Today's Technology for Tomorrow's Firm.
Issue link: https://cpapracticeadvisor.epubxp.com/i/44903
TAX PLANNING Reviews For Your Firm RedGear Technologies — TaxWorks Tax Planner 2011 OVERALL RATING BEST FIT Firms using TaxWorks who want to expand into tax planning as a client service off ering, or want a simple add-on tool for performing quick projections. STRENGTHS • Easy to use • Adjustable infl ation projection • Inexpensive • Integration with TaxWorks 800-230-2322 Intuit Lacerte Tax Planner 2011 OVERALL RATING BEST FIT Lacerte Tax Planner can be used as a stand-alone program, but it's best suited for firms using the Lacerte tax preparation system, providing simple data transfer and a familiar interface. STRENGTHS • Familiar tabbed interface & navigation • Full integration with Lacerte 1040 800-765-7777 Thomson Reuters — Planner CS 2011 OVERALL RATING BEST FIT With tight integration among the tax preparation, research, docu- ment management, portals and other solutions from Thomson Reuters, Planner CS is best suited to users of the vendor's CS Profes- sional Suite, but can also be valuable as a stand-alone system. STRENGTHS • Includes tax code for federal & all income taxing states • Special Watch Window & Results Finder Tools • Seamless integration with tax, document management, portals 800-968-8900 10 November 2011 • www.CPAPracticeAdvisor.com • Comprehensive calculations & analysis features • Unlimited years of projections • Excellent customizable reporting POTENTIAL LIMITATIONS • Limited data output formats SUMMARY & PRICING Planner CS is an exceptional scenario-based tax planning solution, with features and tools that are capable of handling the most complex high income clients. T e system is built upon a solid base of federal tax law, as well as code for all income-taxing states. With tight integration among the tax preparation, research, docu- ment management, portals and other solutions from Thomson Reuters, Planner CS is best suited to those users, but can also be a valuable addition as a stand-alone planning program. Pricing starts at $655 for the federal-only system, with states addable as needed. PRODUCT DELIVERY METHODS: ■ ✔ SaaS ■ Hosted by Vendor ✔ On-Premises ■ • Integration with Document Management System • Customizable reporting with charts POTENTIAL LIMITATIONS • Only PDF & text-fi le output SUMMARY & PRICING Intuit's Lacerte Tax Planner is a great fit for practices currently using the Lacerte preparation system, providing strong planning capabilities for up to 10 years and supporting simple to moderately complex scenarios. T e system is bundled with the Lacerte Tax Analyzer and Document Manage- ment Systems for $249 per year. PRODUCT DELIVERY METHODS: ■ ✔ On-Premises ■ SaaS ■ Hosted by Vendor BASIC SYSTEM FUNCTIONS CORE TAX PLANNING FEATURES REPORTING IMPORT/EXPORT/INTEGRATION HELP/SUPPORT Read the full review of this product exclusively online at www.CPAPracticeAdvisor.com/10415553 www.lacertesoftware.com POTENTIAL LIMITATIONS • Generally basic planning capa- bilities • Limited report customization • Lit le external integration SUMMARY & PRICING T e TaxWorks Tax Planner is a simple tool for quickly creating client scenarios for a few years, and is best suited to users of the TaxWorks preparation system. T e Tax Planner system costs $295 for a site license that allows use by all staff in the same offi ce. PRODUCT DELIVERY METHODS: ■ ✔ On-Premises ■ SaaS ■ Hosted by Vendor BASIC SYSTEM FUNCTIONS CORE TAX PLANNING FEATURES REPORTING IMPORT/EXPORT/INTEGRATION HELP/SUPPORT Read the full review of this product exclusively online at www.CPAPracticeAdvisor.com/10415063 www.taxworks.com BASIC SYSTEM FUNCTIONS CORE TAX PLANNING FEATURES REPORTING IMPORT/EXPORT/INTEGRATION HELP/SUPPORT Read the full review of this product exclusively online at www.CPAPracticeAdvisor.com/10145520 www.cs.thomsonreuters.com