ProSeries/1120, 1120S, 1065, and 1041

• Tax Year 2007 Downloads Now Available Online
  The downloads for tax year 2007 ProSeries/1120, 1120S, 1065, and 1041 are now available online. We anticipate that the CD will begin shipping on December 27, 2007.
  
  
• How to Download and Install Products and Updates
  If you already installed tax year 2007 ProSeries/1040, you can easily download your 2007 ProSeries business tax software from within the 2007 program. Go to the Update menu and choose Select and Download New Products. Learn more

ProSeries Basic/1040

• Tax Year 2007 ProSeries Basic/1040 Is Now Available Online
  The download for tax year 2007 ProSeries Basic/1040 is now available online. We anticipate that the CD will begin shipping on December 28, 2007.
  
  
• TIP: Download Next Year's ProSeries Product Feature
  If you are connected to the Internet, you can use the "Download Next Year's ProSeries Product" feature within your 2006 ProSeries Basic/1040 program to easily download and install the first tax year 2007 ProSeries Basic/1040 product. Learn more

ProSeries Customers

• ProSeries Technical Support Telephone Routing Options
  You spoke and we listened! On December 18, 2007, the ProSeries Technical Support telephone routing options will be changing to better meet your needs. Learn more
  
  
• ProSeries Training
  Have you registered for a ProSeries Beyond the Basics webinar? The Beyond the Basics webinar helps ensure you understand how to use HomeBase and the Letter, among other things, to better manage your practice through the season. Learn more and register

View a complete list of General topics.

• Alternative Minimum Tax (AMT)
  Congress is currently considering legislation that includes a one year AMT patch (increase exemptions, allow personal credits to offset AMT) for 2007. A bill is expected to pass before year end.
  
  We are closely monitoring Congressional and IRS activity with respect to this proposed legislation, and will adjust and communicate the upcoming release schedules accordingly. Learn more

ProSeries 1040 Complete, PowerTax Lite, and PowerTax Library

• New ProSeries Client Advisor and Client Presentation features will become available in late-January
  The launch of the new ProSeries Client Advisor and Client Presentation features were originally scheduled for late December. They are now scheduled to become available to download in late-January.

View a complete list of Federal Tax topics.

• Electronic Filing Identification Number
  Reminder, all ProSeries users must have an Electronic Filing Identification Number (EFIN) to e-file tax returns. To receive an EFIN, you must register with the IRS by completing Form 8633, Application to Participate in the IRS e-file Program, at least 45 days before you want to start e-filing returns. If you do not have an EFIN, you can register online using e-services on the IRS Web site.
  
  If you already have an EFIN, your Form 8633 should include all types of tax returns you will be e-filing. You can revise your application on the IRS Web site.

Santa Barbara Bank & Trust Users

• Santa Barbara Bank & Trust (SBBT) Registration Deadlines
  If you plan to offer bank products through Santa Barbara Bank & Trust (SBBT), please be aware of the following upcoming deadlines for submitting an Electronic Return Originator (ERO) enrollment application to SBBT:
  • January 4, 2008 - ERO's new with SBBT, but have prior bank products experience.
  • March 3, 2008 - ERO's with prior SBBT bank products experience.
  ERO's submitting an enrollment application to SBBT after the appropriate due date, will not be able to submit RALs and RTs until SBBT has completed approval of the application. Learn more

Republic Bank Users

• Republic Bank Will Stop Accepting Applications on December 21
  If you plan to offer bank products through Republic Bank, you need to submit your Electronic Return Originator (ERO) application to Republic Bank by 11:59 p.m. (ET) on December 21, 2007, if you have not already done so. Republic Bank will stop accepting ERO applications for the 2007-2008 tax season after this date. Learn more

View a complete list of Federal Electronic Filing and Bank Products Software topics.

• State Web Sites
  Links to State Tax Departments (Departments of Revenue) Web sites.

View a complete list of State Tax and State Electronic Filing topics.

If you have any questions or comments about this newsletter, please contact a ProSeries agent through the e-mail support feature located in the My ProSeries section of the ProSeries Web site.

© 2007 Intuit Inc. All rights reserved. Intuit, the Intuit logo and ProSeries, among others, are registered trademarks of Intuit Inc. in the United States and other countries. Other parties' trademarks and service marks are the property of their respective owners and should be treated as such.