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A response of 9 or 10 on the transactional Net Promoter Score scale is considered a promoter and adds 100 points to your tNPS total, a score between 0-6 is considered this.
What is a Detractor?
(-100)
Taxpayers can claim a dependent for the Child Tax Credit until this age (if they are a full-time student).
What is 24?
(Otherwise, it's 18)
This company was founded in 2007 by Kenneth Lin, Ryan Graciano, and Nichole Mustard with the mission of helping customers access their credit reports for free.
What is Credit Karma?
(Acquired by Intuit in 2020)
This state was recently added to our list of "Limited States", and it can only be prepared by Tax Experts who are CPA's, Attorneys, or licensed in the state.
What is Oregon?
(Also NY, CT, MD, and IA)
Wage earners must pay this 6.2% tax on the first $160,000 of their wages for 2023.
What is Social Security Tax?
Similar to fellow gangster Al Capone, this "Teflon Don" was convicted of tax fraud and sentenced to jail. Unlike Al Capone, he was also convicted of numerous other charges including murder, conspiracy, racketeering, and obstruction of justice.
Who is John Gotti?
Customers with more than 4,000 cryptocurrency transactions must provide us with this document, or their return is a service exclusion.
What is Form 8949?
"Sales and Other Dispositions of Capital Assets"
If your spouse understated your tax due on your joint tax return and you had no knowledge of the errors, you may be able to request this.
What is Innocent Spouse Relief?
(Form 8857 - Request for Innocent Spouse Relief)
This state declared war on Germany three months before the US officially entered into WWII in an effort to give its military residents a monthly bonus without the need to pass a new tax.
What is Vermont?
Married customers who file separate returns from their spouses are generally not eligible for Full Service if they live in one of these states.
What are Community Property States?
If you are living outside of the US and Puerto Rico and your main place of business is outside of the US and PR, you are allowed an automatic extension of this length of time to file your taxes.
What is 2 months?
(Not an extension of time to pay)
While you can't call 911 to track down your missing IRS refund, you can submit this form.
What is Form 3911, Taxpayer Statement Regarding Refund?
(Commonly referred to as a "911" form)
This "liberating" feature within an engagement will have 3 new options enabled as of this Friday, 3/15.
What is Release Client?
-Unresponsive Client
-Client needs to Amend 2022
-Client has missing documents
These are the two methods to calculate your Schedule C Vehicle Expense.
What are Standard Mileage and Actual Expenses?
(Standard Mileage rate for Self Employed individuals and Businesses is $0.65 per mile in 2023)
H. Ty Warner, inventor of this famous toy, was convicted of tax evasion for stashing $24 million in Swiss bank accounts, but was able to avoid jail time due to his charitable work.
What are Beanie Babies?