Blog

How Tax Professionals Can Navigate the IRS During Peak Season For preparers, knowing the right IRS resources and when to use them can help you save time and keep returns moving through the pipeline. Below is a guide to the most useful IRS contact options and strategies tax professionals rely on during the busiest part […]

The Top 3 Cyber Risks Facing Tax Firms This Season — and What to Do First Tax season brings tight deadlines, long hours, and constant communication with clients. It also brings something else: increased cyberattacks. Criminals know tax offices are moving quickly and handling sensitive financial data. That combination makes firms especially attractive targets. The […]

We were recently notified of an issue impacting Ohio individual returns. Due to a processing issue, all Ohio IT 1040 returns are currently being rejected in error. The Ohio Department of Taxation has temporarily suspended processing of Ohio IT 1040, IT 10, and SD 100 returns while the issue is being resolved. Impacted returns will […]

When the Tax Cuts and Jobs Act (TCJA)* — famously dubbed the One Big Beautiful Bill Act, now called the Working Families Tax Cut Act — was signed into law, it reshaped the estate and gift tax landscape almost overnight. The ripple effects are still very much in play, especially as sunset provisions approach and […]

IRS Research & What Tax Pros Should Watch in 2026 As the 2026 tax season begins, professional tax preparers face a shifting compliance landscape shaped by new IRS research, audit priorities, and taxpayer behavior. Understanding these changes is key to helping clients avoid costly mistakes — and keeping your practice efficient and audit-ready.   1. […]

We are aware of an issue where a not approved message may be encountered when attempting to print form 8879 from the print center, while doing a custom print, or directly from the form. We are working to correct the issue.

The Colorado Department of Revenue (DOR) expects to begin issuing electronic filing acknowledgments (acks) for returns on or after the dates listed below: Individual and Corporate returns: January 26, 2026. S Corporation and Partnership returns: January 30, 2026. Fiduciary returns: February 4, 2026. While you will receive acknowledgments from the state, they will not begin […]

Recent legislation temporarily expands the SALT deduction cap, creating new planning opportunities — particularly for higher-income taxpayers and clients in high-tax states. What’s Changing in 2025 For tax years 2025 through 2029, Congress increased the SALT deduction cap under the One Big Beautiful Bill Act (also known as the Working Family Tax Cut Act). Key […]

Our new Tax Year 2025 Season Readiness Guide is here. The guide includes important calendar dates, direct resources that are available, and also updated guidance for the One Big Beautiful Bill Act. What’s the purpose of the Tax Season Readiness Guide? To help alleviate some of the stress that comes with prepping for the upcoming […]

Cybersecurity Best Practices for 2025 As a tax professional, you’re legally required to safeguard taxpayer data — and the stakes are higher than ever. Join us for this exclusive webinar, Jared Ballew (VP of Government Relations, TaxAct) will walk you through: – Your obligations under the FTC Safeguards Rule How to create and maintain a […]

Form 4797, Tax Planning, Sales Allocation, and More Simply put, IRS Form 4797 is the form used specifically for reporting the gains or losses resulting from the sale or exchange of business and income producing property used in a trade or business. However, this Form 4797 often generates a countless amount of uncertainty and anxiety. […]

Rental Real Estate: Gig Economy & Advanced Tax Issues Reporting rental real estate for tax; short- term rentals, allocating expenses among co-owners, applying active participation rules, mixed- use properties, vacation rentals, commercial rentals, interest deduction criteria including interest tracing rules, real estate professional qualifications, home office, travel expenses and more. Review rental loss limitations; Basis, […]

Divorce and the Various Tax Implications What happens when your clients divorce? Divorce is an emotional occurrence for all involved. What is the significance of the tax professional assisting clients through this difficult time? This course will explain the importance of working with and advising our clients on tax related divorce issues. We will discuss […]

Working Families Tax Cut Act: Insights and Support for Tax Pros This session breaks down the Working Families Tax Cut Act and its impact on today’s tax professionals and their clients. With guidance and regulations constantly evolving, staying up to date is essential. We’ll highlight key provisions, how they may affect your workflow, and the […]

Disaster Relief and Casualty Losses: What Tax Professionals Need to Know Disasters can leave taxpayers financially and emotionally devastated—but they also trigger important tax relief options. Join us for a comprehensive webinar exploring how to guide clients through disaster-related tax issues, including casualty loss deductions, administrative relief, and safe harbor methods. We’ll cover how to […]