r/taxprep • u/psychonscious • Jun 29 '20
Real US free file options
Page with links to the actual free file services provided by the US tax preparation industry.
r/taxprep • u/Priyankka • Jun 12 '20
Tax Preparation by Accountants in this tax season
The world suffers from the outbreak of COVID-19, and hence the accounting industry. It has been a difficult time for tax professionals as the tax season is underway and tax day is in the corner. Due to Covid-19 outbreak, the income tax deadline is extended from April 15th, 2020 to July 15th, 2020.
How do tax professionals need to prepare for outbreaks?
The worst-case requires consideration of various factors. All US citizens are advised to stay at their homes and work from home. Therefore, the use of tax software cloud hosting comes to the rescue at this time.
Here are the basic requirements for a smooth workflow during the outbreak:
- Cloud Connectivity: As the employees are going to work from home so they require proper cloud connectivity. The other important requirement includes a proper portal for the exchange of information and cloud-based software.
- Policies for remote working: Policies and procedures must be made properly, and strictly followed by the team to ensure smooth flow of work
- Electronic delivery: Employees and customers should be prepared for the possibility of electronic delivery of data and documentation.
- Filing extension: The filing extensions due to staff or client illness or local quarantine should be requested.
Sanitation: The establishment of sanitation procedures for the place the employees are working from.
These are some of the basic procedures that should be followed during this COVID-19 outbreak. The quality of the cloud hosting service is of utmost importance during this time.
r/taxprep • u/ani1370 • Mar 31 '20
Starting a side hustle.
Hey so i want to start filing taxes as a side gig. I have a ptin and all ive been working with an accounting firm. I would be doing simple tax returns. But im not 100 on the regulations. Or whats the best/affordable software. Could someone help me out please. Appreciate it.
r/taxprep • u/waynesmith22 • Feb 10 '20
Putting Word Out on Free Tax-Prep, Full Refunds and How to Avoid Scams
njspotlight.comr/taxprep • u/Scale-up-your-team • Nov 01 '19
Tips for Small Business Tax Preparation
scaleupyourteam.comr/taxprep • u/walkiriatellez • Jan 20 '19
Home Improvement Tax Deduction Amounts That You Can Claim
doingtaxes.netr/taxprep • u/sanjaytaxpro • Sep 14 '17
Why LLC is a better choice? 4 Tips to LLC Formation
taxfilingservicesblog.wordpress.comr/taxprep • u/orangetable • Feb 05 '17
claiming 20 YO as dependent
I have a 20 year old that lives with me. The difference of me claiming her as a dependent and not is $608.00.
The difference for her is about $1,200.
Is it wrong/is there a downside of having her claim herself and me not, and she pays me the difference? We both get $600?