Stay Compliant with eSignature – On-Demand Webinar

Stay Compliant with eSignature An On-Demand Webinar, Hosted By: TaxAct Professional and DocuSign Our new integrated eSignature offering, backed by DocuSign, makes it easier for you and your clients to get the signature you need to e-file. And it also helps you stay compliant! On Thursday, January 12th, 2023, TaxAct Professional and DocuSign hosted a brief 1-hour webinar, where we provided an in-product eSignature demo, an overview of eSignature compliance, and a customer experience demo from DocuSign. Then, our team wrapped this webinar by providing attendees with information on purchasing ...
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Basics and Beyond of Crypto Taxation: What Preparers Need to Know

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 works well for virtual currency. Unfortunately, there are also many crypto activities for which property tax law just doesn’t apply and there is no IRS guidance to support a tax position. Understanding the concepts underlying cryptocurrency helps the t...
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Important Information for Next Tax Season!

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 for the start of a new tax season. My process begins and ends with my checklist, a simple “things to do” list that I can easily go through and complete. I feel confident and prepared once I make sure that I’m ready to hit the ground running when the season starts. Every year I up...
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2022 TaxAct Professional’s Tax Season Readiness Guide

2022 TaxAct Professional's Tax Season Readiness Guide This guide will provide a supplemental framework to help you stay informed, save time on planning, and align your team for efficiency. Whats Inside: Printable TY22 Checklist Key Tax Facts for TY22 Important Calendar Dates What's New TY22 for TaxAct Professional Software Download this Guide:Interested in accessing the content?Please complete the form below.Click download.Once the form has been submitted, your webpage will be redirected to a link where you can download e...
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Seamless eSignature Integration is Here

Seamless eSignature Integration is Here! Plus, it's backed by DocuSign. TaxAct Professional is giving you even more options with Integrated eSignatures.¹ It's easier for you to get the signature you need to e-file and stay compliant with Knowledge Based Authentication (KBA). Learn More and Reserve eSignatures eSignatures are as easy as 1-2-3: Flexible pricing at a discounted rate: Request - send any document to the client. Customer Signs - it's secure and only takes a few clicks. Ready to e-file - once forms are signed, they're ready for the next step. Pay as you...
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Refund Transfer is Great for Your Business

Refund Transfer is Great for Your Business Let your clients file for $0 upfront, earn more money from incentives, and grow your business. What is a tax-related bank product? Bank Products are services that tax preparers can offer to their clients.1 Refund Transfer allows tax preparation and other authorized fees to be deducted from your client’s tax refund. This product allows taxpayers to use tax-prep services without paying tax-preparation fees upfront. Direct deposit allows the taxpayer’s refunds to be direct deposited from the IRS or State instead of having to wait for a mailed che...
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Add an Entire Tax Audit Defense Department to Your Firm Today!

TaxAct Professional® has partnered with ProtectionPlus® Firm-Level Program Provide Protection Plus benefits to all your clients with the Firm-Level plan option. For only $10 per 1040 return, your clients instantly gain additional peace of mind when they file with you. Per-Return Program With the Per-Return plan option, your clients have the option to add Protection Plus at a base price of $44.95. You may also use this as an opportunity to generate additional revenue for your tax business with an optional markup of up to $50. TaxAct has partnered with Protection Plus to provide compr...
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Did You Offer Your Clients Bank Product Services Last Year?

Look out for our Bank Product Enrollment Email in early September! Want to continue offering your customers refund transfers and cash advances? Then it’s almost time to re-enroll in TaxAct® Professional Bank Products!1 (Yes, you must enroll every year — don’t worry, it won’t take long.) It’s easy to re-enroll, at no cost to you, and allows your clients to use tax-prep services without paying all the fees upfront.2 Here’s why you should re-enroll today: Free Software: Get free software if you file over 400 returns, each with a funded refund transfer.3 Incentives: Sign up for TaxAct...
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Tax Pros are Becoming the Number One Target of Identity Thieves

Tax Preparers are among some of the most targeted professionals when it comes to “identity thieves.” The amount of client information that you have access to is why you must take extra precautions to protect your clients' personal data. Per the IRS: “Their tactics: using email, the phone, or other means to trick you into giving up computer passwords, e-Services passwords, to steal your EFINs or CAF numbers or even to take remote control of your entire computer system." "Protecting client data also is the law. Federal Trade Commission regulations require professional tax preparers to create...
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Five Reasons Tax Professionals Should Offer Financial Planning

Five Reasons Tax Professionals Should Offer Financial Planning Sustainability is Key to a Tax Professional's Growth Growing a tax and accounting practice can seem daunting because of the 1:1 relationship between the income you earn and the hours you have put in to earn it. Unlike other small businesses that benefit from passive income streams and other economies of scale, the only way to really grow your tax practice is by adding more clients, which either requires even more hours from you or additional staff to take on the work. Either solution can come at a substantial cost, but there ...
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The 4 Things Your Pricing Should Include in 2022

The 4 Things Your Pricing Should Include in 2022 It’s time to stop giving away your time for free! Recently, we discovered that many of the customers we work with do not understand their worth as a tax professional. Because of this, so many are undercharging for their tax preparation services! According to the 2021 NATP Fee Study, 74% of tax professionals reported that the increased complexity of their work has directly impacted their profitability. What does this mean? It means you are not alone! Data also shows that “Per-Form,” and “Per-Hour” are no longer the best approach char...
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TaxAct Pro + TheTaxBook WebLibrary

Announcing that TaxAct Professional has Partnered with The Taxbook! Take advantage of a special discount on WebLibrary Plus from TheTaxBook. Now just $229 for TaxAct Professional customers (regular price $319). TaxAct Professional is teaming up with TheTaxBook to offer you an integrated tax research solution: WebLibrary Plus. What is WebLibrary Plus? WebLibrary Plus allows you to spend more time serving your clients and less time searching for tax-related information. It helps you find answers to complex questions with well-written and easy-to-understand explanations and examples. ...
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What’s New TY22 – Check out the Highlights

Now that TY21 is in the books, it’s not too soon to start thinking about TY22. We’ve been planning ahead and working to make our tax software even better. Now is your chance to lock in the savings* and check out the Highlights for TY22: E-signature Integration –Use electronic tax signing software to get everything signed and tracked from anywhere. No significant price increase — Same list price and discount as Q2 last year.* Bank products & Incentives – Claim $5 per Refund Transfer and offer clients CashAdvance for TY221 Expanded forms and e-file coverage – We...
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Exclusive Tools From TheTaxBook, For Tax Pros!

Exclusive Tools From TheTaxBook, For Tax Pros! We are excited to announce that we have partnered with TheTaxBook for extension season, TY22, and beyond! Now, TaxAct Professional is able to provide our pros with an award-winning tax research solution, at a discounted rate that is the lowest in the marketplace - $229. To give you a glimpse into just how beneficial this resource can be for your business, we’ve provided you with a free sample of their offerings. To download this content, simply complete the form below to access, compliments of TaxAct Professional and TheTaxBook. Interested in s...
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🚨 TaxAct Professional has partnered with The TaxBook

TaxAct Professional is now partnering with TheTaxBook to provide our customers with an easy-to-use research solution in & out of tax season. And, our rate is the lowest in the marketplace at $229. ❇️   Award-winning software ❇️   Tax information at your fingertips ❇️   Time-saving research ❇️   And more... Extension Season is the perfect time to take advantage of this new offer! Order TheTaxBook's WebLibrary Plus today, by giving our sales team a call at 319-536-3571. Happy researching!
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