At Pronto Tax School, we LOVE to help tax pros beat deadlines. Maybe the reason we put such an emphasis on beating deadlines is that I personally am what you might call “deadline-challenged.” I’ve almost lost my EA license a couple times because I completely spaced out on my own Enrolled Agent Continuing Education (CE) credits, and […]
IRS “Disappearing” Tax Preparer Rights
Getting ahold of the IRS has become EXTREMELY difficult these days, even for tax professionals, would you agree? And it’s not even tax season! If even tax professionals like us are frustrated, imagine how “normal people” feel when trying to get in contact with IRS and can’t get through to anyone at IRS. This is becoming […]
The 199A Tax Deduction & Who Can Use It
The 199A Tax Deduction can provide some benefits, for those tax payers or businesses who qualify. Sole proprietorships, partnerships, S corporations and some trusts and estates may be eligible for a qualified business income (QBI) deduction – also called Section 199A. Our quick video with Andy Frye of Pronto Tax School, runs through who can and […]
Cryptocurrency and IRS Tax Reporting On The Increase
Andy Frye of Pronto Income Tax School discusses cryptocurrency tax reporting requirements with Joshua Azran CPS/ABV/CFF and Founder of Azran Financial, APC. The IRS is increasing the cryptocurrency tax reporting requirements, beginning with 1099K’s and it’s important to understand how this all works. Watch the video and learn more about his new tax reporting and […]
Now Is the Time To Grow Your Tax Business
Right now is a great time to think about how to grow your tax professional business. From our Pronto YouTube Channel, we have a great short video that explains two key points where you could be losing your clients. In our Business Tax Verified Training Program with CPA Adam Shay, you can learn which two […]