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IRS to Issue Tax Refunds Despite Government Shutdown

Millions of taxpayers typically file their tax return at the beginning of the year to get a refund. Until today, it was uncertain when refunds would be paid out due to the government shutdown that began on December 22, 2018. Under previous government shutdowns, the...

Drop Your “Pro”. Taxes are Simple.

Did you start your tax return with TurboTax, get a refund result, then move to H&R Block online to see if you could get an even bigger refund? Maybe you went to three different tax offices to see which one would give you the best refund result? Did you pay the...

Self-Employed: Are you claiming all of your expenses?

If you are a freelancer, sole proprietorship, Uber driver, contractor, subcontractor, you work for yourself, receive a 1099-MISC, you get the idea, and you have more than $5,000 in business expenses, then you will need to file a Form Schedule C as part of your next...

Are the upgrade fees really worth it?

Back in 2016, Kristy, my fiancée, COO of IOOGO and wonder woman, asked me why my tax customers still paid my franchisees $100 -$400 for a personal income tax return. I explained to her that our 15+ years of experience allowed us to provide customers with quality work...

Earned Income Credit (EITC) as much as $6,431

The Earned Income Tax Credit, EITC or EIC, is a benefit for working people with low to moderate income. The credit reduces the amount of tax you owe and may give you a refund. To qualify, you must meet the following criteria: 1. You, your spouse (if applicable), and...

Children = Bigger Refunds in 2019

The implementation of the Tax Cuts and Jobs Act bill introduced changes to the Child Tax Credit. The first change is an increase in the amount of the Child Tax Credit. It increased from $1,000 to $2,000 per qualifying child. The refundable part of the Child Tax...

Why I Switched Sides in Tax Preparation

I started in the income tax industry back in 2001, when e-file was still fresh and a lot of taxpayers still filed by paper. Over the next eight years, I saw the industry progress as technology began to play a key role. As demand grew, I added a few members to my team...

The “Magic” Behind Your Tax Refund (Or Not)

Why are taxes so complicated? They aren’t, but TurboTax, H&R Block, and the rest of the tax preparation industry want you to believe that they are. With the right tools, 90 percent of tax filers could complete their tax return in less than 10 minutes. However, the...

Tax Preparer Education Requirements (or lack thereof)

Watch this video!Do you know that the IRS does not require tax preparers to have any kind of special education?Do you know that tax preparers are not CPAs?Do you know that most CPAs are not tax preparers?According to the IRS, in order for you to become a tax preparer,...

Are you more experienced than your tax “pro”?

A few weeks ago, I let the cat out of the bag that IOOGO is on a mission to make the tax preparation process easy, transparent and more reasonably priced. I want to talk more about the last reasons mentioned… cost and transparency. www.franchisehelp.com estimates that...

Taxes are simple

-Episodes 1-8 

Recent Posts

IRS to Issue Tax Refunds Despite Government Shutdown

IRS to Issue Tax Refunds Despite Government Shutdown

Millions of taxpayers typically file their tax return at the beginning of the year to get a refund. Until today, it was uncertain when refunds would be paid out due to the government shutdown that began on December 22, 2018. Under previous government shutdowns, the...

read more
Drop Your “Pro”. Taxes are Simple.

Drop Your “Pro”. Taxes are Simple.

Did you start your tax return with TurboTax, get a refund result, then move to H&R Block online to see if you could get an even bigger refund? Maybe you went to three different tax offices to see which one would give you the best refund result? Did you pay the...

read more
Self-Employed: Are you claiming all of your expenses?

Self-Employed: Are you claiming all of your expenses?

If you are a freelancer, sole proprietorship, Uber driver, contractor, subcontractor, you work for yourself, receive a 1099-MISC, you get the idea, and you have more than $5,000 in business expenses, then you will need to file a Form Schedule C as part of your next...

read more

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