Quick Reference for Tax Professionals ? Casualty and Theft Loss

Quick Reference for Tax Professionals ? Casualty and Theft Loss

Mar 25, 2015

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 broke in, invaded their privacy, and stole their favorite things. The only thing that can make someone feel better in that...
No IRS Shutdown, Tax Professionals Exhale

No IRS Shutdown, Tax Professionals Exhale

Mar 20, 2015

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 for two days as they had previously predicted. Back in January, IRS Commissioner John Koskinen had warned that the...
Tax Zombies

Tax Zombies

Mar 17, 2015

Unlike The Walking Dead Zombies wondering the streets starving for flesh, these zombies are hungry for tax refunds. They are attempting to bring the dead back to life financially. NBC News reports – “During tax years 2006 to 2011, 66,920 people filed using a Social...
Affordable Care Act at Risk

Affordable Care Act at Risk

Mar 11, 2015

It sounds like the Affordable Care Act is in serious jeopardy. The fate of health insurance for an estimated 9.6 million people lies in the hands of the Supreme Court. This lawsuit, King v. Burwell, is challenging a new angle that we have yet to hear about. It all...
Quick Reference for Tax Professionals ? Medical and Dental Deductions

Quick Reference for Tax Professionals ? Medical and Dental Deductions

Mar 11, 2015

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 help you find solutions. Here is a quick list for you to reference of qualifying medical expenses and treatments for...