November 2010

With a tight economy and creeping growth causing more and more Americans to be more miserly in their spending or to at least budget more stringently, they often overlook a potential for significant savings. Or perhaps they don’t think about the potential until it’s too late. Unfortunately, the latter is likely the case because they often only think in depth about their income taxes when they are preparing their return or having it done by a professional. It often seems that many people plan a short road trip better than they plan their taxes.

800-968-8900 www.cs.thomsonreuters.com Thomson Reuters debuted its new Accounting CS system earlier this year, offering a unified professional application that combines write-up, trial balance, financials reporting, and live and after-the-fact payroll processing and compliance system. It also includes web-based client-side accounting that integrates directly with the professional package, thereby enabling greater collaboration, streamlining write-up and payroll […]

6411 800-292-2962 www.cyma.com CYMA Systems has developed business and professional accounting systems since 1980, with current solutions that include Client Write-Up, business accounting, non-profit fund accounting, payroll, inventory management and job costing. The company’s CYMA IV Financial Management System is the core of each of its programs, including the write-up system, which has available modules […]

7265 TaxWise: 800-755-9473; www.taxwise.com ATX: 877-728-9776; www.atxinc.com The TaxWise and ATX brands, which each offer popular professional tax compliance packages, also include a suite of accounting systems, including write-up, trial balance, fixed asset management, client checkbook, payroll, firm management, document management, W-2 and 1099 compliance, and payroll reporting. But rather than offer separate versions of […]

Alongside professional tax preparation, write-up has long been a cornerstone client service for many full-service accounting firms, providing monthly, quarterly and annual engagements that equate to a fiscal checkup for client businesses. The core elements of account reconciliation, fixing improperly posted transactions and preparation of financial statements are critical to these entities truly knowing their health, and serve as a firm foundation for ensuring against employee fraud, as well as for planning, budgeting and valuation.

I had the opportunity to spend some time with Don Codling, unit head for the FBI’s CyberCrime Division, talking about the state of computer and network security around the globe. It was an interesting conversation, not because there was any real news in the current trends but because the state of cybercrime makes it clear we have to re-think our entire approach to security.

800-230-2322 www.taxworks.com The Tax Planner module from RedGear, the makers of TaxWorks, is designed to work with that specific tax system, providing several years’ of scenario planning for federal and state taxes, with support for all common tax treatments. However, the program can also be used as a stand-alone utility. RedGear offers program updates throughout […]

800-765-7777 www.lacertesoftware.com The Intuit ProLine Lacerte Tax Planner is a tool for developing customized tax scenarios to help tax and accounting professionals estimate the tax impact of proposed future transactions.  The planner allows tax professionals to advise clients on how best to minimize tax liabilities using known and projected tax rates, rules, income and familial […]