The Best Bank Products for Tax Professionals
Bank products are client solutions that all tax offices should offer. This benefits the tax office so that you can get paid for your services. They...
Understanding Tax Software with Bank Products
As a tax preparer, you may have noticed that some professional tax software products support bank products. Should this feature affect your decision...
Is It Time to Upgrade Your Tax Software Package?
When deciding to renew your tax software, you will want to ask yourself one important question. Should you upgrade your tax software package? As you...
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....
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...
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...
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...
6 Skills That Every Tax Preparer Should Have
Tax preparation is a good choice of business for a motivated entrepreneur. You can be successful without too great of an investment! You can run a...
IRS Common Mistakes – 2022
UltimateTax is Reposting a good email from the IRS: Common tax return mistakes that can cost taxpayers Tax laws are complicated but the most common...
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...
Professional Tax Software & Service
For Growing Your Tax Preparation Business
Recent Posts
7 Tips To Prep Your Office For A Calmer Tax Season
With tax season fast approaching, it's time to prepare for your busiest time of year. Waiting until February or March to get your office ready for the influx of clients will leave you overworked, frazzled, and unable to meet demand. So, how do you prepare your office...
Why Do Professional Tax Preparers Hold Significance in the Current Tax Landscape?
Taxes can be difficult waters to tread. How can professional tax preparers help you navigate the current tax landscape? How essential are they to successfully completing your taxes each year? Some fellow taxpayers gave insight about why they hire tax professionals and...
How To Go Paperless And Keep Your Tax Clients Happy
We've been transitioning into a paperless society for over twenty years, yet we have more paper now than before. Although scanning technology and computer storage were available, the process needed to be more precise, safer, and easier to manage for clients who...
The Pros And Cons Of Bundling Tax Services
New trends in the tax industry sometimes give the companies at the forefront an advantage over their competitors. However, blindly following trends can get you in over your head and ruin your business if you don’t consider the ramifications and go about it correctly....
What Strategies can You Share for Fully Leveraging Tax Software to Enhance Client Experience?
Gone are the days of calculating taxes by hand, with a paper, pencil, and a good eraser. Tax software has been an innovative and invaluable tool for tax professionals. Are there ways tax software can be leveraged even more to enhance the client experience? Some...