Filing taxes is already stressful enough, and it is even more so if you find you owe the IRS money. As the number of people who owe a tax bill at the end of the year increases and household budgets ...

The real estate professional status (REPS) is a tax designation under the U.S. tax code that can provide a sizable financial benefit to someone who is actively involved in the real estate business.

TaxStatus launched two new tools to help financial advisors & CPAs improve accuracy, efficiency, and client readiness ahead of the 2025 filing season.

Taxation of CPA services was a hot topic in several state legislatures this year as states sought to fix expected revenue shortfalls. “Some states will be dealing with some sort of budget difficulties ...

Which professional do I need for the tax calculation of a Roth conversion? A CFP, financial advisor or tax preparer? I’ve reached out to tax preparers before but they seemed to have no idea what I was ...

As any tax professional knows it can take up to 45 days for the IRS to authorize new e-file provider applications. The 2014 tax season is right around the corner and time is running out to apply.