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Ready, Set, File! Tax Season 2024 Updates

Ready, Set, File! Tax Season 2024 Updates

FromFederal Tax Updates


Ready, Set, File! Tax Season 2024 Updates

FromFederal Tax Updates

ratings:
Length:
52 minutes
Released:
Feb 26, 2024
Format:
Podcast episode

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.SponsorsPadgett -  Contact Padgett or Email Jeff Phillips(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 MediaThe full transcript for this episode is available by clicking on the Transcript tab at the top of this pageAll content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.
Released:
Feb 26, 2024
Format:
Podcast episode

Titles in the series (36)

CPAs, Enrolled Agents, and Tax Preparers can keep up-to-date with the latest federal tax information while earning NASBA approved CPE credits and IRS approved CE credits by listening to the bi-weekly Federal Tax Updates podcast. The hosts Roger Harris and Annie Schwab have over 75 years of tax experience between them, which has been featured in various media outlets including Wall Street Journal, USA Today, The Morning Business Report, Bloomberg Business News, and Accounting Today.