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What is one thing you wish you would've done differently this season with your Tax Business?

This law protects customers’ financial records from being accessed by the government without proper legal process, like a subpoena, warrant, or the customer’s permission. 🧾 What This Means for Tax Pros: If you’re working with Schedule C clients (self-employed individuals) and the IRS (or another agency) requests access to their financial data: - YOU are not automatically obligated to hand it over without the proper legal documentation. - This post is emphasizing that you have a legal right to protect your client’s information until the correct process is followed. 🧠 Key Terms: • Customers: People with accounts at financial institutions. • Records: Bank transactions, balances, deposits — any financial data. • Unwarranted Intrusion: When the government tries to access records without a warrant, subpoena, or consent. • Legitimate Law Enforcement Activity: Access is only allowed with a proper legal reason and process. If you’re managing clients and need a simplified way to communicate this, you could say: “We don’t release financial records to anyone, including the IRS, without proper legal authority. This protects your privacy and follows federal law.”

The IRS is switching gears—and YOU need to be ready before your clients start asking questions you ain’t got answers to. ⬇️⬇️⬇️⬇️

🔹 Office Start-Up Loans – Preseason • Available October 2nd – earliest in the industry • New and existing clients may qualify • Fast processing time, high approval rate 🔹 Fee Assist – In-Season • Available 1st day of IRS acknowledgements • Receive 50% of prep fees up to $300 • New and existing clients are eligible • Helps EROs manage payroll and reduce cash-flow crunch 📝 Notes at the bottom: • ERO Loan underwriting starts OCT 1st • Deposits go out OCT 2nd • ERO must complete the Beneficial Owner portal (allow 24 hours for loans to post) • ERO goes to the Summary: Start-Up / Fee Assist / Loyalty 🔹 December Loyalty Program • Available in December, load up to $500 to a FasterMoney Visa • EROs can retain the card year-round • Part of retention efforts for new and loyal EROs • Can be used again for refund advances and tax season support • Deposit checks, credits, and payroll to card • Card can be used anywhere Visa is accepted