Product Updates

It is important that you update your software regularly. (Go to the Update menu and select Update Installed Products.)

After installing an update, we recommend that you view the ReadMe file. The ReadMe for each module contains information regarding issues to be aware of, tax legislation issues and more.

To view a ReadMe file, go to the Help menu and select Help Center. Under Technical Support, double-click ReadMe Information, and select the appropriate module.

• Online Support Knowledge Base
  Searching for answers in our Online Support Knowledge Base is quick and easy. Go to Online Support on our Web site. In the Search the Knowledge Base field, type your question or keyword, then click the Search button. Browse the list of possible answers on the search results page.
  
  If you are unable to find the answer to your question in the Knowledge Base, click the Still Need Help? button. Login to My ProSeries and follow the on-screen instructions. You can view Instant Answers, Email Support, Chat, or Call Us (you'll skip to the front of the phone queue).

To view more Support Options visit Online Support.

• TIP: Using the Access Rights Feature
  The Access Rights feature can be used to control access to the program and specific features within the ProSeries software. Use of the Access Rights feature is optional. If your firm elects to use the Access Rights feature, an Access Rights Administrator will need to be designated. View KB Article

ProSeries/1120 and 1120S

• Transfering a Prior Year 1120 Return into a Current Year 1120S Return
  ProSeries permits you to change entities from a corporation to an S corporation during the transfer of a prior year ProSeries/1120 client file to a current year ProSeries/1120S client file. View KB Article

ProSeries/1120, 1120S, 1065, 1041, 709, and 706

• User Guides for ProSeries Business Tax Software
  User guides for ProSeries business tax software can be found in the Help Center. Open a federal business tax return, from the Help menu, select Help Center. In the side bar, under Tax Return Help, click How To Use ProSeries... to open the user guide for that return type.

To view more General topics visit Online Support.

• March 16 - Important Filing Deadline
  Reminder, the filing deadline for 2008 calendar year corporation tax returns (Forms 1120, 1120A, and 1120S), or to request an automatic 6-month extension of time to file (Form 7004) is March 16, 2009.
  
  Generally, corporations must file by the 15th day of the 3rd month after the end of its tax year. If the due date falls on a Saturday, Sunday, or legal holiday, the corporation can file on the next business day.

ProSeries and ProSeries Basic Edition

• American Recovery and Reinvestment Act of 2009
  On February 17, 2009 President Obama signed the American Recovery and Reinvestment Act of 2009 into law. The 2008 ProSeries and ProSeries Basic individual tax programs and ProSeries business tax programs have been updated due to the passage of this bill. It is important that you download and install the latest updates. View KB Article
  
  
• New Tax Changes for 2009—and More on the Way
  This article is being shared in the midst of 2009 as most preparers are working on 2008 returns. But when you discuss clients’ 2008 returns with them, you will also want to point out any 2009 changes that will affect their tax plans. So here’s a quick look at the changes already on the books for 2009. View Tax Article



• Take Credit for More Profit (Limited Offer until March 31)
  Tax preparers can improve collecting for their tax work if they take credit cards, according to Intuit Payment Solutions. The Intuit group wants to help tax preparers make the 2009 tax season their most profitable yet, so they are announcing a special limited discount. View Tax Article

To view more Federal Tax topics visit Online Support.

• Deadlines for Retransmitting Rejected Corporation Returns
  The deadline for 2008 calendar year corporation tax returns (Forms 1120, 1120A, and 1120S), or to request an automatic 6-month extension of time to file (Form 7004) is March 16, 2009. Federal corporation electronically filed returns that are timely filed and rejected can be corrected and retransmitted by the later of the due date of the return or 20 calendar days from the date the rejection was issued by the IRS. View KB Article

To view more Federal E-File and Bank Products Software topics visit Online Support or EF Atlas.

• New Jersey Corporation, Schedule S, Line 11e Calculation Incorrectly Gives Section 179
  The calculation on New Jersey Form CBT-100, pg 14, Schedule S, line 11e and Form CBT-100S, pg 17, Schedule S, line 11e is incorrect when the taxpayer has more than $200,000 in current year assets and Section 179 is taken on the federal return. Line 11e is being reduced by the allowable New Jersey Section 179 maximum of $25,000, even though it was not allowed. View KB Article

ProSeries/Texas Franchise Tax

• Texas Franchise Tax Download Available Online
  The 2008 Texas Franchise Tax program includes new formatting standards established by Texas to enhance return processing. The new formatting standards have required special programming changes and created functionality in the Texas return that is different than what is commonly associated with ProSeries programs. To download and install this program go to the Update menu and choose Select and Download New Products. Verify that TX 1120 is checked and click Next. Follow the on-screen instructions. View KB Article

ProSeries/Texas Franchise Tax (2007 Fiscal Year)

• Texas Franchise Tax (2007 Fiscal Year) Download Available Online
  The 2007 Fiscal Year Texas Franchise Tax download is available online. To download and install the 2007 Fiscal Year Texas Franchise Tax program go to the Fiscal Year State Manual Downloads page, click Texas Fiscal Year Corp and follow the on-screen instructions. (The 2007 Federal Corporation software must be installed.)

To view more State Tax and State E-File topics visit Online Support or EF Atlas. Links to State Departments of Revenue.