November 2011

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October 30, 2012 

The Artistic Side of Tax Compliance: Planning

Are you or your clients suffering from "intaxication?" Understanding the tax code is hard and the penalties can be severe. But a good tax professional can help prepare and even reduce your taxes, if you consult with them before the end of the year.

Isaac M. O'Bannon

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October 6, 2011 

Thomson Reuters – Planner CS

800-968-8900 www.cs.thomsonreuters.com    2011 Overall Rating 4.75 Best Fit With tight integration among the tax preparation, research, document management, portals and other solutions from Thomson Reuters, Planner CS is best suited to users of the vendor’s CS Professional Suite, but can also be valuable as a stand-alone system. Strengths Includes tax code for federal &...…

Isaac M. O'Bannon

bna_10442586

October 6, 2011 

BNA Software – BNA Income Tax Planner

800-424-2938 www.bnasoftware.com    2011 Overall Rating 5 Best Fit Practices offering individual income tax planning services to clients with varying needs, up to and including high net worth individuals with significantly complex income channels and assets. Strengths Intuitive interface & navigation Comprehensive tax calculations & analyses Up to 20 side-by-side comparisons Excellent reporting & graphical...…

Isaac M. O'Bannon

cch_10442578

October 6, 2011 

CCH, a Wolters Kluwer business — ProSystem fx Planning

800-739-9998 www.cchgroup.com    2011 Overall Rating 4.25   Best Fit  Full-service accounting professionals using the integrated ProSystem fx Suite to serve broad client bases.   Strengths Excellent integration with ProSystem fx Tax & Engagement Up to 30 side-by-side cases Ease-of-use   Potential Limitations Plans limited to four years of projections Aside from exporting into other...…

Isaac M. O'Bannon

RedGear

October 5, 2011 

RedGear Technologies — TaxWorks Tax Planner

800-230-2322 www.taxworks.com   2011 Overall Rating 4   Best Fit Firms using TaxWorks who want to expand into tax planning as a client service offering, or want a simple add-on tool for performing quick projections. Strengths Easy to use Adjustable inflation projection Inexpensive Integration with TaxWorks Potential Limitations Generally basic planning capabilities Limited report customization...…

Isaac M. O'Bannon

drake_logotransparent_10415061

October 5, 2011 

Tax Planner Included with All-Inclusive Drake Tax Suite

800-230-2322 www.DrakeSoftware.com While most other tax software developers offer tax planning for an additional annual fee, Drake Software has gone with an all-inclusive approach to its entire professional tax compliance suite. The suite provides 1040, 1040NR, 1041, 1065, 1120, 1120S, 706, 709, 990 and 990PF preparation, support for all states with income taxes, and unlimited...…

Isaac M. O'Bannon