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Old 09-03-2006, 03:00 AM
Vic Dura
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Default Re: Going Pro

King Hugh" <dtculver[at]mhcable.com> wrote:

- quote -

> So, I guess my question is what software packages are
> available for paid preparers, keeping in mind that I expect
> to max out at 20 returns give or take a few? So, laying out
> the least amount of cash would be helpful.


TaxAct Pro. www.taxact.com

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<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
 
Old 09-03-2006, 03:00 AM
Missy
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Posts: n/a
Default Re: Going Pro

King Hugh wrote:

- quote -

> I've worked as a tax preparer for several years for a
> national chain, and have, for various reasons, decided to
> try and open my own office this year. It won't be anything
> huge, if I get 20 returns this year to start I'll be very
> happy.
> For my own return, and for that of a few family and friends
> I've used TaxCut for the last 5 or 6 years. It's normally
> served me well, but some of the features that make it so
> user friendly for absolute "lay people" , make it somewhat
> annoying for me. AND, I guess HRBlock would get annoyed if
> they knew I was using their $30 version and preparing
> returns for compensation. I don't know how they would ever
> find out, but hey, you never know, and the last thing I want
> to get is a cease and desist letter form their lawyers. <G> So, I guess my question is what software packages are
> available for paid preparers, keeping in mind that I expect
> to max out at 20 returns give or take a few? So, laying out
> the least amount of cash would be helpful.
> What do I have to do in order to be able to e-file for
> people? As a paid preparer am I REQUIRED to e-file? I know
> at the tax office last year, if the customer chose not to
> e-file, or if the return couldnt' be e-filed for whatever
> reason we had to have them sign a special form indicating
> that they didn't wan't to e-file, and keep it with our file
> copies of thier returns.
> Insurance is another question. What do you guys carry by way
> of errors / omissions insurance? Or do you even?


To answer a few of your questions, first you could log on to
proseries.com and choose the pay per return option. It is
quite low. If you are going to e-file (which you can do
through intuit) you will need to file a form with the irs to
be an ERO. The form # is 8633. It can be downloaded from
the irs.gov website. It is easier to e-file a return than
have to copy and assemble all the forms along with the forms
W-2, etc.

I personally do not carry extra insurance, but I do have a
rider on my homeowners ins. that covers what you might be
worried about. I do not think that it is mandatory to
e-file, yet!

I personally will not take a client that will not e-file. I
e-file all that I can, *if* they get it in here by Oct, 15th
(are you listening Bert?) Bert is a client that is late
every year. I filed his 2004 in May 2006!

Missy Doyle

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #-1  
Old 09-02-2006, 02:34 AM
King Hugh
Guest
 
Posts: n/a
Default Going Pro

I've worked as a tax preparer for several years for a
national chain, and have, for various reasons, decided to
try and open my own office this year. It won't be anything
huge, if I get 20 returns this year to start I'll be very
happy.

For my own return, and for that of a few family and friends
I've used TaxCut for the last 5 or 6 years. It's normally
served me well, but some of the features that make it so
user friendly for absolute "lay people" , make it somewhat
annoying for me. AND, I guess HRBlock would get annoyed if
they knew I was using their $30 version and preparing
returns for compensation. I don't know how they would ever
find out, but hey, you never know, and the last thing I want
to get is a cease and desist letter form their lawyers. <G
So, I guess my question is what software packages are
available for paid preparers, keeping in mind that I expect
to max out at 20 returns give or take a few? So, laying out
the least amount of cash would be helpful.

What do I have to do in order to be able to e-file for
people? As a paid preparer am I REQUIRED to e-file? I know
at the tax office last year, if the customer chose not to
e-file, or if the return couldnt' be e-filed for whatever
reason we had to have them sign a special form indicating
that they didn't wan't to e-file, and keep it with our file
copies of thier returns.

Insurance is another question. What do you guys carry by way
of errors / omissions insurance? Or do you even?

Thanks;

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
 

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