Pronto Tax School

Tax Preparer Continuing Education

New IRS Form 1099-NEC

There is a new IRS form meant for business taxpayers to utilize when they pay or receive nonemployee compensation. The 1099-NEC is being reinstated for tax year 2020 and beyond. The “NEC,” stands for Non Employee Compensation.

87% of Tax Preparers Can’t Represent Clients If IRS Comes Calling?

Up to 87% tax preparers are powerless to represent their clients when those clients need their tax pro most: in the event of an unpleasant IRS event.

CTEC Tax Pros: Please Relax

All tax professionals must complete annual continuing professional education requirements. The different deadlines can vary. This post discusses the stresses that can come along with completing CPE credits and how to avoid that stress.