CPA Practice Advisor

AUG 2018

Today's Technology for Tomorrow's Firm.

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AUGUST 2018 ■ 11 PROFESSIONAL TAX PREP SYSTEMS: REVIEW CCH Axcess Tax CCH Axcess Tax from Wolters Kluwer Tax & Accounting is best suited for mid-sized and larger full-service firms, as well as corporate tax offices that prepare more complicated tax returns. Completely cloud-based, CCH Axcess Tax is a modular system, and offers mobile apps for iOS and Android tablets and smartphones. CCH Axcess Tax offers users an intuitive user interface screen that is designed to resemble Microsoft Office, so users will be comfortable with system navigation from the start. Users can easily customize the Quick Access Toolbar to provide access to frequently used system functions. CCH Axcess is available via subscription, with prices varying depending on user needs and products purchased. Those interested can contact the vendor directly for a personalized quote. Read the full review for this product online at: 12423531 5 2018 OVERALL RATING CCH ProSystem fx Tax CCH ProSystem fx Tax from Wolters Kluwer Tax & Accounting is part of the CCH ProSystem fx Suite. Designed as an on-premise solution, CCH ProSystem fx Tax can be installed on desktop and network systems. Well-suited for accounting firms of all sizes, CCH ProSystem fx offers optimum value when used with other CCH ProSystem fx applications. CCH ProSystem fx Tax allows users to use interview forms or worksheets when entering tax data. The interview forms provide easy data entry by mirroring the form being utilized, with a convenient Zoom feature available to enlarge forms if necessary. All available worksheets are categorized in a drop-down menu for easy access, with users able to hide sections of the worksheet if desired. Users can search for a return by client or by specific criteria, or by accessing the client return list. Pricing for CCH ProSystem fx Tax varies depending on number of users and modules purchased, with pricing available directly from Wolters Kluwer Tax & Accounting upon request. Read the full review for this product online at: 12423528 4.75 2018 OVERALL RATING GoSystem Tax RS - From Thomson Reuters GoSystem Tax RS from Thomson Reuters is best suited for mid-sized and large firms that process more complex returns such as consolidated corporate returns, life insurance returns, and tax equalization returns. GoSystem Tax also offers individual tax filing and integrates well with the Thomson Reuters CS Suite of tax and accounting products. An online pioneer, GoSystem was one of the first tax compliance software applications to offer web accessibility, GoSystem Tax conveniently offers users the ability to work both on or off-line, with the data quickly uploaded once connected. GoSystem Tax RS pricing is customized for each firm, starting at around $4,000 annually for a single-user system. Read the full review for this product online at: 12423350 5 2018 OVERALL RATING Lacerte Tax - From Intuit Lacerte Tax from Intuit is a good fit for accounting firms that offer a variety of tax-related services to both individual and business clients. The product easily handles a variety of return types and offers seamless integration with QuickBooks applications. For tax year 2018, Lacerte Tax offers enhanced e-filing capability by adding more than 50 e-file return types including amended, extensions, and estimated payments for more than 15 states. The e-Organizer will also be included for unlimited tax customers at no cost for tax year 2018. Lacerte offers a variety of licensing options, including Lacerte 200/Federal 1040, which is ideal for firms preparing less than 200 individual returns annually. Lacerte Unlimited offers unlimited individual and business returns, and Lacerte REP is a pay as you go option for those processing a lower volume of returns. Pricing varies, with all system add-ons priced separately. Read the full review for this product online at: 12423352 4.5 2018 OVERALL RATING UltraTax CS UltraTax CS is part of the CS Professional Suite of applications from Thomson Reuters. Best suited for large accounting firms, UltraTax CS can be used as a stand-alone application, but performs best when coupled with other CS Professional Suite applications. Designed for efficiency, UltraTax CS can be deployed in a variety of ways, including on a desktop or network, accessed as a hosted solution or as a SaaS application. Pricing for UltraTax is customized for each user and is typically based on the number of users and deployment option chosen, with the product usually starting at around $3,000 for a single user, with product support included in the pricing. Read the full review for this product online at: 12423368 5 2018 OVERALL RATING Read all of the Tax Prep reviews online at: ADVANCED WORKFLOW SYSTEMS

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