Lacerte
Professional tax preparation software for complex tax returns, offering unparalleled accuracy and extensive resources.
Executive Summary
Lacerte is Intuit's professional tax preparation software designed for accountants and tax professionals who handle complex tax returns. It provides an extensive library of tax resources and aims for unparalleled accuracy in calculations and form generation. The software supports a wide range of federal and state tax forms, enabling users to efficiently prepare individual (1040) and business returns, as well as create custom tax plans and generate built-in advisory strategies for clients. As part of the Intuit Accountant Suite, Lacerte integrates with other Intuit products and leverages the company's robust cloud infrastructure for updates, e-filing, and data security. It offers flexible pricing models, including pay-per-return options suitable for firms with lower return volumes and unlimited packages for high-volume practices. Intuit ensures that Lacerte adheres to high security and compliance standards, holding certifications such as SOC 2, ISO 27001, and GDPR compliance, to protect sensitive client financial data.
Use Cases
- Preparing complex individual tax returns (e.g., Federal 1040) for clients.
- Handling various business tax returns, including partnerships, corporations, and trusts.
- Creating custom tax plans and advisory strategies to maximize client savings.
- Managing high volumes of federal and state tax returns for professional accounting firms.
- Facilitating electronic filing (eFile) of tax returns directly from the software.
Features
Visibility
- Client Overview: Provides a consolidated view of client tax data and return status for efficient management.
- Custom Tax Plan Builder: Allows users to create and visualize custom tax plans for clients based on various scenarios.
Intelligence
- Advisory Strategy Generation: Automatically generates tax advisory strategies to identify client savings and optimize tax outcomes.
- Tax Savings Identification: Analyzes client data to pinpoint opportunities for tax optimization and potential savings.
Support
- Live Agent Support: Access to live agents for assistance with software usage, workflow, and tax-related questions.
- Extensive Tax Resources: Provides a comprehensive library of tax-related information, guidance, and updates.
Technical Specifications
- Architecture
- Desktop software with cloud-based services for updates, e-filing, and data synchronization.
- Deployment
- Hybrid
- Authentication
- OAuth/OIDC, MFA, SSO/SAML
- API Available
- No
Infrastructure
- AWS
Integrations
- QuickBooks Online
- QuickBooks Desktop
- SignWell
Security & Compliance
Certifications: SOC 2, ISO 27001, PCI DSS, GDPR
Encryption: Data encrypted in transit and at rest to protect sensitive client financial information.
Pricing
- Model
- Subscription with pay-per-return or unlimited return options.
- Starting Price
- Starting from $499 for FastPath license + $140 per return, or subscription plans from $80/month.
- Target Customer
- SMB,Mid-Market
- Contract Type
- Monthly, Annual, or Per-Return
About Intuit (QuickBooks)
Intuit is a global technology platform that helps customers and communities overcome their most important financial challenges. It builds innovative products and services like QuickBooks, TurboTax, Credit Karma, and Mailchimp, serving approximately 100 million consumers and small businesses.