UltimateTax, a leader in tax preparation software, announces a major advancement for the 2024 tax season: the integration of Partnership (1065) and S-Corporation (1120S) forms into its online platform. This move represents a milestone in the company’s ongoing mission to fully integrate tax forms for both its trusted desktop and online tax software solutions.
Mike Steele, UltimateTax CEO, shared: “We are excited to announce that we have taken a large step forward in helping tax professionals be more effective during tax season. With the addition of the 1065 and 1120S packages, professionals will benefit from streamlined processes, state filing capabilities, and automatic updates, eliminating the need for manual installations. This shift not only increases mobility but also dramatically improves efficiency, especially for those requiring S corp tax software.”
One of the standout features of this update is the seamless K-1 import functionality. Tax professionals can now directly import data from K-1 forms into personal client returns, eliminating time-consuming manual entries and reducing errors. Steele added, “This improvement will not only benefit our users but also enhance the support we provide, making the tax preparation process smoother for everyone involved.”
The addition of these packages also marks a new era of accessibility. Previously, corporate returns required Windows-based desktop installations with manual updates. With the 1065 and 1120S forms now fully online, tax professionals using Mac systems can prepare these corporate returns with ease for the first time.
This enhancement aligns with UltimateTax’s ongoing commitment to innovation and responsiveness to its users’ needs. The company is steadily moving closer to offering a completely online tax preparation experience while maintaining the intuitive, cost-effective software that has made it a trusted name in the industry.
Tax professionals can explore the new features and see how UltimateTax’s professional filing solutions can revolutionize their workflow by visiting www.UltimateTax.com.
About UltimateTax Service, Inc.
UltimateTax Service, Inc. is a distinguished provider of top-quality tax software solutions with year-round support for tax professionals. Their proven track record for offering personalized and responsive services dates back to 2006.
