Expect to pay record high fees for 2024 tax preparation services this season. Fees have climbed as much as 40% over the past five years as accounting firms struggle to hire fresh talent to replace ...
Unscrupulous tax preparers can promise the world, but they will often leave you with problems that can take months or even ...
With just days to go before the deadline for tax returns on extension, the IRS is already thinking about the next tax season. Chances are, you may be, too. For taxpayers, this means reaching out to ...
Most Americans think of taxes, begrudgingly, for a few weeks in the spring when it’s time to file their annual return. For tax professionals, however, the work happens year-round. Hiring a tax ...
Tax preparers are planning double-digit increases in their fees, according to the National Association of Tax Professionals newly released 2023 Fee Study. "Our study found an average cost for a new ...
IRS opens PTIN renewal for 800,000 tax pros—those who miss the deadline face penalties, delays, and possible disciplinary ...
When you hire a tax preparer, you’re giving them your most sensitive information, including identification numbers and financial data. With that in mind, the SCDOR wants you to be sure you are hiring ...
The AICPA outlined its concerns to Congress about provisions in the tax bill that could hurt the accounting profession, including a section that allows long-debated contingent fees that it described ...