical...
Farmers and ranchers who previously were forced to sell livestock due to drought, like the drought currently affecting much of the nation, have an extended period of time in which to replace the livestock...
Federal regulation of tax return preparers must recognize state certifications and credentials obtained through examinations that establish competency in tax
NSA sent a letter to the chair and ranking...
Funny things about credit cards -- when the CC is used for a payment, the payment is considered as paid to the vender, and a new legal obligation to pay the Credit Card Company now exists. Since the original obligation to pay for something that was...
I'm going to amend the 2013 tax return. However, the LLC still exists, so no new EIN is needed. On Sunday, October 4, 2015, William Goldberg via National Society of Accountants < Mail@connectedcommunity.org > wrote: ...
And if you do and if the IRS decides that it was an egregious violation of IRC, the IRS does use a whole range of preparor sanctions to get even, including losing your ability to prepare tax returns. If something looks bad, or smells bad, we have...
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