
The College Student Tax Scam
The IRS is warning college students and other taxpayers to be aware of a new federal tax refund scam luring students to give their personal...

Pros and Cons of Refund Anticipation Checks
We all know that there are some crooked tax preparers out there. Heck there are crooked people in every profession. It seems like these bad...

Quick Reference for Tax Professionals ? Casualty and Theft Loss
Not much can ruin someone’s day faster than coming home from a long day at work, ready to relax, then walk inside the house and realize someone...

No IRS Shutdown, Tax Professionals Exhale
With less than a month before the April 15th filing deadline, it turns out the IRS budget cuts won’t cause the Internal Revenue Service to shut down...

Quick Reference for Tax Professionals ? Child Care Tax Credit
Child care is not cheap whatsoever, and most pay additional costs for someone they like and trust instead of the cheapest – just like your...

Tax Zombies
Unlike The Walking Dead Zombies wondering the streets starving for flesh, these zombies are hungry for tax refunds. They are attempting to bring the...

IRS Sending Many ID Theft Letters
Our sources at the IRS sent us some important information we would like to share with you, our professional tax software friends. There are 3...

Anthem Admits Being Hacked
UltimateTax loves to share information that can help you help your clients. We want to be more than your professional tax software provider, we want...

Quick Reference for Tax Professionals ? Hobby or Income?
As a tax professional, you know find there is no solid line drawn between a hobby and income. To help establish the difference with your clients,...

Quick Reference for Tax Professionals ? Medical and Dental Deductions
As a tax professional, sometimes you need an answer right now. At UltimateTax we want to offer your more than professional tax software, we want to...
Recent Posts
Advantages of a Tax Software for Tax Preparers
If you are a tax preparer and you are getting tired of manually recording all your transactions then it’s high time you get yourself tax software for tax preparers. Tax software is an online program that helps you manage and organize the data from your business,...
How to Start a Tax Preparation Business: Get Tips and Advice Here!
Tax season can be stressful. Between managing your tax return, the ever-changing tax laws, and preparing your taxes for each new year, it can be daunting to tackle as a small business owner. Luckily, starting your own business can help you manage these challenges and...
How to Start a Successful Tax Preparation Business?
Starting your own business can be an exciting prospect, but it can also be a challenging one. That’s why you need to start as early as possible. Starting a business requires time and patience and not everyone has this in abundance. However, doing so doesn’t have to...
8 Things Everyone Should Know About Tax Preparation
The IRS imposes a wide variety of taxes on Americans. These include federal income taxes, which are based primarily on your taxable income, and payroll taxes, which are based on the amount you earn. Most people have some amount of money coming in each year. As such,...
Why You Need a Tax Preparation Software
Whether you own a large tax firm or work as an independent tax preparer, you want to use the best tax software for professionals. There are numerous tax preparation tools on the market today, but it is critical to choose one that meets the needs of your clients. A...