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...
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...
More DIY Taxpayers This Year?

More DIY Taxpayers This Year?

Mar 10, 2015

As reported by CPA Trendlines , as of February 27, 2015 total tax refunds are down 1.8%, which is 882,000 fewer refunds than this time last year. Tax professionals have submitted 4.4% fewer e-files year over year with just 28,733,000 e-file receipts versus...