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TaxACT Press Release - September 1, 2005

2nd Story Software, Inc. Announces The Introduction Of Its Newest Preparer's Edition: Form 1120 US Corporation Income Tax Return

Expand your tax practice with TaxACT's Preparer's 1120 Edition!

Cedar Rapids, IA - September 1, 2005 - 2nd Story Software®, Inc., developers of TaxACT®, America's most trusted value-priced tax preparation software line, announces the introduction of its newest TaxACT Preparer's Edition - 1120 C-Corporation.

TaxACT Preparer's 1120 Edition Offers Content & Value

Professionals can prepare their clients' corporation returns with the same ease, reliability and affordability they have come to expect from the TaxACT preparer's line of products. For the special introductory price of just $79 (regularly $99), TaxACT Preparer's 1120 Edition can be purchased on CD-ROM, or as an online download. Better still, the TaxACT Preparer's 1120 Edition user interface expedites a preparer's learning curve and allows data to be entered swiftly into forms, thus, ensuring returns are completed with ease. Intuitive Icons across the top of the interface simplifies moving between key functions of the program. Browser-like forward and back buttons permit users to skip ahead or move back through a return.

The 1120 module contains numerous features such as:

  • The ability to print an unlimited number of paper returns FREE;
  • Multiple preparer support;
  • Preparer summary & instruction letters;
  • An invoicing utility to set-up pricing by form;
  • Powerful analysis reports;
  • Label printing and management reports for monitoring client fees, billing and types of returns prepared;
  • A practice summary report and contact / mail list manager; and,
  • Much more!

Also New to TaxACT for the 2005 Tax Season

From price to performance - there is no comparison! So, what else can TaxACT preparers expect during the '05 season? In addition to introducing the Preparer's 1120 Edition, other major advances include the rollout of 1120S e-file; and, newly forged banking relationships. Now, TaxACT preparers have even greater access to a host of banking products and services designed for tax professionals.

TaxACT's Service & Support for Preparers

TaxACT's service and support is top in the industry - offering free customer support through the Service and Support Center, e-mail, or by calling a toll-phone number. The Service and Support Center available on the Web provides its users with tutorials, product demos, downloadable updates to the programs, FAQs and product release dates.

Try TaxACT FREE

Preparers interested TaxACT may receive a full-functioning Evaluation Copy by mail without risk or obligation by registering at http://www.taxact.com/prep today. Those that register will receive TaxACT's entire 2004 Preparer's product line FREE!

About TaxACT's Preparer's Editions

TaxACT has secured its position as being the value-leader among seasonal tax offices - especially those that focus on 1040 returns. Each of TaxACT's Preparer's Editions are regularly priced at just $99 and offer modules for federal forms. State forms are available for 1040, 1065 and 1120S Editions. Specially priced Business Bundles are also available - options may viewed by visiting http://www.taxact.com/prep. E-filing is also incorporated into TaxACT's 1040 and 1120S - there is no special software to install. When the return is complete, E-filing costs are based on volume discounts; and, 1040 Edition users have the option to take advantage of unlimited 1040 Federal and State E-filing for just $500.

About 2nd Story Software, Inc.

Recently completing an $85 million Recapitalization with TA Associates (a leading private equity and buyout firm located in Boston, MA), 2nd Story Software is a privately held company founded in 1998 and is the foremost leader in developing and marketing affordable tax preparation software and Web-based services. To date, the comprehensive suite of TaxACT's products have enabled over 18 million consumer returns to be filed and continues to empower its users to make well-informed decisions with ease, while looking out for the cost-conscious.

More information regarding 2nd Story and the TaxACT Product line may be found by visiting www.TaxACT.com. Those interested in accessing TaxACT's online services may visit www.TaxACTOnline.com. TA Associates' homepage is located at www.ta.com.

2nd Story Software, Inc., the company and product logos, TaxACT, and TaxACT Online, among others, are registered trademarks and / or service marks of 2nd Story Software. Other parties' trademarks or service marks are the property of their respective owners and should be treated as such.