Tax season is right around the corner – are you ready to hit the ground running? We’ve compiled a list of 5 things to do before tax season begins to help you feel more prepared when the new year comes around.
A tax pro’s to-do list to prepare for tax season
- Catch up on the latest tax law updates – Your clients rely on you for your expertise, not your software. If you don’t feel prepared, consider attending our 1040 Update online workshop.
- Stock your office – Avoid having to make any last-minute purchases and stock your office with the best office resources, including client tax return folders, client envelopes, quick reference guides and more.
- Review your EFIN – Confirm that the IRS has current information by reviewing and updating your IRS e-file applications. It’s important to provide changes to responsible officials, addresses and telephone numbers, and to remove individuals no longer associated with the firm, including deceased individuals. You can review and update information electronically using e-Services.
- Renew your PTIN – Dec. 31 is the official deadline to renew your PTIN. Get a jump start on completing the renewal process today.
- Complete CPE requirements – Don’t let your hard-earned designation fall to the wayside by not paying attention to your CPE requirements. We have a ton of on-demand webinars available, and if you’re a member, we have free CPE for you!
About National Association of Tax ProfessionalsThe National Association of Tax Professionals (NATP) is the largest association dedicated to equipping tax professionals with the resources, connections and education they need to provide the highest level of service to their clients. NATP is comprised of over 23,000 leading tax professionals who believe in a superior standard of ethics and exemplify professional excellence. Members rely on NATP to deliver professional connections, content expertise and advocacy that provides them with the support they need to best serve their clients. The organization welcomes all tax professionals in their quest to continually meet the needs of the public, no matter where they are in their careers.
The NATP headquarters is located in Appleton, WI. To learn more, visit www.natptax.com.
Information included in this article is accurate as of the publish date. This post is not reflective of tax law changes or IRS guidance that may have occurred after the date of publishing. All taxpayer circumstances are different, and NATP recommends contacting research services if you have specific questions about your clients’ tax situations.