Tag Archives: NAEA

Everything You Want to Know About the EA Exam 2017

The REPLAY of the March  2017 webinar is HERE! Becoming a knowledgeable tax professional isn’t easy. It takes a lot of dedication, math skills, and the flexibility to keep up with the myriad of tax law changes that take place each year.  But it can be done. And TaxMama’s EA Exam Review Course  is the best […]

Starting a Tax Practice

Today TaxMama® hears from John with this naïve question. “I have been mulling about this idea for a long time. I want to start a tax prep and services business. I have been doing returns for friends and associates for the past 2 years and want to incorporate. What is my first step? And then […]

Half of Volunteer Prepared Returns Were Incorrect

Courtesy of NAEA – www.naea.org                                                    A TIGTA  audit, which hit email boxes in DC this week, makes for interesting reading. On the plus side, the new accuracy rate is far higher than the accuracy rate TIGTA measured during the 2011 filing season (39 percent). On the down side, half of returns in the study […]

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 […]

Taxpayer Representation, Tax Prep/Practice Management, SEE Review

  [TaxMama Recommendation – you will find THE best, in-depth training for taxpayer representation at NTPI. And if you want a quick, in-person, EA Exam Review course – take this one. Enjoy the NAEA conference! ] Taxpayer Representation, Tax Prep/Practice Management, SEE Review — all at the 2011 NAEA National Conference! NAEA earned its reputation for […]

IRS Commissioner Shulman to Review Innocent Spouse Rules

Courtesy of NAEA IRS Commissioner Shulman sent two identical letters to Senate Finance Committee Chairman Max Baucus (D-MT) and Congressman Pete Stark (D-CA) in response to the April 18 Senate and House letters sent to the commissioner expressing concern on the two-year limit on the innocent spouse rules. In the April 18 letters to IRS, […]

Everything You Wanted to Know About the IRS EA Exam

This time of year, everyone has lots of questions about the IRS Special Enrollment Examination.  That’s why I hold a session – and record it – to explain the most important aspects of the Exam, and what you need to know if you’re going to be studying to become an Enrolled Agent.   If you missed […]

Ask TaxMama Issue 594 April Fools Day

Dear Family, Happy April Fool’s Day! This morning I read a CNN story about a family with a $54,000 tax refund. The H&R Block office was apparently so surprised that they repeatedly recomputed the tax return to see if there was a mistake. There wasn’t. And this is not an April Fool’s Prank!  It turns […]

FTC Enforcement Deferred for Tax Debt Relief Services

[TaxMama Note: This change is the result of efforts by folks at the National Policy Group and the legislative team at  NAEA. With the support of members, these teams explained to the FTC how tax professionals are regulated by the IRS. Removing  tax debt firms from their ruling would still leave FTC with the power to deal […]

Why Your Business Needs A Tax Pro, Part 3

What If I Hire a Pro and She’s Not Much Help?   This is a common complaint. Why shell out your hard-earned cash to someone who doesn’t help you? But before you make the hasty decision to cut your Tax Pro loose, ask yourself if you are partly at fault. Do you call and schedule […]