Tax Prep Standards
Non-credentialed tax preparers are limited on the number of returns they can prepare in these states.
What are New York, Connecticut, Oregon, Maryland, and Iowa? (Also California)
This tool enables us to view a customer's TurboTax Live screen.
What is SmartLook?
In 1913, Congress reintroduced the income tax with this Constitutional Amendment.
What is the 16th Amendment?
This is the maximum number of state returns that can be prepared in a Full Service engagement.
What is 5?
This tool will tell you if a customer has multiple TurboTax Online accounts.
What is CSR?
Intuit was founded in 1983 at this man's dining room table.
Who is Scott Cook?
We must include this document for home sales over $250,000.
What is 1099-S?
This tool will allow you to view a sanitized copy of a customer's tax return.
What is the Diagnostic Tool?
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?
We can prepare a return with more than 4,000 cryptocurrency transactions if a client provides a completed version of this form.
What is Form 8949 (Sales and Other Dispositions of Capital Assets)?
This tool will provide us with refund information for customers who opted to pay with their refund. It's our portal with Santa Barbara Tax Products Group.
What is Webserve?
This conversion enables a high earner to circumvent income limits and contribute to a Roth IRA.
What is a backdoor Roth conversion?
This state does not recognize IRS Enrolled Agents and requires a specific state certification instead.
What is Oregon?
This type of screenshare will allow you to view everything on a customer's screen, not just their TurboTax Live screen.
What is Glance screenshare?
This notoriously mean real estate magnate was convicted of tax evasion in 1989 and ordered to prison on April 15, 1992. But she still had enough money after paying off the IRS to will $12 million to her dog when she passed away in 2007.
Who is Leona Helmsley?