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Three things Californians need to know about the new state health care mandate: Make sure you have health coverage:  Californians must have health insurance beginning January 1, 2020.  In general, a taxpayer who fails to secure health insurance will face a penalty when filing their 2020 tax return in 2021.  Exemptions Available:  Most exemptions from the mandate […]

TaxAct Professional® is excited to announce that we are once again partnering with Republic Bank and River City Bank for tax year 2019 refund-related products. As part of our ongoing mission to provide you with the most up-to-date offerings, we’re proud to help you increase client acquisition and retention with: Allowing your clients to conveniently […]

As a tax preparation professional, you’re already aware that your role in your clients’ lives extends beyond preparing and submitting their returns. The sensitive data to which you’re privy requires many layers of security, and the families who trust you with that information count on your practice to keep it safe. Unfortunately, protecting all of […]

At TaxAct, we know that thousands of our TaxAct Professional® customers have successfully developed a business of their own over years of hard work and sacrifice. Others, however, have only recently begun to experience what the tax preparation industry has to offer. One common element across the board, however, is a prevailing need to excel, […]

We know that you’re well aware of the upcoming deadline for 1040 extension filers. Many of your clients, however, may not be. It’s easy to get distracted and allow dates like October 15th to fall by the wayside, especially for taxpayers who haven’t thought about their returns in months. Though life certainly does get in […]

As you may know, TaxAct Professional® offers money-saving bundles to tax preparation professionals every year, allowing practices like yours to take advantage of deep discounts on our latest software. If you haven’t preordered your bundle yet, now’s the time to do so — prices increase after our savings event ends on September 30th. Because we […]

TaxAct Professional has partnered with Surgent Professional Education to offer you an Enrolled Agent Exam Review course, an invaluable asset to your tax preparation business. This course provides unlimited online access to all course materials, including up-to-date IRS publications, Complete Text, Simulated Exams, Adaptive Learning Technology, and a Pass/Refund Guarantee. The Enrolled Agent Exam Review […]

Over the past year, TaxAct has been hard at work improving our software in order to better serve you and your clients. In fact, we’re excited to announce some of our latest developments now ahead of the coming tax season. First, the newest versions of TaxAct Professional will offer even simpler downloading and installation. We’re […]

Looking for opportunities to increase client engagement and billable hours? Consider becoming an enrolled agent (EA). EA certification is the highest tax credential awarded by the IRS. In fact, EAs are the only professionals that the U.S. government directly grants the right to practice. The reasons to become an EA are numerous, as are the […]

It’s no secret that the IRS processes e-filed returns more quickly and with fewer inaccuracies as compared to paper returns received via mail. Taxpayers also tend to receive their refunds faster when their returns are e-filed, making Authorized IRS e-file Providers a more favorable choice come tax time. In fact, even the IRS prefers e-filed […]

On January 14, 2020, Microsoft will put an end to security support and updates for PCs running Windows 7. To avoid security risks and viruses, Microsoft recommends upgrading to Windows 10 now. In addition to improving security, Windows 10 offers additional productivity features, compatibility tools, and deployment resources to support your business. We know that […]

The ability to send and receive documents electronically has changed the way professional tax preparers do business. It has also opened the door to potential fraud and security breaches if proper precautions aren’t taken. Sending and receiving tax documents using unsecured unencrypted email or fax makes both you – the tax professional – and your […]

Last week the US Senate passed the Taxpayer First Act of 2019, a package of IRS reform legislation intended to redesign the Internal Revenue Service (IRS). The House also passed the legislation for the second time last week. The bill, which contains many provisions, establishes an independent office of appeals within the IRS, requires the […]

Now that tax season is over, in the midst of finishing up extensions that need to be filed, many Tax Professionals are turning their attention to planning for next year, earning continuing education credits, and finding ways to be more efficient and productive to grow their practices. Attending industry trade shows is one of the best […]

Missed Filing Deadline? Here’s What Your Clients Need to Know Tax professionals – another tax season has passed, the filing deadline has come and gone. If you have clients who didn’t file a tax return or an extension but should have, they need to take action now. Here are some tips you can provide to […]