As tax professionals prepare for the 2024 tax season, staying informed, organized, and equipped with the right tools is crucial for success. Whether you’re an independent tax preparer or part of a larger tax firm, leveraging industry resources can help streamline workflow, improve client service, and ensure tax compliance.

Below are some of the most valuable resources tax preparers should utilize in 2025.

1. Stay Updated on Tax Law Changes

The tax landscape is constantly evolving, making it essential for preparers to stay ahead of the latest IRS regulations, tax code changes, and compliance requirements. Some key ways to stay updated include:

  • IRS Tax Law Updates – Keep up with changes that impact federal and state tax returns.
  • 2024 Tax Deadlines & Filing Dates – Avoid late filings by tracking important tax deadlines.
  • Continuing Education (CE) for Tax Preparers – Attend IRS-approved tax training sessions to maintain compliance and expertise. TaxAct has an education that can provide you with valuable training and best practices.

 

2. Client Management & Engagement Strategies

Building strong client relationships is just as important as preparing accurate tax returns. To improve client satisfaction in 2024, consider:

  • Best Tax Software for Client Communication – Use secure portals for document sharing and real-time messaging.
  • How to Use eSignature for Tax Returns – Speed up client approvals while ensuring legal compliance.

 

 

3. Tax Security & Compliance Best Practices

With rising concerns over data breaches and identity theft, protecting client tax data should be a top priority. To ensure tax security, follow these guidelines:

  • IRS Data Security Tips for Tax Preparers – Follow IRS Publication 4557 for best practices on cybersecurity compliance.
  • How to Secure Tax Documents Online – Learn how to store sensitive client tax information safely.
  • Using Multi-Factor Authentication for Tax Software – Add an extra layer of protection against unauthorized access.

 

4. Choosing the Best Tax Software & Preparation Tools

Selecting the right tax preparation software is crucial for efficiency and accuracy. Consider:

  • Cloud-Based vs. Desktop Tax Software: Which is Better? – Compare the benefits of cloud access vs. offline security.
  • Top Features to Look for in Tax Software – Ensure your software includes e-filing, real-time error checks, and IRS compliance tools.
  • Integrated E-File Systems for Faster Returns – Speed up processing and reduce rejections with built-in compliance checks

 

Final Thoughts

Tax preparers who stay informed, use trusted resources, and implement best practices will gain a competitive edge.

By leveraging continuing education, marketing strategies, and secure tax software, you can enhance client satisfaction, reduce errors, and build a successful tax practice.

Looking for more guidance? Explore TaxAct Professional and contact us for more information

Disclaimer: “This article is for informational purposes only and not legal or financial advice. All TaxAct offers, products and services are subject to applicable terms and conditions