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Basics and Beyond of Crypto Taxation: On-Demand Webinar Crucial Knowledge Tax Preparers Need to Know Cryptocurrency, or virtual currency, is a digital representation of value currently used both as a medium of exchange and as an investment. The IRS considers virtual currency to be property; in many cases, basic property tax law works well for […]

As part of our commitment to providing you with the best possible service, we want to inform you about an upcoming scheduled downtime for essential maintenance for TaxAct Professional. Downtime Schedule: Date: Jan 16, 2023 Time: 4:30AM – 5:30AM CST Access to TaxAct Professional will be temporarily unavailable during the maintenance.  We are implementing crucial […]

ProConnect PDF Import is now working as expected. Thank you, The TaxAct Professional Team

ProConnect PDF Import is currently experiencing issues with importing a few fields from Basic Information.  Our team is working to resolve this as quickly as possible, stay tuned for an update for when this is resolved. Thank you, The TaxAct Professional Team

1099-B: Reporting Income from Securities and Bonds Recording from virtual event hosted in December of 2023. On December 7th, we hosted a 2-hour virtual event live from Savannah, GA, where Amy M. Wall presented on 1099-B. A special thanks to everyone that joined us live! Because 1099-B: Reporting Income from Securities and Bonds is such […]

Stop Chasing Paper – Start Offering eSignature Recording from webinar hosted by TaxAct Professional and DocuSign®. On December 14th, TaxAct Professional partnered with DocuSign® to host a brief 1-hour virtual event on eSignature. A special thanks to everyone that joined us live! Because we continue to grow and improve our integrated eSignature tool, we felt it […]

What’s New for TY23 and Demo Recording from virtual event hosted in August of 2023. On August 17th, we held a 2-hour virtual event, live from Los Angeles, CA, where industry experts came together to help tax professionals prepare for the upcoming tax season. A special thanks to everyone that joined us live! Because this […]

FREE Downloadable Tax Calendar May 2023 – April 2024 We know that being a tax preparer is incredibly stressful and busy, to say the least. To help you save time and energy when it comes to remembering dates and deadlines, TaxAct Professional has put together a calendar for you to download (for free) and immediately […]

Crypto Taxation Basics and Beyond: What Preparers Need to Know Crucial Knowledge for Tax Preparers Going Into TY22 Cryptocurrency, or virtual currency, is a digital representation of value currently used both as a medium of exchange and as an investment. The IRS considers virtual currency to be property; in many cases, basic property tax law […]

Important Information for Next Tax Season! Tax Changes and gearing up for TY22, written by Nyrie Sarkissian, a fellow Tax Professional. Gearing Up for TY22 By: Nyrie Sarkissian TY22 is coming. That means it is almost our time to shine! But are you prepared to do your best? Many people ask me how I prepare […]