Efile Start Date for 2021 Returns
We are announcing that the IRS will be accepting 2021 returns starting on Monday January 24, 2022. As expected the IRS will begin accepting returns for the 2021 season about the normal time they do each year. As with any start date, we anticipate the first day to be...
Keep an Eye on These Expiring Tax Breaks
As 2021 draws to a close, a number of tax breaks are set to expire. Tax preparers need to be aware of which tax breaks will be going away—but also keep in mind the possibility that they could come back. The expiring provisions could be renewed through legislation....
Tips to Improve Client Experience This Year
Tips to Improve Client Experience This Year Every customer counts for your business. Tax preparation is all about delivering a service. You have the tools and the knowledge to do so. But you’ve got to do more. You’ve got to set yourself apart from the...![[Update] ? Software Online Acks](https://ultimatetax.com/wp-content/uploads/2022/12/Online-Screen-1080x675.png)
[Update] ? Software Online Acks
This evening the program was updated so that the current status of acknowledgements have been posted to your accounts. We apologize for any inconvenience this may have caused you. We do appreciate your patience over the last couple of days. At this point the returns...
Software Update 1/4/21
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...
Tips On How To Market Your New Tax Preparation Business
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...
5 Mistakes Preparers Make When Buying Tax Software
1. Refusing To Adopt Cloud-based Software The tax preparation software industry is probably one of the slowest industries to embrace cloud technology for software needs. There are items to be concerned about, however, if banking, finance, trading, healthcare and other...
Refund Timing for Earned Income Tax Credit and Additional Tax Credit Filers
The tax industry stakeholders are projecting refunds will begin hitting accounts mid-week, Feb 22nd. This is just an estimate and not a guarantee and it could take 7-10 days for the backlog of refunds to be caught up. Also note, the refunds may not be deposited in the...