Today, Intuit Inc. (Nasdaq: INTU) announced new updates coming to ProConnect Tax Online, their cloud-based professional tax preparation software, for Tax Year 2018. The enhancements include key tax reform updates, new workflow features for small to large firms, and a refreshed look and feel.
Tax Reform Ready
ProConnect Tax Online will be ready for tax reform changes, including updated tax calculations to reflect the new tax code, 1040 enhancements that reflect the new postcard-sized return and six additional schedules and an updated Tax Reform Impact Summary worksheet - a printable comparison specific to each client’s situation that can help preparers easily explain the impact of the 2018 law changes. Additionally, ProConnect Tax Online improved tax planner, a tool to help clients plan for the future by comparing tax implications across multiple years and scenarios.
Tax professionals are also invited to take advantage of Intuit’s recently updated Tax Reform Resource Center for tax reform news and tools, like the Qualified Business Income and Entity Selection Calculator and in-depth tax reform webinars, as they continue to prepare for the upcoming season.
ProConnect Tax Online Tax Year 2018 Updates
There are several new features and productivity enhancements coming in ProConnect Tax Online for Tax Year 2018, including:
About Intuit
Intuit’s mission is to Power Prosperity Around the World. Our global products and platforms, including TurboTax, QuickBooks, Mint and Turbo, are designed to empower consumers, self-employed and small businesses to improve their financial lives, finding them more money with the least amount of work, while giving them complete confidence in their actions and decisions. Our innovative ecosystem of financial management solutions serves approximately 50 million customers worldwide, unleashing the power of many for the prosperity of one. Please visit us for the latest news and in-depth information about Intuit and its brands and find us on social.