TaxAct Professional Blog Tax Preparation

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reCAPTCHA: What it is and How it Protects You and Your Client Data

Every tax professional is a potential target for highly sophisticated, well-funded and technologically adept cybercriminals around the world. No one can fight this crime alone. It takes all of us working together. That is why the Security Summit – the unprecedented partnership between the IRS, state tax agencies, and the private-sector tax industry – came […]

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(Completed) TaxAct Professional Scheduled Maintenance for 12/13/2018

TaxAct will be performing scheduled maintenance beginning at 5:00 AM CT on Thursday, December 13, 2018. During this time, you will not be able to access TaxAct Professional software or website. We expect the maintenance to take no more than two hours. Thank you for your patience!

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taxact scheduled maintenance
taxact scheduled maintenance


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 […]

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Form W-12, PTIN Renewal
Form W-12, PTIN Renewal


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 […]

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System Requirements
System Requirements


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 […]

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(Completed) TaxAct Professional Scheduled Maintenance for 11/10/2018

TaxAct will be performing scheduled maintenance starting at 5:00 AM CT on Saturday, Nov. 10th, 2018. During this time, you will not be able to access TaxAct Professional software or website.   We expect the maintenance to take no more than 4 hours.   Thank you for your patience!

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taxact scheduled maintenance
taxact scheduled maintenance


(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 […]

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taxact scheduled maintenance
taxact scheduled maintenance


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 […]

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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 […]

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IRS 2018 Tax Tables
IRS 2018 Tax Tables


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 […]

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IRS 2018 Tax Tables
IRS 2018 Tax Tables


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 […]

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Tax Preparer Customer Support
Tax Preparer Customer Support


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 […]

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2018 Pro Tax Software Available
2018 Pro Tax Software Available


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 […]

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Ultratax CS 1040 PDF Import
Ultratax CS 1040 PDF Import


Enhancements to Our 2018 Software

As you’re preparing and planning for tax season, you may be interested in what enhancements have been rolled out in the 2018 version of TaxAct® Professional. Here’s a high level overview on what we’ve been working on for tax year 2018 so far:

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tax preparer invitation taxact professional
tax preparer invitation taxact professional


Know the Difference Between Tax Preparer Credentials

As a professional tax preparer, it’s important for you to understand the various credentials and qualifications that are widely used throughout the tax preparation industry. Attorney Attorneys are licensed by state courts, the District of Columbia or their designees, such as the state bar. Generally, they have earned a degree in law and passed a […]

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System Requirements
System Requirements