TaxAct Professional 2018 State Editions Begin Releasing

TaxAct Professional 2018 State Editions have started releasing with more available soon (see the State Program Release Dates page for the entire list of available states and anticipated release dates). The following TaxAct Professional 2018 States are now available: 1040 CA CT CO GA ID IL IN KS KY MD MI NC NY OK OR UT VA 1065 / 1120 / 1120S DC ID If you've already purchased your 2018 State Edition(s), you will be able to install all available states by going to the Online --> Install State menu option. From t...
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TaxAct 2018 Professional Editions Version 1.0 Update

Version 1.0 is now available for all TaxAct 2018 Professional Federal Editions This updated includes: E-filing for the following: 1040 Federal Note: The IRS has not yet announced when they will open for tax year 2018. Any returns submitted will be held until the IRS starts processing. Printing for the following main forms: 1040 Federal 1065 Federal 1120S Federal 1041 Federal 990 Federal Note: Not all federal forms are finalized and/or approved, so not all returns can be printed or filed at this time. Notification Center Banner When there are ...
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PTIN Renewal Period Underway

Your PTIN expires December 31. You must renew it before submitting any returns during the upcoming tax season. Apply for or renew your preparer tax identification number (PTIN) annually. If you prepare or assist in preparing federal returns for compensation or you are an enrolled agent, you must apply for or renew your PTIN each year before you can file any returns during the upcoming tax season. The application and renewal period began in November. The fastest way to renew is using the IRS online registration system, as receipt of your PTIN is immediate upon successful registration or rene...
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TaxAct Professional 2018 System Requirements

Are you prepared for the upcoming tax season? One item that might get overlooked is your computer system. Make sure your computer meets the minimum requirements for TaxAct® Professional 2018. Current system requirements are: Operating System: Windows® Users: Windows 7, Windows 8.1, Windows 10 Macintosh® Users: We’re sorry - TaxAct Professional Editions are not available for Macintosh Display Resolution (in pixels): Minimum: 1024x768 or larger Recommended: 1920x1080 or higher Web Browser: Microsoft® Internet Explorer® (IE) 11 While you may not use IE 11 in your daily routine, while sur...
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How the New Tax Rates Affect Your Clients’ Individual Income Tax Returns

The federal income tax rates for almost all taxpayers changed in 2018 due to tax reform. These changes will affect some of your clients’ rates more than others. Here’s how the new tax rates will affect your clients. How did tax reform change the federal income tax rates for 2018? Most income tax bracket rates went down between 2-4 percent due to the Tax Cuts and Jobs Act. The lowest rate – 10 percent — didn’t change. Check out the new tax rates below for single filers and those married filing joint returns. Single Filers Tax Rates [table id=1 /] Married Filing Joint Tax Rates [table id=2...
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Welcome to the new TaxAct Professional Notification Center!

This new tab in the TaxAct Professional Editions has been added to help us keep you informed on the latest information tax professionals need to know. Starting in January, you can expect to see timely updates relating to IRS news, TaxAct updates, FAQs, and other relevant information to ensure you have an efficient and successful season. We'll also be adding new functionality to enable searching, filtering, and alerts for new messages in future updates. As always, we'd love your feedback. Submit your product suggestions by selecting Online --> Submit Product Feedback in your TaxAct ...
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(Completed) Professional Reports / Fed EF Status Unavailable & Scheduled Maintenance for 11/8/2018

TaxAct will be performing regular maintenance starting at  5:00 AM central on Thursday, Nov. 8th, 2018. We are aware of an Issue impacting the availability of data in the Fed EF Status column of Client Manager and Professional Reports for all years. In order to address this issue, we will have planned maintenance starting at 5am CT tomorrow ( 11/8/2018). During the maintenance window, e-file will also be unavailable. We expect the maintenance to take no more than 4 hours. Thank you for your patience!    
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Tax Cuts & Jobs Act Infographic

In December of 2017, we witnessed the most significant changes to the tax code in a generation get signed into law, with the Tax Cuts & Jobs Act. To help your clients better understand the tax reform changes, we’re providing a PDF document that takes a look at ten of the major provisions that may impact your individual tax clients. Feel free to download and share this document with your clients as you meet with them to discuss their 2018 taxes. [pdf-embedder url="https://proadvance.taxact.com/wp-content/uploads/2018/10/TaxReform-Infographic-Print.pdf"]  
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Kentucky Experiencing Technical Difficulties

The State of Kentucky has been experiencing communication problems with the IRS system since 9/2/18 (state returns get processed through the “IRS system”), which results in the KY state returns not having a rejected/accepted status. The state has requested tax preparers (and tax payers) to not contact the state of Kentucky if you have concerns regarding the status of a state return. Kentucky is working on correcting the issue and you will receive a notification once the return is able to be processed.
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Colorado Experiencing Technical Difficulties with Returns

The State of Colorado has been experiencing communication problems with the IRS system since 8/29/18 (state returns get processed through the "IRS system"), which results in the CO state returns not having a rejected/accepted status. The state has requested tax preparers (and tax payers) to not contact the state of Colorado if you have concerns regarding the status of a state return.  Colorado is working on correcting the issue and you will receive a notification once the return is able to be processed.
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October Extension Support Hours

The IRS reminds tax professionals who requested an extra six months to file their clients' 2017 tax returns that Monday, October 15, 2018, is the extension deadline for most taxpayers. To provide the best experience possible for TaxAct Professional customers, we will be extending our support hours on October 15 to 8:00 AM - 9:00 PM (central time). Support hours on October 16 will be 9:00 AM - 5:00 PM (central time). For account and software questions, please call (319) 731-2682. For tax-related questions, please call (319) 731-2680.
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2018 Release Dates for TaxAct Professional

Similar to previous tax seasons, the TaxAct 2018 Professional editions start releasing in late October and are updated periodically throughout the filing season. Federal Professional Editions - Planning to release in late October (exact date TBA) Professional Editions 1040 / 1041 / 1065 / 1120 / 1120S / 990 Will have an update in early January to allow filing State Professional Editions - Planning to release in early January (exact date TBA) The state 1040 programs begin releasing in early January and continue to release throughout the month of January. Business and 1041 sta...
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Coming Soon to TaxAct Professional: UltraTax 1040 PDF Import

In a continuing effort to provide productivity-enhancing tools, TaxAct Professional will begin supporting the import of 2017 Form 1040 PDF returns from UltraTax CS. This functionality will become available this fall in the 2018 editions. The benefit of UltraTax PDF import is that it allows the tax professional to build their client list in TaxAct Professional without having to start from scratch, saving both time and money in the process. Stay tuned for details on the exact availability date.   All trademarks not owned by Blucora, Inc. or TaxAct, Inc. that appear are the prope...
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