Today's Technology for Tomorrow's Firm.
Issue link: https://cpapracticeadvisor.epubxp.com/i/494869
PROFESSIONAL TAX PREPARATION SYSTEMS TRADITIONAL WORKFLOW BEST FIRM FIT Sole-practitioners, seasonal ta x preparers and organizations with a staf of three or fewer STRENGTHS • A l l i nc lu sive solut ion for t a x (including research) and book- keeping • Ta x ret u r n work f low m i r rors main ta x forms for easy return processing • Multiple integration points for small businesses POTENTIAL LIMITATIONS • Remote access is not currently available, though iFirm is rapidly changing this SUMMARY & PRICING ATX prov ides a platform com- bining quality and value. Unique to ATX is an available all-inclusive tax, accounting, payroll and document management package. Total Tax Ofce, serving as the top tier option and includes everything a tax pro- fessional needs to process returns and simple bookkeeping, currently runs $1,899. For those that only need processing for indiv idual returns, the 1040 Office package runs $849 and prov ides similar functionality. Per return pricing is available for $499 with each indi- vidual and business return costing $25 and $35, respectively. www.ATXinc.com BEST FIRM FIT Sole-practitioners and seasonal preparer organizations. STRENGTHS • A l l-i nclusive ta x , accou nt i ng , d o c u m e n t m a n a g e m e n t a n d planning solution for one price • Multiple options for accessing the sofware, desktop and online • Customer ser v ice continues to be strong selling point POTENTIAL LIMITATIONS • A d v a n c e d f e a t u r e s , s u c h a s multi-level reviews, are missing SUMMARY & PRICING Drake Sofware is an all-in-one tax solution w ith a simple pr icing structure. Te Unlimited version of Drake includes a full tax solution along with full featured accounting, document management and tax planning sofware. Pricing for the Drake Unlimited ofering is set at $1,495 and includes all features noted in this article. Users may also purchase a per-return license for $300 that includes processing of 15 returns. Each additional return is $20 and users may convert to Drake Unl imited af ter processing 85 returns. www.DrakeSoftware.com BEST FIRM FIT Small accounting frms and indi- vidual practitioners looking for an economical balance of cost versus features. STRENGTHS • Quick data entry screens • I nt e g r a t e s w it h w id e l y u s e d p e r s on a l a nd s m a l l bu s i ne s s sofware • C ont i nued en h a nc ement s to electronic fling capabilities POTENTIAL LIMITATIONS • No ho s t e d s o l u t i o n w i t ho u t relying on third-party vendors SUMMARY & PRICING ProSeries continues to be a popular solution for professionals. Backed by Intuit, ProSeries has many key inte- gration points and feature sets that will appeal to many small firms. ProSeries provides flexibility in pricing from unlimited individual and business bundles to pay-as-you- go options. An unlimited bundle that includes unlimited federal and state individual return processing runs $1,878. A more limited plan allows for processing 50 individual returns for federal and two states for $728. Per return processing is available at $329, with individual federal and state returns processed for $53. Accountants.Intuit.com/proseries ATX - CCH Small Firm Services Drake Tax Software Intuit ProSeries Tax Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12060265 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12060285 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12060304 4 4.5 4.5 2015 OVERALL RATING 2015 OVERALL RATING 2015 OVERALL RATING BNA 706 preparer & 709 Preparer – Bloomberg BNA BEST FIRM FIT Accounting frms of any size currently utilizing the ProSystem fx Tax desktop solution or frms looking for a standalone practice management solution STRENGTHS • Reliant on dashboard technologies • A ll inclusive solution without need to purchase additional modules • Stable and scalable solution for frms of all sizes POTENTIAL LIMITATIONS • Integration points may require custom confgura- tions GOT APPS? We Do! Visit the App Depot today! www.CPAPractceAdvisor.com/Apps CPA Practce Advisor's App Depot ofers quick access to the most popular apps designed for tax and accountng professionals. Helping you run your practce more efciently and proftably, whether you're in the ofce, on the road or teeing of on the 14th hole. Read the full article at www.CPAPracticeAdvisor.com/12060255