Intuit Launches Comprehensive Guide to Help Tax Professionals Prepare for Affordable Care Act Tax Changes

PLANO, Texas--(BUSINESS WIRE)--

Intuit Inc. INTU, maker of Intuit Tax Online®, ProSeries® and Lacerte®, the nation's leading tax software for tax professionals, launched Understanding the Affordable Care Act, a free online resource to help tax professionals understand and prepare for the tax implications brought about by health care reform. This comprehensive guide was created in response to a recent poll by Intuit, which revealed that less than 7 percent of tax preparers feel “very prepared” to handle tax changes related to the Affordable Care Act.

“After speaking with dozens of tax preparers, it became clear to us that professionals will bear much of the burden when it comes to educating tax filers on how the reform might affect their taxes during this upcoming tax season,” said CeCe Morken, General Manager of Intuit's Professional Tax Group. “We hope that with the help of this resource, every tax professional in America will feel confident and prepared to effectively communicate the tax implications of the ACA to their clients.”

In addition to outlining the key implications of the ACA on taxes, the guide includes both checklists for tax professionals as well as a consumer guide for individual taxpayers and small business owners, helping to address:

• How the ACA affects individual tax situations
• Which new forms taxpayers need to look for
• Documentation that tax professionals need in order to complete 2014 tax returns

The release of Understanding the Affordable Care Act comes on the heels of Intuit's Tax Year 2014 Impact of the Affordable Care Act, a series of educational seminars and webinars for tax professionals across the country.

To access the guide and download its free resources, visit https://accountants.intuit.com/health/.

About Intuit:

Intuit Inc. creates business and financial management solutions that simplify the business of life for small businesses, consumers and accounting professionals.

Its flagship products and services include QuickBooks®, Quicken® and TurboTax®, which make it easier to manage small businesses and payroll processing, personal finance, and tax preparation and filing. Mint.com provides a fresh, easy and intelligent way for people to manage their money, while Demandforce® offers marketing and communication tools for small businesses. ProSeries® and Lacerte® are Intuit's leading tax preparation offerings for professional accountants.

Founded in 1983, Intuit had revenue of $4.2 billion in its fiscal year 2013. The company has approximately 8,000 employees with major offices in the United States, Canada, the United Kingdom, India and other locations. More information can be found at www.intuit.com.