TTLive Full Service
These key phrases must be stated or typed on every contact help us deliver the best possible customer experience.
What are "Quality of Service" phrases?
(QOS)
This is the form you file to update a tax return you've already filed.
What is 1040-X?
(Amended U.S. Individual Income Tax Return)
This software was originally developed by Scott Chipman in 1980.
What is TurboTax?
These are the 3 specific documents that we delete from Full Service Engagements for security reasons.
What are Military ID's, Social Security Cards, and Birth Certificates?
The IRS releases an annual list of this many tax scams frequently encountered by taxpayers.
What is 12?
(The Dirty Dozen)
One example being the U.S. Income Tax, this type of tax takes a higher percentage from high income groups than low income groups.
What is a progressive tax?
(regressive and flat are the other types)
We can accept a Driver's License from this non-US country as a primary ID.
What is Canada?
While it could also refer to a hospitalized husband or wife, for IRS purposes, this is a person whose partner brought an existing debt or tax obligation into the marriage.
What is an injured spouse?
While this might sound like a drinking establishment that got a bad score from the health inspector, it's actually the report US taxpayers must file if they have more than $10,000 in foreign bank accounts.
What is an FBAR?
(Foreign Bank Account Report FinCen 114)
If a Full Service client has an S-Corp, Partnership, or Estate, they must do this before we can assist them.
What is File a Business Return? (1120, 1065, or 1041)
Recently measured in the hundreds of billions of dollars, this is the difference between the tax due to the IRS and the tax collected by the IRS in a given year.
What is the Tax Gap?
(Current projection for 2020 and 2021 is ~$688 Billion)
This celebrity might be a formidable vampire slayer, but he was unable to fight off the IRS after willfully failing to file millions of dollars in back tax tax returns, and served 3 years in prison from 2010-13.
Who is Wesley Snipes?
(Blade, the Vampire Slayer)
A client with a W-2 and a 1099-NEC from driving for Uber would be considered this Product Level for Full Service.
What is FS4?
This 2017 Act temporarily eliminated Miscellaneous Itemized Deductions for most taxpayers, and also approximately doubled the standard deduction.
What is the Tax Cuts and Jobs Act of 2017?
(TCJA)
This dog was originally bred by a 19th century German tax collector who wanted some protection while making his rounds.
What is a Doberman?
(Doberman Pinscher, Louis Doberman)