Quick Reference for Tax Professionals ? Child Care Tax Credit

Quick Reference for Tax Professionals ? Child Care Tax Credit

Mar 19, 2015

Child care is not cheap whatsoever, and most pay additional costs for someone they like and trust instead of the cheapest – just like your professional tax software! Here are some tips to help see if your clients qualify for this deduction. Child Dependent or...
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...
IRS Sending Many ID Theft Letters

IRS Sending Many ID Theft Letters

Mar 16, 2015

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 identity theft letters that you need to know about. It seems that the Identity Theft Filters at the IRS are working hard on...
Anthem Admits Being Hacked

Anthem Admits Being Hacked

Mar 11, 2015

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 to be your go-to for everything your tax business needs! On Thursday, February 26th Anthem, Inc. Communications sent...
Quick Reference for Tax Professionals ? Hobby or Income?

Quick Reference for Tax Professionals ? Hobby or Income?

Mar 11, 2015

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, here are a few questions you can ask your client to help you differentiate between the two Do you conduct activities in a...