IRS Also Releases Proposed Regulations to Amend Circular 230 Rules IR-2010-91, Aug. 19, 2010 WASHINGTON — The Internal Revenue Service today announced that a new online application system for compensated tax return preparers is expected to go live in mid-September. The IRS has proposed to require all individuals who receive compensation for preparing all or […]
Read the entire postHere is the latest video in my Lessons Learned series. This one relates to the lessons I have learned when it comes to a business’ role in community service. Here are the key lessons: Contributing to the community in which you operate is good for business. Business and social goals can often be attained simultaneously […]
Read the entire postI am at the NYC IRS Tax Forum and have talked with my contacts at several RAL banks. The SBBT successor has funding and a bank partner and will be providing RALs, as will a few other RAL banks. The same thing has happened in the past when the DDI was pulled in late December […]
Read the entire postIn this video lesson, I talk about my transition into entrepreneurship and the lessons learned along the way. If you’re enjoying my videos, please subscribe to TaxSchool on YouTube and feel free to leave comments. Also be sure to check out my previous Lessons Learned videos.
Read the entire postIR-2010-89, Aug. 5, 2010 WASHINGTON — The Internal Revenue Service today announced that starting with next year’s tax filing season it will no longer provide tax preparers and associated financial institutions with the “debt indicator,” which is used to facilitate refund anticipation loans (RALs). “As we prepare for tax season every year, we look at […]
Read the entire postHere’s my 3rd video in the Lessons Learned series in which I talk about the key lessons I’ve learned throughout the course of my professional career. In this video, I talk about the circumstances that led to my return to formal education and the many benefits gained from continuing my studies. The key lessons learned […]
Read the entire postI’m writing from the IRS Nationwide Tax Forum in Orlando, the third of six IRS Forums being held this Summer. The “Buzz On The Street” is that we are entering an exciting new era in the Tax Industry. Underlying the new “Rules of the Game” will be the need for education. We are exhibiting at […]
Read the entire postHere’s the second video in my Lessons Learned video series. Lesson 2: The Transition from Blue-collar to Professional. Enjoy!
Read the entire postThe Internal Revenue Service has released proposed regulations that would establish a fee for individuals who apply for a preparer tax identification number (PTIN). The proposed regulations (REG-139343-08) would establish a fee of $50, payable to the IRS, to cover technology costs, as well as compliance and outreach efforts associated with the new PTIN program. The […]
Read the entire postI recently uploaded this video to YouTube. It is the first in a series of ten short videos that I will be uploading in the weeks to come. This video is Lesson 1: Breaking Out of a Destiny of Failure.
Read the entire postThe Income Tax School (ITS) is acknowledged by tax industry and IRS executives as the national standard for tax preparer training and was ranked #1 by Trendlists for online tax education. ITS was chosen above all U.S. tax schools to partner with a Fortune 1000 company and is referred to by them as “Best in Class.”
ITS is a comprehensive solution for all of your tax training needs. You can join the thousands of tax professionals, CPAs, tax business owners, national tax industry firms, tax service franchisors, colleges/universities and career schools that have relied on these quality tax courses for years.All tax preparation courses are developed and taught by practicing income tax pros and are written in easy-to-understand language. You will benefit from tax class authors and expert instructors who have years of real world experience working with individuals and small businesses on a daily basis. And this practical knowledge will transfer to you.
All tax classes are available online – 24/7, allowing you to work at your own pace from anywhere with internet access. And as a student of The Income Tax School, you are not in this alone! You will receive personalized instructional support and feedback, as well as access to student and instructor forums.
Once you have successfully completed the Comprehensive Tax Course of our tax school, you will have the skills and knowledge required to prepare tax returns for the general public. In case you were wondering, no previous experience in tax preparation or accounting is required. It’s easy to get started today – so put yourself on the short path to earning more income with a tax education from The Income Tax School!
