Tax software manufacturers predict that the impending election will fuel the tax prep market, as both presidential candidates propose significant changes to the Tax Code."The tax side of business will be brisk across the board regardless of the space they're playing in, because whoever becomes president will try to change the Tax Code, and change means more business," said Gene Goldenberg, senior vice president of marketing for CCH Small Firms Services, makers of ATX and TaxWise.
"When there's no significant change in the tax law from year to year, tax professionals will tell you that business dips a little. But as soon as there's a change, everybody rushes back to the professional," he said. "We're looking at a series of significant changes in the tax law during the next 12 to 18 months."
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