Intuit Launches Tax Pros’ Guide to ACA

Intuit has unveiled “Understanding the Affordable Care Act,” a free online resource to help tax professionals understand and prepare for the tax implications of health-care reform.

The guide was created in response to a recent poll by Intuit that revealed that less than 7% of preparers feel “very prepared” to handle tax changes related to the ACA.

“After speaking with dozens of tax preparers, it became clear to us that professionals will bear much of the burden when it comes to educating tax filers on how the reform might affect their taxes during this upcoming tax season,” said CeCe Morken, general manager of Intuit’s Professional Tax Group.

In addition to outlining the key implications of the ACA on taxes, the guide includes checklists for tax professionals, as well as a consumer guide for individual taxpayers and small-business owners, addressing how the ACA affects individual tax situations, which new forms taxpayers need to look for, and the documentation that professionals need to complete 2014 returns.

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