The IRS has announced that it will begin its annual shutdown of the Form 1040 modernized e-file system starting November 18, 2023 at 11:59 p.m. Eastern time. This is an annual process where the IRS will begin to prepare the system for the upcoming filing season. Only “Send Submissions” for state and federal Forms 1040 …
Form 1040 e-File Shutdown Starts November 18, 2023 Read More »
What is an EFIN and why you need it? In the world of tax preparation, efficiency, accuracy and security are essential one’s success. One important tool that combines all these elements is the Electronic Filing Identification Number (EFIN). Behind getting ones PTIN, the EFIN is your second key to efficient and secure tax return filing. …
If you’re starting a tax business, you’ll need to figure out how to set it up right? What we mean, is how to set it up from a legal standpoint. While you do business just as “yourself” or will you set up a formalized company? Well, in this post will give you some things to …
Are you planning on filing taxes for the 2024 filing season? You know, the ones for tax year 2023 that will be filed in early 2024? Well, before you can do that, there is one crucial number you need from the Internal Revenue Service (IRS). This is known as the Preparer Tax Identification Number or …
