Per Return Billing Starts Now
Product: PPR and 1040 Packages Just a reminder that we are going to start our billing process for 2020 returns. We actually held off our billing by a couple weeks due to the late start of the season. If you have billable items, you will receive an invoice today or...
Tax Software Current Versions
This applies to: Desktop Version Online users – If you use the Desktop Version for corporate returns. Please be sure to Update Program and Update your Modules. On the desktop version you have to get Acks to have the most recent version of the tax return. You can...
1099R – 10% Penalty – 3 Year Averaging
We have gotten a few questions with the tax code change this year. (There are many.) Cashed out Retirement they receive a 1099R. They can avoid the 10% penalty if they took the money out because of the pandemic. Also they can choose to average the tax treatment over...
Tax Software Update
We are just a couple days away from the IRS opening e-file for everyone. Though you may have started seeing acks yesterday. The IRS is Hub testing now. Acks will be slow in coming. Pre-Acks are now just regular advances now. You must get an IRS ack before you can get...
Software Update – 1/23/2021
Now that season is going. We would like to update you on some additional helpful hints: – We do support by Calls, Tickets, Emails and Chat. During our business hours, the chat feature of our support widget gets directly to our customer support. After business...
Stimulus Payments EIP payments and forms
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...
IRS Announced e-file start date
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...
Add a Mobile option to your office
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...