360 Coverage Pros has introduced a professional liability insurance program for tax preparers. Tax Preparer Professional Liability Insurance has liability limits of up to $1 million and is designed for professionals who provide predominantly tax-related services.

The Internal Revenue Services has extended more deadlines for individual tax files to May 17, including individual retirement and medical saving accounts. This follows the prior announcement  that the return filing deadline for individual tax returns has been moved from April 15 to May 17.

Intuit plans to make QuickBooks Cash available to accountants this spring. The software company this month that Cash is in a phased roll out to users of QuickBooks Online Accountant.