Today's Technology for Tomorrow's Firm.
Issue link: https://cpapracticeadvisor.epubxp.com/i/42507
Tenenz — Laser Link 2011 OVERALL RATING BEST FIT Small practices managing year-end compliance processes for multiple small businesses. STRENGTHS • Easy interface & data entry. • Free e-fi ling. • Good forms support. • Inexpensive. POTENTIAL LIMITATIONS • Limited import options & does not export. • No built-in invoicing function- ality. 800-888-5803 Spokane Computer, Inc. — MAG-FILER 2011 OVERALL RATING BEST FIT Practices seeking a simple system for managing multiple clients, with support for all federal and state year-end compliance require- ments. STRENGTHS • Intuitive interface, client manage- ment screens. • Import from Microsoft Excel, QuickBooks, Sage Peachtree & text fi les. 866-440-5471 • Multiple fi le output options. • Print/mail service bureau option. POTENTIAL LIMITATIONS • No support for 940 series reporting. • Lacks a client billing system. SUMMARY & PRICING MAG-FILER is a very easy-to- learn system for preparing year- end returns, and provides good built-in e-fi ling capabilities to the IRS, SSA and most states. The company's printing and mailing service can provide relief for preparers who wish to minimize time spent on these tasks. MAG- FILER costs $364 if ordered on disc, but is discounted to $324 if downloaded online. ✔ On-Premises ■ SaaS ■ PRODUCT DELIVERY METHODS: ■ ✔ Hosted by Vendor BASIC SYSTEM FUNCTIONS REPORTING IMPORT/EXPORT CAPABILITIES HELP/SUPPORT Read the full review of this product exclusively online at www.CPAPracticeAdvisor.com/10347387 www.SpokaneComputer.com CCH Small Firm Services — ATX & TaxWise Payroll Compliance Reporting 2011 OVERALL RATING BEST FIT Small and mid-sized tax and accounting practices seeking to broaden their client services by offering year-end compliance, particularly those using solutions from CCH Small Firm Services for tax preparation and write-up. STRENGTHS • Integration with professional tax package. • Strong federal & state support, including e-fi ling. 800-375-9542 • Library of more than 500 local & 1,200 misc state forms. • Good client management views & oversight. • Excellent support & training options. POTENTIAL LIMITATIONS • Client invoicing is through tax package. SUMMARY & PRICING Payroll Compliance Reporting is best designed for small and mid- sized firms that want to add year-end information reporting to their client services. It can also be used as a stand-alone product. T e system integrates well with the vendor's ATX tax software and off ers import from QuickBooks and Sage Peachtree. It also off ers comprehensive forms support at the federal and state levels with e-fi ling included. Payroll Compli- ance Reporting costs $349 per year. PRODUCT DELIVERY METHODS: ■ ✔ On-Premises ■ SaaS ■ ✔ Hosted by Vendor BASIC SYSTEM FUNCTIONS REPORTING IMPORT/EXPORT CAPABILITIES HELP/SUPPORT Read the full review of this product exclusively online at www.CPAPracticeAdvisor.com/10360777 www.ATXinc.com / www.TaxWise.com October 2011 • www.CPAPracticeAdvisor.com 11 • Minimal online support, but live support is free. SUMMARY & PRICING Laser Link is best suited to small tax and accounting practices, providing an easy-to-use system for generating year-end returns for multiple clients and recipients. T e program includes free e-fi ling and costs $59.99 per license. T is supports all users in the same offi ce and includes the ability to print to plain or pre-printed stock. The TFP system, which is also designed for multi-entity fi ling of W-2s and 1099s but only supports printing to pre-printed forms, costs $39.99. T e online eFilefor- Business system, which includes built-in e-filing and which is designed for lower volume users, is off ered on a per-use basis for as lit le as $0.95 per form to e-fi le to the government and mail to the recipient. ✔ On-Premises ■ SaaS ■ PRODUCT DELIVERY METHODS: ■ ✔ Hosted by Vendor ™ BASIC SYSTEM FUNCTIONS REPORTING IMPORT/EXPORT CAPABILITIES HELP/SUPPORT Read the full review of this product exclusively online at www.CPAPracticeAdvisor.com/10351079 www.tenenz.com