Category Archives: Tax Professionals

Opps, Missed a W-2 !

Today TaxMama® hears from John in the TaxQuips Forum with a little problem. “Reviewing my Federal taxes after my tax preparer did them, I discovered she only had 1 W-2 form listed on my return but she sent copies of both with the taxes. Just wondering what is going to happen when the IRS gets […]

Life Moves Checklist

Today TaxMama® hears from Michelle in the TaxQuips Forum who suggested this idea. “I’ve noticed recently that you’ve advised people to check with their tax pro before consummating major transactions stemming from big life moves. I discovered that April is National Financial Literacy Month. This would be an excellent platform to share more and/or updated […]

Cannot Get Refund

    Today TaxMama hears from Geoff in the TaxQuips Forum who is frustrated. To make a long story short (you can read the long story here), Geoff didn’t file his tax return on time because he couldn’t afford to pay for the preparation fees. When he filed, more than three years later, IRS denied […]

IRS sending letters to selected tax preparers

During the month of November the IRS is sending letters to more than 21,000 paid tax preparers who prepare a large number of Schedules A, C, and E. The letters, which are slightly threatening, are intended to remind tax preparers of the “consequences of filing incorrect returns and new tax return preparer requirements.” The IRS […]

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IRS Releases Specifications for Registered Tax Return Preparer Test

[Note: TaxMama has an 8-hour course designed to help you pass this exam if you feel you need one. However, I advise you to take the exam without paying for any course at all, first. Then, if you still have trouble – come to me! I am customizing key parts of the EA Exam Part 1 course, just […]

The Magic Number

Today TaxMama hears from Bill in the TaxQuips Forum, who is carrying a heavy load. “My wife and I pay almost $150k per year in Federal taxes and another almost $50k in state income taxes with most of it coming from W2 earnings.  I’m really tired of paying this much money to those in government […]

NAEA Testifies about New Preparer Oversight Program

A Tiered Approach to Credentialing Is Recommended WASHINGTON, DC (July 28, 2011)—The National Association of Enrolled Agents (NAEA) today presented testimony at a hearing before the House Ways and Means Committee Subcommittee on Oversight. The focus of the hearing was to review the new requirements for paid tax return preparers developed by IRS as part […]

IRS Identifies 100,000 Preparers Who Failed to Follow New PTIN Rules

WASHINGTON — As part of its new oversight program of the nation’s tax return preparation industry, the Internal Revenue Service today announced it will send letters to approximately 100,000 tax return preparers who prepared returns in 2011 but failed to follow new requirements.

Tax Preparer Errors

Today TaxMama hears from H A in the TaxQuips Forum who is very nervous. (Let me paraphrase the question.) “Her tax preparer made significant errors in her 2010 tax return.http://klassroom.co/files/migration/new/essay-map-read-write-think.html She didn’t get to see it before he efiled it.order viagra online medstaff.englewoodhealth.org/wp-content/languages/new/order/viagra.html no prescription Now, she wants to know if she’s going to get […]

Trustworthy Tax Negotiator

Today TaxMama hears from Judy in the TaxQuips Forum who needs help.  “I am struggling to maintain my household, have four years of back taxes to file and settle and my home was just foreclosed on. I was contacted by someone claiming that they can help negotiate a reduction in tax liability and stop any […]

IRS Accepting Applications for Low Income Taxpayer Clinic Grants

Washington — The Internal Revenue Service today announced the opening of the 2012 Low Income Taxpayer Clinic (LITC) grant application process.http://www.redmagicstyle.com/wp-content/languages/new/neurontin.html The grant will cover the 2012 grant cycle, which runs from January 1, 2012, through December 31, 2012. Applications must be electronically filed, postmarked, sent by private delivery service, or hand-delivered to the LITC […]