End of Season Filing Deadlines

With the end of season filing deadlines fast approaching, we want to remind you that Lacerte offers a variety of support options. Many of these options can be accessed from within Lacerte or online.

Next time you have a question, ask Intuit's Virtual Agent (IVA), Live Community, or Live Chat. You can choose the support option that's right for you.

Click the links below to find answers to popular questions Lacerte customers ask this time of year:

• September 15, 2010 - IRS Filing Deadline for Calendar Year Partnership, Corporation, and S Corporation Returns on Extension
• October 15, 2010 - IRS Filing Deadline for Individual Returns on Extension
• Amending an Individual Income Tax Return (Form 1040X)
• Checking E-File Status in the Lacerte Tax Program
• Renewing Your Order Online

Have a question that doesn't appear in this newsletter? Visit Lacerte Online Support to search our knowledgebase, ask IVA, browse FAQs, or view hot topics.

New IRS e-Filing Requirements

IRS tax year 2010 e-file mandate requires all tax preparers who anticipate filing 100 or more federal individual or trust tax returns to e-file. If you will begin e-filing as part of the IRS e-file mandate, apply for your Electronic Filing Identification Number (EFIN) now. The process can take 45 days or more, so apply now to ensure you are ready in January. If you already have an EFIN, verify it is active and up to date. Read Article

New IRS Requirements for Federal Tax Return Preparers

Beginning in 2011, tax return preparers who prepare all, or substantially all, of a Federal tax return (for compensation) will be subject to new requirements. Read Article

IRS Issues Guidance Explaining 2011 Changes to Flexible Spending Arrangements

On September 3, 2010, IR-2010-95, the IRS issued guidance reflecting statutory changes regarding the use of certain tax-favored arrangements, such as flexible spending arrangements (FSAs), to pay for over-the-counter medicines and drugs... For more information, visit the IRS Website.

IRS Removes Debt Indicator for 2011 Tax Filing Season

On August 5, 2010, IR-2010-89, the IRS announced that starting with next year’s tax filing season it will no longer provide tax preparers and associated financial institutions with the “debt indicator,” which is used to facilitate refund anticipation loans (RALs)... For more information, visit the IRS Website.

IRS Offers One-Time Special Filing Relief Program for Small Charities; October 15 Due Date to Preserve Tax-Exempt Status

On July 26, 2010, IR-2010-87, the IRS announced that small nonprofit organizations at risk of losing their tax-exempt status because they failed to file required returns for 2007, 2008 and 2009 can preserve their status by filing returns by October 15, 2010, under a one-time relief program... For more information, visit the IRS Website.

What’s New for 2010 Lacerte

Thanks to your feedback, we've already started working on 2010 enhancements. For 2010, we're expanding the number of business states you can e-file, plus federal fiduciary returns. We're also adding the most requested forms, including single member LLC in certain 1040 states, plus many more of the regional forms you need. Read Article

Bank Product Update

Republic Bank will no longer be a supported bank for Lacerte in tax year 2010. The new integrated bank processor for Lacerte will now be Refund Advantage. Refund Advantage will offer a full suite of bank products including RALs. Please visit the Refund Advantage Website for more information and to enroll.

Installing Lacerte on a New Computer

Are you considering buying a new computer or upgrading your operating system? If so, you may find the topics listed below helpful. Click the link for the article you'd like to read:

• Installing Lacerte on a New Computer
• Transferring Lacerte From Windows XP to Windows 7
• Migrating Lacerte From Standalone Installation to Network Installation
• Backup Client Files Using the Lacerte Program
• Backup Client Files Manually

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