IRS Sending Many ID Theft Letters

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 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

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?

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...
Quick Reference for Tax Professionals ? Medical and Dental Deductions

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 help you find solutions. Here is a quick list for you to reference of qualifying medical expenses and treatments for...
Affordable Care Act at Risk

Affordable Care Act at Risk

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...