Click here for detailed survey responses for TurboTax for Individual Consumer Use. (Opens in new window; click once to enlarge.) General Information Tax program name: TurboTax for Individual Consumer Use Vendor name: Intuit, Inc. Telephone (sales): 888-777-3066 E-mail (sales): Submitted via TurboTax.com website Website: www.TurboTax.com Number of users: Not disclosed
Featured Online Content for August 2010
FEATURED VIDEO In a video interview with the JofA, Sir David Tweedie shares thoughts on how the IASB and FASB can reconcile accounting for financial instruments. Tweedie, who is nearing the end of his term as chairman, also discusses how his successor’s job could be different. Also on journalofaccountancy.com, read
2010 Tax Software Survey: TaxACT 2010 Preparer’s 1040 Edition
Click here for detailed survey responses for TaxACT 2010 Preparer’s 1040 Edition. (Opens in new window; click once to enlarge.) General Information Tax program name: TaxACT 2010 Preparer’s 1040 Edition Vendor name: 2nd Story Software Telephone (sales): 800-573-4287 or 319-265-6500 E-mail (sales): support@taxact.com Website: www.taxact.com Number of users: N/A Pricing
2010 Tax Software Survey: TaxSimple
Click here for detailed survey responses for TaxSimple. (Opens in new window; click once to enlarge.) General Information Tax program name: TaxSimple Vendor name: TaxSimple, Inc. Telephone (sales): 973-989-8955 E-mail (sales): sales@taxsimple.com Website: www.taxsimple.net Number of users: N/A Pricing Price on Federal 1040 (new customers): $725 Increase from last
2010 Tax Software Survey: GoSystem Tax
Click here for detailed survey responses for GoSystem Tax. (Opens in new window; click once to enlarge.) General Information Tax program name: GoSystem Tax Vendor name: Thomson Reuters Telephone (sales): 800-968-8900 E-mail (sales): CS.Sales@ThomsonReuters.com Website: CS.ThomsonReuters.com Number of users: More than 60,000 individual users Pricing Price on Federal 1040 (new
2010 Tax Software Survey: Individual Product Information and Responses
The JofA and The Tax Adviser surveyed our readers to determine what they liked and did not like about their tax preparation software. The survey was conducted in May 2010 and received 12,018 responses. Below are results showing how many respondents used each product. Then the detailed responses for each product are presented,
2010 Tax Software Survey: ATX
Click here for detailed survey responses for ATX 1040. Click here for detailed survey responses for ATX MAX. (Opens in new window; click once to enlarge.) General Information Tax program name: ATX Vendor name: CCH Small Firm Services Telephone (sales): 888-455-0183 E-mail (sales): sales@atxinc.com Website: www.atxinc.com Number of users: 35,000
2010 Tax Software Survey: TaxWorks
Click here for detailed survey responses for TaxWorks. (Opens in new window; click once to enlarge.) General Information Tax program name: TaxWorks Vendor name: REDGEAR Technologies Telephone (sales): 1-800-230-2322 E-mail (sales): sales@taxworks.com Website: www.taxworks.com Number of users: 8,310 Pricing Price on Federal 1040 (new customers): $1,395 Increase from last
AICPA Alert for Auditors of Nonpublic Broker-Dealers
Editor’s note: This alert was compiled by Teighlor S. March, J.D., Senior Manager, Legal, Legislative & Regulatory Affairs for the AICPA. On July 15, 2010, a PCAOB Standing Advisory Group meeting was held in Washington, D.C., to discuss various current topics, including the issue of PCAOB oversight and inspection over
2010 Tax Software Survey: Intuit ProLine Tax Online Edition
Click here for detailed survey responses for Intuit ProLine Tax Online Edition. (Opens in new window; click once to enlarge.) General Information Tax program name: Intuit ProLine Tax Online Edition Vendor name: Intuit, Inc. Telephone (sales): 888-236-9501 E-mail (sales): APD_Sales@intuit.com Website: http://proadvisor.intuit.com/product/more-products-solutions/tools/tax-online-edition.jsp Number of users: Not disclosed Pricing Price on
2010 Tax Software Survey: ProSystem fx Tax
Click here for detailed survey responses for ProSystem fx Tax. (Opens in new window; click once to enlarge.) General Information Tax program name: ProSystem fx Tax Vendor name: CCH, a Wolters Kluwer business Telephone (sales): 800-739-9998 E-mail (sales): sales@prosystemfx.com Website: CCHGroup.com Number of users: 250,000+ Pricing Price on Federal 1040
2010 Tax Software Survey: UltraTax CS
Click here for detailed survey responses for UltraTax CS. (Opens in new window; click once to enlarge.) General Information Tax program name: UltraTax CS Vendor name: Thomson Reuters Telephone (sales): 800-968-8900 E-mail (sales): CS.Sales@ThomsonReuters.com Website: CS.ThomsonReuters.com Number of users: 20,000+ firms Pricing Price on Federal 1040 (new customers): $2,375
2010 Tax Software Survey: ProSeries
Click here for detailed survey responses for ProSeries. (Opens in new window; click once to enlarge.) General Information Tax program name: ProSeries Vendor name: Intuit, Inc. Telephone (sales): 800-934-1040 E-mail (sales): APD_Sales@intuit.com Website: http://proseries.intuit.com Number of users: N/A Pricing Price on Federal 1040 (new customers): $1,499 Increase from last
2010 Tax Software Survey: TaxWise
Click here for detailed survey responses for TaxWise. (Opens in new window; click once to enlarge.) General Information Tax program name: TaxWise Vendor name: CCH Small Firm Services Telephone (sales): 1-888-455-0182 E-mail (sales): sales@TaxWise.com Website: www.TaxWise.com Number of users: 13,000 tax businesses Pricing Price on Federal 1040 (new customers): Power
2010 Tax Software Survey: CrossLink 1040
Click here for detailed survey responses for CrossLink 1040. (Opens in new window; click once to enlarge.) General Information Tax program name: CrossLink 1040 Vendor name: Petz Enterprises, Inc. Telephone (sales): 800-345-4337 E-mail (sales): sales@petzent.com Website: www.CrossLinkTax.com Number of users: N/A Pricing Price on Federal 1040 (new customers): $995
TIGTA Finds IRS Doesn’t Always Protect Taxpayers, Follow Rules When Filing Liens
A report issued by the Treasury Inspector General for Tax Administration (TIGTA) says the IRS does not always follow legal requirements when issuing liens and lien notices. The report also concludes that, as a result, action is needed to protect taxpayer rights during the lien process. A federal tax lien
IRS Provides Relief for Small Tax-Exempt Nonfilers
The IRS announced that is providing relief for small tax-exempt organizations that are supposed to automatically lose their tax-exempt status because they failed to file Forms 990-EZ or 990-N for the years 2007, 2008 and 2009. Under a special one-time program, the IRS is giving those organizations until Oct. 15
Appeals Court Overturns Taxpayer Win in Tax Shelter Case
The U.S. Court of Appeals for the Tenth Circuit has held that a taxpayer’s investment in a “Son of BOSS” tax shelter lacked economic substance and therefore did not generate deductible losses (Sala, No. 08-1333 (10th Cir. 7/23/10)). This holding reverses a rare taxpayer win on the issue of Son
JofA Wins 2010 Tabbie Awards
The JofA’s website, journalofaccountancy.com, won the silver award for “Best B2B Website” in the 2010 Tabbie Awards competition, presented by Trade, Association and Business Publications International (TABPI). Two JofA articles also were honored in the “How-To” and “Technical” article categories. The awards program, which recognizes excellence in editorial content and
IRS Proposes PTIN Fees
The IRS proposed (REG-139343-08) Thursday to begin charging all authorized tax preparers a $50 user fee to obtain or renew annually a preparer tax identification number (PTIN). The fee would be on top of a “reasonable fee” charged by a third-party vendor that will administer the application and renewal process.
Features
FROM THIS MONTH'S ISSUE
AI risks CPAs should know
Are you ready for the AI revolution in accounting? This JofA Technology Q&A article explores the top risks CPAs face—from hallucinations to deepfakes—and ways to mitigate them.
