tax season 2011: latest filing stats
signs of the economic times: tax pro’s are running 4.8% ahead of last year’s marks, while do-it-yourself’ers are…
tax
think middle-class taxes are high?
you’re right.
the middle-class has been picking up more of the tab for federal spending since the late 1980’s, and the rich have been paying progressively less. above-average burdens, for instance, appear thick and red and below-average thin and blue.
are refund anticipation loans dead?
“last nail in the coffin.”
the federal deposit insurance corporation has notified republic bank & trust of kentucky that the bank’s high cost refund anticipation loans are “unsafe and unsound,” effectively cutting off jackson hewitt and liberty tax, the second and third largest tax preparation chains in the country.
the fdic’s action follows a similar action by the office of comptroller of currency, which issued a regulatory directive on christmas eve against hsbc (h&r block’s ral partner bank) prohibiting that bank from making rals.
“this may be the last nail in the coffin for rals,” said adam rust, research director for community reinvestment association of north carolina. “if so, we will be glad to see the death of these high cost, high risk loans.”
practitioners report tax season price increases
as busy season gets off to slow start. by rick telberg with the irs playing catch-up and a client base still feeling the pressures of the great recession, tax practitioners in the latest 卡塔尔世界杯常规比赛时间 survey are reporting a marked … continued
new irs requirements could force big shake-out in tax prep industry
wall street: mom-and-pop tax shops in peril.
john hewitt, the founder of jackson hewitt and now ceo of liberty tax, expects a huge shakeout because of the new irs requirement for paid tax-return preparers to register with the government.
market share for the two largest tax chains, h&r block and jackson hewitt, has eroded by about 9% in the past four years as do-it-yourself online tax software gained ground. turbotax, for example, grew by about 121%. but the new irs ptin rules may slow the decline by forcing out mom-and-pop paid preparers, according to wall street analysts. read more →
four new mega-trend marketing strategies
serve your clients better and watch your practice revenues grow. by sandi smith, cpa sandismith.com the latest marketing strategies and trends are almost as hard to keep up with as the tax law changes these days. here is a quick … continued
alan kaufman: rock star tax accountant
tax season 2011: ready, set, go!
job 1: managing client expectations. by rick telberg accountants are bracing for delays and confusion caused by late-breaking tax rules and regs, not to mention the complications of a difficult and uncertain economy, when tax season 2011 starts with the … continued
tax season 2011 forecast: cloudy with chance of chaos [video]
david bergstein, director of u.s. strategic relationships for cch, tells accountants to brace for new irs initiatives. but first, all eyes are on congress. [youtube]d_dzxxfeb9o[/youtube] when will new irs forms be ready? that’s the million-dollar question. “exciting,” says bergstein. how … continued
thomson, cch going mobile
there’s an app for that. both cch and thomson reuters headlined their user conferences with new mobile apps. first, thomson reuters released mobile cs, “a first-of-its-kind iphone app for tax and accounting professionals.” as a practice management tool, it extends … continued
drake, ultratax cs tie for accountants’ fave tax app
but cch’s prosystem fx and intuit’s lacerte lead in market share. via www.journalofaccountancy.com of the 17 products identified for the survey, drake and thomson reuters’ ultratax cs were in a virtual tie for first place for the highest overall rating. … continued
ready for tax research on an e-book?
popular cch titles now available on desktop, laptop, ipads, phones. via cch the most popular cch books that tax and accounting professionals rely on for answers, guidance and insight are now easier than ever to access and read with cch’s … continued
the top 64 blogs for tax geeks
federal and state, professors, and practitioners.
there’s something for everybody in this list — one of the best we’ve seen — of blogs for tax geeks and wonks. this list includes four kinds of tax blogs: tax policy blogs by american professors, “think tank” tax policy blogs, state and local tax policy blogs, helping american taxpayers make sense of policy. did we miss one? tell us in comments. read more →