tag:blogger.com,1999:blog-8898469830539515655.post2975413607369090444..comments2023-10-10T06:40:25.981-05:00Comments on Accounting and Tax Tips: New Rules Close Loophole for Tax Preparers Looking to Avoid E-FilingKenneth Reidhttp://www.blogger.com/profile/15976434299669878977noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8898469830539515655.post-76467044980293858862011-04-07T11:59:42.100-05:002011-04-07T11:59:42.100-05:00What do you mean by "wandering" tax pro?...What do you mean by "wandering" tax pro?<br /><br />If you work on your own, you are required to e-file all returns if you prepare 100 or more tax returns (in 2011). The are only two exceptions to this:<br /><br />One exception is if the taxpayer specifically signs a document that states that the taxpayer does not want to file electronically. The form to use is Form 8948.<br /><br />The second exception is if the tax return cannot be e-filed because of certain forms, or if there are e-file errors which cannot be resolved.<br /><br />Tax returns which cannot be e-filed include tax returns for prior years.<br /><br />The rule changes to 11 or more tax returns beginning in 2012. In 2012, taxpayers will not be able to opt out of e-filing their returns.<br /><br />The IRS MEF program will eventually be fully functional so that prior year returns can be e-filed. The MEF program is not there yet, but is moving in that direction. Once this happens, there will be NO excuse for tax return preparers to not file returns electronically.<br /><br />If you are referring to tax return preparers that work for more than one tax return practice, or who frequently move from one practice to another, the rule is that tax returns must be e-filed if the practice files 100 or more tax returns per year (11 or more tax returns starting in 2012).Kenneth Reidhttps://www.blogger.com/profile/15976434299669878977noreply@blogger.comtag:blogger.com,1999:blog-8898469830539515655.post-32341415408458114392011-04-06T10:12:35.178-05:002011-04-06T10:12:35.178-05:00What is the Wandering Tax Pro going to do ?What is the Wandering Tax Pro going to do ?Peter Reillyhttps://www.blogger.com/profile/01473701483727808782noreply@blogger.com