Tax Preparer Blog

UltimateTax Blog

What Is a Refund Transfer?

What Is a Refund Transfer?

The refund transfer is a deposit product that allows clients to settle their preparation fees or accounting fees without making an upfront payment....

read more
UltimateTax or ProSeries as the Best Corporate Tax Software in 2022

8839 Qualified Adoption Expenses

We are aware of an issue with the IRS schema concerning the maximum adoption credit allowed on Form 8839 Qualified Adoption Expenses.  Per the form...

read more
Drake vs. Ultimatetax UltimateTax: In Search of the Best Professional Tax Software

State and Module Release Dates

We have published a solution article to are module and state release dates.  This article will be updated around 11am central.   This article is the...

read more
CA e-File – Resolved

CA e-File – Resolved

[UPDATE] - as of 2/2/22 this is resolved. We have identified a minor issue with the State of California eFiles returns. We expect a fix by end of...

read more

Recent Posts

What Is the IRS 1040-X Form? All You Need To Know

Understanding the IRS 1040-X form is essential for taxpayers who need to make changes or corrections to their previously filed tax returns. This form, also known as the amended U.S. Individual Income Tax Return, plays a crucial role in rectifying errors, claiming...

Tax Preparation Resources for Small Business

Tax preparation can be a complex and time-consuming process, especially for small businesses. Understanding the intricacies of tax regulations and properly managing financial records are crucial for maintaining compliance and optimizing financial health.  In this...