The TaxCred Academy

I was having a conversation my mentor tonight and he shared with me his story of how he became successful and the people you meet along your road to success. He worked for an accounting firm and also he worked in a law firm as a law clerk and one of the salesmen noticed his work ethic. The guy was starting his own telephone company and wanted my mentor to come and work for him. He took his offer and they became great friends. Bob the salesman showed him how to sail, how to get his suits Taylor made, introduced him to a whole new side of life. After 6 years together and 27 million dollars later they sold the company to MCI for 71 million and my mentor had 3% ownership in the company. So he made $2,130,000 and decided to go in business for himself as an accounting professional. Today he owns a few properties, owns a day care and still has his accounting practice and more. I am on my road to success and now he has opened the door for me to learn from him and build my business. With such a...

In order to give you an accurate quote we must see your paperwork. Tax fees are based on the number of forms you file. There is no way for me to give you a quote by phone or text unless I see exactly what you are filing. Providing some friendly advice Thanks

So the IRS loses and now the requirements for the RTRP (registered tax return preparer) is null in void. This changes everything and it affects the tax payers the most. In my opinion Continuing Education should be required at the bare minimum for Tax Preparers. Court Rules IRS Doesn't Have Authority to Regulate Preparers

Yesterday the IRS announced a new simplified option for claiming the Home Office Deduction starting this year 2013. What does this mean? This new option makes life easier for taxpayers to calculate and claim the Home Office Deduction. Before you had to fill out a 43 line form (8829) which was a burden on small businesses. the new option is capped at $1,500 and the normal home office requirements still stand. You will not be able to claim this new option until the 2014 tax season. Patrice L Stewart " TheTaxDaughter" www.patricelstewart.com

Did you know? If you use your cell phone for your business you can write off your monthly bill?