What’s new with ProSeries

What’s new: ProSeriesTax 2024

We’re dedicated to continuously improving the overall quality of your tax software to help you have a better tax year. From key workflow tool improvements to the most comprehensive e-filing library you can count on ProSeriesto help make tax work easier and more efficient.

New Features: Bringing easy to use, time savings to customers! 

Consolidated K-1 

Conveniently print the entire K1 for multiple partners with multiple states in just one click and save yourself from the time consuming task of printing and merging individual K-1 copies. Or, make the process even smoother by selecting specific partners. This new feature is ideal for preparers who frequently handle a lot of K1 packages for clients. 

Automated ERO Signature

Fully automated eSignature. ERO signatures will be automatically generated and printed on the 8879 starting in tax year 2024. You no longer need to waste your valuable time manually printing, signing and scanning 8879s. Best of all you can rest easy knowing that automated ERO signatures are accepted as a valid signature method by the IRS. 

Cryptocurrency support

If your clients trade or exchange cryptocurrencies, they may owe taxes. Now, ProSeriesenables you to import your clients’ taxable cryptocurrency activities to the 1099-B worksheet from a csv file.

Time tracker

Predict and engage your staff more efficiently with ProSeries’ new  time tracker. Based on historical data, ProSeries will predict how much time each return might take to complete and how much time is remaining, to help you track your firm’s progress and manage staff as needed. 

Revise eSignature Envelope

Revise an eSignature request you’ve already sent a client without voiding the request. Learn more

New forms and filing types

Looking for specific forms or filing types? A final list will be available by November and reflected in our online forms finder tool. Use our online forms finder

Partnership Integrations: 

Protection Plus Business Returns

Now you can cover both your individual and business return clients with Protection Plus. Dedicated EAs and CPAs will provide your business clients (1065, 1120, 1120-S) with the same notice and audit resolution services that saves you time from waiting on hold with the IRS or dealing with the tedious back and forth from state entities. As a bonus, Protection Plus comes with identity theft restoration services in the event that your client falls victim to identity theft.  Learn more on our website.

Quick Employer Forms Accountant

Under the new IRS rules, filers of 10 or more returns of certain files (including W2 and 1099s) for a calendar year generally will need to file electronically with the IRS. Previously, electronic filing was required if the filing was more than 250 returns of the same type for a calendar year. With Quick Employer Forms Accountant, you can create and e-file an unlimited number of W-2s and 1099s for your clients’ employees and contractors. You can e-file and print forms within a business and across multiple businesses individually and in bulk. It supports Forms W-2, 1099-NEC, 1099-MISC, 1099-INT, and 1099-DIV. You’ll also get W-3 & 1096 forms for your records automatically. Learn more on our website

Intuit Select Pro Staffing

Find staff easily with this new outsource provider program. We’ve partnered with credentialed hiring solution providers so you don’t have to. These providers will match you with expert outsourced staff trained that are already on your software, so you can grow your business the way you want with staff custom fit for your firm. Learn more on our website

SmartVault

SmartVault is a secure online file sharing and document storage program that offers unlimited data storage capabilities so that you can store and access documents safely in the cloud. Get features built for business, including selective sharing, group security management, custom templates, audit reporting and a robust view in browser capability. Plus, create a custom-branded client portal to access, manage, and securely share all your files and documents. SmartVault integrates seamlessly with ProSeries, creating a seamless, interconnected workflow that allows you access files from any computer, browser, or mobile device anywhere, at anytime. Learn more on our website.

For more updates on ProSeries, visit ProSeries Tax News and Updates.