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SALES & USE TAX Reviews For Your Firm SpeedTax — SpeedTax Core, Plus & Pro 2011 OVERALL RATING BEST FIT: Businesses with increasingly complex sales tax management and reporting needs across mul- tiple jurisdictions that are looking to integrate real-time sales tax rates and calculations into the business’ sales platforms. STRENGTHS: • Integrated, real-time rates & calculations • Multi-user review/sign-off pro- cesses • E-mail due date & workf low reminders • Multi-entity management with Pro version • Comprehensive jurisdictions for United States & Canada 888-349-2441 BNA Software – BNA Sales & Use Tax Rates and Forms 2011 OVERALL RATING BEST FIT: Mid-sized and larger businesses with growing SALT compliance complexity, and fi rms managing compliance for multiple entities. Also businesses wanting compre- hensive tax tables for export into their live sales and accounting systems. STRENGTHS: • Very easy-to-use • Comprehensive: All U.S. jurisdic- tions • PDF, Excel, XML, CSV, Text output • Multi-client management tools • Schedulable rate table export feature • Web-based delivery means easy access and no updating 800-424-2938 46 August 2011 • www.CPAPracticeAdvisor.com POTENTIAL LIMITATIONS: • Rate lookup and form prepara- tion not integrated • No e-fi ling or electronic payment options EXECUTIVE SUMMARY & PRICING The two components of BNA Sales & Use Tax Rates and Forms Online (the forms preparation and rate lookup utility) are easy to learn and use, and provide com- prehensive compliance support that includes all taxing jurisdic- tions in the United States. The program does not off er e-fi ling or electronic payment of sales and use tax returns, but can be used in preparation of forms that are then submit ed online via a state web- site. T e system is best designed for mid-sized and larger busi- nesses with multiple locations or varying nexus definitions that require compliance with multiple jurisdictions. Its ability to manage any number of business entities also makes it a good selection for fi rms managing these compliance processes for multiple entities. Pricing is $925 per year for unlimited access and use of both the forms preparation and rate lookup systems. PRODUCT DELIVERY METHODS: ■ On-Premises ■ ✔ SaaS ■ Hosted by Vendor POTENTIAL LIMITATIONS: • Only offers integrated e-file/ payments to Arkansas EXECUTIVE SUMMARY & PRICING: SpeedTax is best suited for busi- nesses with increasingly complex sales taxation compliance require- ments, providing an integrated tax calculation system that automati- cally fi nds and routes appropriate rate calculations into the business entity’s sales and e-commerce systems. Through an optional compliance service, businesses can also have SpeedTax generate and submit all jurisdictional returns and payments. T e Pro version off ers additional features for accounting professionals managing the compliance needs of multiple business entities. Pricing for the Core tax calcula- tion engine is based on the volume of transactions, with 1,200 annual transactions costing about $800 per year. T e addition of the Plus forms preparation and due date monitoring system starts at $600 for a dozen annual returns. Plus can also be used as a stand-alone return preparation system, with the ability to import data from outside accounting applications. PRODUCT DELIVERY METHODS: ■ On-Premises ■ ✔ SaaS ■ Hosted by Vendor {INTEGRATED SALES TAX MANAGEMENT SYSTEM} BASIC SYSTEM FUNCTIONS COMPLIANCE CAPABILITIES INTEGRATION & IMPORT/EXPORT HELP/SUPPORT Read the full review of this product exclusively online at www.CPAPracticeAdvisor.com/10292825 www.SpeedTax.com {TRADITIONAL SALES TAX COMPLIANCE SYSTEM} BASIC SYSTEM FUNCTIONS COMPLIANCE CAPABILITIES INTEGRATION & IMPORT/EXPORT HELP/SUPPORT Read the full review of this product exclusively online at www.CPAPracticeAdvisor.com/10293035 www.BNAsoftware.com