Tax Preparer Blog

UltimateTax Blog

Debunking 7 Tax Myths For Your Clients

Debunking 7 Tax Myths For Your Clients

Let's be honest. The average taxpayer will never read the tax code. They will likely rely on a professional tax preparer like you, using good tax preparation software, to guide them. Otherwise, they're getting tax advice from family, friends, or worse, a social...

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Essentials To Start Your Own Tax Preparer Business

Essentials To Start Your Own Tax Preparer Business

Are you looking for a new side hustle or business venture? Regardless of your goals for increasing your income, starting a tax preparer business can be both lucrative and satisfying. Why Choose A Tax Business? There are several reasons a tax business might be the best...

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5 Key Features You Want For Your Tax Business Software

5 Key Features You Want For Your Tax Business Software

Selecting tax preparation software for your business is critical in ensuring profitability and success. Quality software will help you deliver accurate returns on time, offer great support, and be easy to navigate. Anything less could cost you business. Here is a list...

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7 Frequently Asked Questions About EFINs

7 Frequently Asked Questions About EFINs

When filing taxes, you would typically use your social security number to file your taxes as an individual. However, when preparing taxes for other people or business entities, you need a specific number to identify yourself as a tax preparer instead of a taxpayer....

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What Is the IRS 1040-X Form? All You Need To Know

What Is the IRS 1040-X Form? All You Need To Know

Understanding the IRS 1040-X form is essential for taxpayers who need to make changes or corrections to their previously filed tax returns. This form, also known as the amended U.S. Individual Income Tax Return, plays a crucial role in rectifying errors, claiming...

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Recent Posts

Considering Making The Switch To New Pro Tax Software?

For years, tax software was so complicated it took months to learn it. Few people wanted to switch, even if unhappy with their service because they'd have to learn a new system all over again. However, there are many user-friendly paid tax preparer software if you...

7 Tips To Prep Your Office For A Calmer Tax Season

With tax season fast approaching, it's time to prepare for your busiest time of year. Waiting until February or March to get your office ready for the influx of clients will leave you overworked, frazzled, and unable to meet demand. So, how do you prepare your office...

How To Go Paperless And Keep Your Tax Clients Happy

We've been transitioning into a paperless society for over twenty years, yet we have more paper now than before. Although scanning technology and computer storage were available, the process needed to be more precise, safer, and easier to manage for clients who...

The Pros And Cons Of Bundling Tax Services

New trends in the tax industry sometimes give the companies at the forefront an advantage over their competitors. However, blindly following trends can get you in over your head and ruin your business if you don’t consider the ramifications and go about it correctly....