by Rupinder | Jun 13, 2016 | Uncategorized
Budget cuts have decimated the ability of the IRS to perform its job. From exams to collections, the IRS has insufficient resources to work cases and perform basic customer service (the last time I called the Practitioner Priority line I waited over an hour, and I...
by Rupinder | Jun 6, 2016 | Uncategorized
NSA member since 1991 and trained continuing education instructor, Monica Haven, EA, JD, ATA, ATP, is an expert in tax issues and tax planning for all things foreign, whether you are an American citizen living abroad or an alien who has landed on U.S. soil. Remember,...
by Rupinder | Jun 1, 2016 | Uncategorized
If you are a small employer, there is a tax credit that can put money in your pocket. The small business health care tax credit benefits employers that: offer coverage through the small business health options program, also known as the SHOP marketplace have fewer...
by Rupinder | May 25, 2016 | Uncategorized
The IRS recently released a Memo regarding a Change in Policy on Initial Taxpayer Contact in Examination Cases. Effective immediately, all initial contacts must be made my mail, instead of telephone, using the appropriate initial contact letters. In the memo, the IRS...
by Rupinder | May 23, 2016 | Uncategorized
The IRS will conduct its annual Memorial Day systems maintenance outage beginning Saturday, May 28, 2016 at 11:59 a.m. EDT and ending on Tuesday, May 31, 2016 at 6:00 a.m. EDT. E-Services’ Transcript Delivery System, TIN Matching and e-file Application will not be...
by Rupinder | May 20, 2016 | Uncategorized
The National Society of Accountants (NSA) is offering a two-day Gear Up 1040 Individual Tax Seminar November 10-11, 2016 at the Mohegan Sun Casino and Resort in Uncasville, CT. This industry-leading course attracts thousands of tax preparers each year who receive a...
by Rupinder | May 19, 2016 | Uncategorized
The IRS has issued a series of automatic changes in accounting methods and accounting periods affecting a broad number of industries. In Revenue Procedure 2016-29, released on May 5, the IRS provided an updated, consolidated list of the types of changes in methods of...
by Rupinder | May 17, 2016 | Uncategorized
The National Society of Accountants (NSA) today called on the Internal Revenue Service (IRS) to make sweeping improvements to its outdated technology and use this new technology to facilitate more efficient and productive personal contact with taxpayers. The comments...
by Rupinder | May 16, 2016 | Uncategorized
Let’s start with what doesn’t work: clients late for meetings, phone tag, and e-mail hell. If your primary communications methods are: meetings, phone calls, and e-mail, you’re losing out on a lot of money and a saner life. 21st century clients want all the same...
by Rupinder | May 13, 2016 | Uncategorized
Registration deadline is June 1, 2016 Registration for the Accreditation Council for Accountancy and Taxation® (ACAT) exam to obtain ACAT Accredited Business Accountant/Advisor, Accredited Tax Preparer and Accredited Tax Advisor credentials is now open and the...
