Stimulus Payments EIP payments and forms

Jan 8, 2021

Looks like this season is going to get off to a crazy start. The Economic Recovery Payment 2 paid end of December 2020 / First of January 2021. WILL BE reconciled on their 2020 tax return. So the “$600” payment will be paid on their tax return as a...

EPS Bank Update ? Cards and Checks

Jan 6, 2021

As a notice for EPS Checks and Cards – Only use cards and checks issued to your office this season. Do not use prior season checks and cards for 2021. Card Number Issue: There is an card issue that you have get the correct card number from your EPS portal. Click...

IRS Announced e-file start date

Jan 5, 2021

IRS announced today, that e-file will start on February 12th to accept 2020 tax returns. The start of the season has been delayed due to the tax law changes on Dec. 27th. You can transmit returns now. They will be held until February 12th and assuming the volume will...

Software Update 1/4/21

Jan 4, 2021

We would like to give you a couple reminders for the season: The links for all software is at online.ultimatetax.com. Pre-Ack loans are have started if you are offering them. This year the system is emailing codes and password resets. The email comes from...

Add a Mobile option to your office

Nov 17, 2020

Mobile is Here! With the new operating environment changes constantly, utilize our new mobile app to retain and grow your business. Now you can prepare returns without in-office visits. The new Mobile interface is all about convenience – for you and your clients. The...

[UltimateTax] – E-Filing Shutdown

Nov 7, 2020

We are informing you that the IRS intends to shut e-filing on November 21st. We will stop accepting returns on November 18th. This includes individual returns for all years. No returns will be accepted until the IRS turns e-file back on in early January 2021. This is...

Essential Tools For Your New Tax Preparation Business

Feb 17, 2020

Setting up your tax preparation office means purchasing the right tools. The right equipment can help you finish your tasks efficiently and let your business processes work smoothly. Of course, buying equipment is not cheap. You will have to invest in getting the...

Tips On How To Market Your New Tax Preparation Business

Feb 10, 2020

Once you’ve set up your new tax preparation business, it’s only a matter of time to start acquiring clients. Your first clients would be your family and friends. Then, you need to start chasing after potential clients by marketing your business. Any new tax preparer...

Services New Tax Preparers Can Offer

Feb 3, 2020

It’s tax season once again! Are you a new tax preparer? Do you plan on starting your own business? Well, now is the perfect time to start your business. The best feature about starting your own tax preparation business is how easy it is. You don’t have to rent out an...

Tax Professionals, Here Are The 2020 Deadlines You Need To Keep Track

Jan 29, 2020

It’s tax season once again! For tax professionals, the next three to four months can be the busiest time of the year. Aside from meeting with both old and new clients, you need to gather your clients’ financial documents, start preparing income taxes and file prepared...