CPA Practice Advisor

APR 2016

Today's Technology for Tomorrow's Firm.

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22 April 2016 • www.CPAPracticeAdvisor.com PROFESSIONAL TAX PREPARATION SYSTEMS PROFESSIONAL TAX PREPARATION SYSTEMS ADVANCED WORKFLOW TRADITIONAL WORKFLOW BEST FIT UltraTax CS is best-suited to full service accounting and tax frms looking to enhance productivity across workfows through use of the broad CS Suite. STRENGTHS • Comfortable interface is easy to learn and maintains design across modules • Supports up to four monitors • Options for e-signatures, digital workpapers, and portals • Excellent integration across all related products • Option for using the system as a hosted, remotely-accessible solution SUMMARY & PRICING UltraTax CS is an exceptional tax compliance package, particularly for full-service accounting and tax frms using other parts of the CS Suite. Te extensive integration between programs streamlines tax workfow processes, while ensuring data integrity and enabling greater collaboration between frm staf and clients. Pricing for UltraTax is dependent upon tax entity modules and the number of users, with pack- ages starting around $2,800 per year for one user. Per-return and unlimited options are also available. cs.ThomsonReuters.com BEST FIT CCH Axcess Tax is generally best-suited to mid-sized and larger full-service accounting frms, and those with complex clients, that want a cloud-based tax compliance system. Te system ofers extensive productivity tools and workfow automation options, with the abil- ity to integrate seamlessly with the broader CCH Axcess Suite. STRENGTHS • System is f u l l cloud-based, ofering any time access to ta x compliance, review and manage- ment capabilities. • Of fers ex tensive integration within the suite with solutions for document and practice man- agement, work fow optimization and client collaboration portals. • Open I nteg rat ion Plat for m extends integration options to additional third-party sofware • Customizable user inter face ofers ease-of-use and stream- lined data entry SUMMARY & PRICING CCH Axcess Tax ofers an excep- tional cloud-based, professional tax compliance solution with modules for all taxing entities, and strong integration with practice manage- ment, document management, col- laboration and workfow-enhancing utilities. Te system is available in several subscription models, with pricing starting at $3,700 per year. www.CCHgroup.com/ Axccess BEST FIT Full ser vice accounting firms with clients that range from very complex corporate and organiza- tional returns, to simple individual returns. Te program also includes workflow tools that streamline multi-preparer collaboration processes and review. STRENGTHS • Te ta x compliance system is part of a comprehensive suite of integrated accounting and practice management products • Well-designed interface ofers intuitive navigation and drill- down access to related forms, schedu les, work sheets, state forms and inter-related returns • Strong diagnostic tools that fnd omissions and inconsistencies, track overrides • Centra lized return manage- ment overview ofers details on return status from initial client interview, through preparation, review and electronic fling • Optional add-ons for advanced prac t ice ma nagement , t a x planning SUMMARY & PRICING Te CCH ProSystem fx Tax compli- ance program provides comprehen- sive tax capabilities for all client entities, with extensive productivity tools that streamline engagements and increase productivity. Te sys- tem includes deep integration with the CCH IntelliConnect research platform, and ofers strong paper- less workfow options. Pricing for the program depends on frm usage, options and entities supported, with packages starting at about $3,700. A "Pay As You Process" option is also available. www.CCHgroup.com/ ProSystem-fx BEST FIT ATX is best-suited to small frms and sole practitioners with indi- vidual and business tax clients and those serving the other business needs of those clients. STRENGTHS • A fordable all-inclusive bundles include a suite of options for research, accounting, pay roll, sales & use ta x, and practice management, plus sa les ta x reporting. • Easy-to-use interface doesn't require in-depth tax knowledge, while data entr y still follows traditional form work fow • Includes unlimited e-fling with options for all federal and state taxed entities, plus gif, estate, nonproft and pension returns, and Ohio cities • A multi-ofce manager function ofers managerial oversight SUMMARY & PRICING ATX ofers a comprehensive small practice tax solution that includes support for all forms, plus has options for accounting, payroll and other professional products. Several bundles are available starting as low as $639 for the 1040 package. Pric- ing for a 3-user ATX Max package, with unlimited e-fling and support for all returns, plus research, payroll compliance and other features, costs $1,459. Per return pricing options are also available. www.CCHsfs.com Thomson Reuters - UltraTax CS Wolters Kluwer - CCH Axcess Tax Wolters Kluwer - ProSystem fx Tax WOLTERS KLUWER CCHSFS - ATX Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12192190 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12192175 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12192199 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12192245 4.75 5 4.75 4.5 2016 OVERALL RATING 2016 OVERALL RATING 2016 OVERALL RATING 2016 OVERALL RATING

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