Tax Practice Management

Guidance on Revised FTC Safeguards Rule 

The FTC revised its Standards for Safeguarding Customer Information, also known as the Safeguards Rule, in December 2021. The Rule requires covered financial institutions to develop, implement, and maintain an information security program with safegu

Tax Professionals Can Order More Transcripts 

Tax pros can now order up to 30 Transcript Delivery System transcripts per client through the Practitioner Priority Service (PPS) line.

Renew Your PTIN Now for 2022 

IRS is now processing PTIN applications and renewals for 2022. Preparers must renew or register for their PTIN by December 31. The fee for applying or renewing 2022 PTINs is $35.95.

Navigating the California Employee vs. Independent Contractor Maze 

Since the California Legislature passed Assembly Bill 5 (AB 5) in September 2019, the rules regarding who is and who is not an employee in this state have gotten ever more stringent – and confusing.

Special Enrollment Examination Proposed User Fee Increase 

IRS conducted a biennial review of the SEE user fee in 2021, and calculated its costs for overseeing the SEE at $99 per part. The current user fee for each part of the SEE is $81.