Description
As tax season kicks off, Annie and Roger discuss tips for practitioners and taxpayers, including using e-file and direct deposit for fastest refunds, being vigilant about IRS scam alerts, reviewing Circular 230 rules on duties and liabilities, and evaluating your processes after April to improve efficiency. They also touch on state filing deadlines, new disaster relief forms delaying state returns, and the importance of obtaining complete information before filing.
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(00:00) - Federal Tax Updates Episode 26
(02:33) - Tips for Taxpayers and Practitioners
(04:48) - Understanding State Tax Laws
(06:54) - Challenges in Filing Business Returns
(12:23) - Importance of Security in Tax Preparation
(15:45) - Understanding Circular 230 and Practitioner's Responsibilities
(21:17) - Efficient Workflow Management during Tax Season
(29:01) - The Importance of Pricing Structure
(30:36) - Beware of Scammers: Protecting Your Practice
(34:16) - Employee Retention Credit: What You Need to Know
(44:27) - The Impact of Beneficial Ownership
(51:52) - Wrapping Up
Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!
This podcast is a production of the Earmark Media
The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
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