Tax & Accounting Blog

You’re More Than Just a Tax Preparer: UltraTax CS Webinar

You’re More Than Just a Tax Preparer: UltraTax CS Webinar

You’re more than just a tax preparer—you’re the expert on what your clients need. And no one can appreciate this more than your peers. That’s why we’re hosting a free webinar where fellow practitioners will share why they chose to switch to Thomson Reuters UltraTax CS to improve their workflow—and how they save … Read More

What You Need to Know About President Obama’s 2017 Budget Proposal

What You Need to Know About President Obama’s 2017 Budget Proposal

It’s time for President Obama’s 2017 budget proposal. This is his last budget proposal and, while not much is new, there are several items that directly affect payroll and payroll departments. The concern is that some items will pass, if they get proposed enough times. Here are the items that will keep payroll professionals up … Read More

Important Information about Affordable Care Act Forms

Important Information about Affordable Care Act Forms

On December 28, 2015, the IRS granted an extension to insurers, self-insuring employers, other coverage providers and applicable large employers for providing the new health care information reporting forms in 2016. These groups now have additional time to provide the following 2015 health coverage forms to individual taxpayers and the IRS. 1095-B, Health Coverage (includes … Read More

States Implement New Identity Verification Requirement for E-Filed Tax Returns

States Implement New Identity Verification Requirement for E-Filed Tax Returns

In the ongoing effort to combat widespread identity theft and the fraudulent filing of tax returns, many states will now require taxpayers to provide a new piece of personal identification: their driver’s license number (DLN). Some states may also request related information, such as the issuing state, date of issue and expiration date. As a … Read More

eSignature Reminder Frequency

eSignature Reminder Frequency

With the release of 2015 UltraTax CS®, you can now configure reminder notifications and expiration dates for eSignature forms and letters. You can change how frequently your client receives reminder notifications about electronically signing their bank account verification, consent forms, engagement letters, and Forms 8879, 8878 and 114a. In addition, you can control the … Read More