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...
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...
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...
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[UltimateTax] – E-Filing Shutdown
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...
Essential Tools For Your New Tax Preparation Business
Setting up your tax preparation office means purchasing the right tools. The right equipment can help you finish your tasks efficiently and let your...
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...
Services New Tax Preparers Can Offer
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...
Tax Professionals, Here Are The 2020 Deadlines You Need To Keep Track
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...
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...
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...
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Recent Posts
Can I Get an EFIN with Bad Credit? A Comprehensive Guide to Application
In the ever-evolving world of tax preparation, the Electronic Filing Identification Number has become an essential tool for tax professionals. With an EFIN, tax preparers can electronically file tax returns on behalf of their clients, streamlining the process and...
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Effective tax preparation is essential for small businesses, offering long-term benefits and ensuring compliance with tax laws. In this comprehensive guide, we will discuss the key steps involved in small business tax preparation. From understanding your tax...
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Understanding 1041 Distributions to Beneficiaries: The Role of Form K-1
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The Essential Guide to Bank Products for Tax Preparers
As a tax preparer, it's essential to keep up-to-date with the latest banking products available to your clients. Not only will it help streamline your job and improve efficiency, but it can also provide a range of benefits for your clients. From direct deposit to...