Wednesday, December 16, 2015

2015 Quick Refund Estimator Available!

Refunds Today is proud to announce the release of the 2015 Quick Refund Estimator.  This time saving tool will allow you to prepare an estimate of your client's anticipated refund in just seconds!!!! 
This product is included with all Plus and Premier software packages and is available NOW. For those in the Basic or Standard packages, a trial version is also available.  To download the 2015 Quick Refund Estimator, full or trial version, login to the Refunds Today website at www.refundstoday.com and click on the Downloads section. You'll find the appropriate download link in the Other Module Updates section in the Left pane.

Below are a few outstanding features of the Refunds Today Quick Refund Estimator:

• Updated to reflect current tax law changes.
• Simply enter: filing status, number of dependents, W-2 information, and Health Insurance information.
• The Quick Refund Estimator calculates: 2015 estimated Federal Tax, Child Care Credit, Child Tax Credit, EIC, Additional Child Tax Credit, Additional Medicare Tax, Net Investment Income Tax, Self-Employment Tax, Estimated Federal Refund and even EIC Combat pay.
• Estimates Health Insurance Penalty for households without health insurance coverage for 2015 and 2016.
• Provides a client letter concerning the estimated federal tax and includes a liability disclaimer to be signed by the client or prospective client.
• Good for computing estimates and for double-checking the accuracy of tax return entries into the Refunds Today Software.

New in 2015

• Additional health care penalty calculations visible on Main screen
• Healthcare penalty screen now allows calculations based on the number of months without coverage instead of assuming no coverage for the entire year. 
• Healthcare penalty carries from the worksheet and is now included as part of the refund / balance due
• Client letter updated and reorganized

If you don't have the Plus or Premier package, you can purchase the 2015 Quick Refund Estimator for as little as $50.  Better yet, we'll let you "Try it before you buy it" with our Trial Version download (see above). Once you reach the maximum number of trial estimates, you will be provided with a link that will allow you to purchase and download the FULL unlimited version of the Refunds Today Quick Refund Estimator. Or, at any time, you can logon to the Refunds Today website at www.refundstoday.com and click on 2015 Catalog to purchase.   


If you have any questions or any issues with downloading the 2015 Refunds Today Tax Estimator, please do not hesitate to contact Refunds Today at 323-261-0240

Deadline Approaching for Voluntary IRS Registration

As you already know, the IRS has launched a new program that promotes the importance of education and filing season preparedness. The Annual Filing Season Program (AFSP) has had a HUGE response from the Tax Professional community regarding this education and certification, much more than originally expected. Those who complete the required amount of continuing education credits, covering such topics as ethics, tax law updates, federal tax law, and tax filing issues, and pass a comprehensive test, will receive a "Record of Completion" AND be listed in a database on the IRS website.  The deadline to complete this course is 12/31/2015.  Don't be the only preparer in your area not to be listed on the IRS website!

Tax Professionals who elect to participate in the program would receive the following benefits:
  • The IRS will issue a "Record of Completion" once all requirements are fulfilled.
  • Inclusion in the "Directory of Federal Tax Return Preparers with Credentials and Select Qualifications" on the IRS.gov website to help taxpayers determine return preparer qualifications.
  • Beginning January, 2016, only non-credentialed tax return preparers who have a record of completion under the Annual Filing Season Program will be permitted to represent taxpayers before the IRS during an examination of a return that they signed or prepared.
Refunds Today has created an IRS approved AFSP course which covers all required topics to comply with the new IRS education platform.  Simply login to the Refunds Today website at www.refundstoday.com, click on the 2015 Catalog tab and select IRS AFSP Continuing Education under the Tax Education section. Our Full IRS AFSP Continuing Education Course is only $99.

For more information regarding this new program, please click on the following link that will direct you to the IRS website.
http://www.irs.gov/Tax-Professionals/Annual-Filing-Season-Program

If you have any questions about the AFSP course or our offering, please contact your Sales Executive at 877-334-5366.

Bank Modules are Available

All Bank Modules for 2015 are now available for download.

Refunds Today recommends you download and install these updates as soon as possible.
You may download the update from the Refunds Today secure website at www.refundstoday.com.
  • Login with your user name (office number) and password then click on “Downloads”
  • In the Left Pane select “Other Module Updates” and then choose Your Bank Module to begin the download
Should you have any questions or need assistance please do not hesitate to contact a Refunds Today Customer Support Representative at 323-261-0240.