Understanding tax return preparer credentials and qualifications Any tax professional with an IRS Preparer Tax Identification Number (PTIN) is authorized to prepare federal tax returns. However, tax professionals have differing levels of skills, education and expertise. An important difference in the types of practitioners is “representation rights.” Here is guidance on each credential and qualification: […]
Category Archives: Accounting
Accountant Services You Should Leave To A Pro
How do you use a general ledger? As a small business owner, you need to keep track of your company’s transactions. You can record transactions in a journal and ledger account. Making journal and ledger entries are important steps in accounting. Journal entries Every time you make a transaction for your business, you must record […]