With tax season over, now is the time for tax practitioners to tinker with different software to find a better fit for their practices. At the same time, vendors hope to get a head start on next season's sales by offering special summer season discounts and tryouts.Meanwhile, there is good reason for preparers to be open to new software solutions.
Both the American Jobs Creation Act of 2004 and the Working Families Tax Relief Act of 2004 contain changes to 2005 taxes, and a host of prospective changes await legislative action in the remainder of the year. These include possible elimination of the alternative minimum tax and permanent repeal of the estate tax. While changes are likely to be phased in, any legislation is sure to include add-ons as last-minute bargaining among conferees takes place.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access