Income Taxes

October 29, 2012 

IDMS, Inc. – Account Ability Tax Form Preparation888-IDMS-inc (436-7462)www.IDMSinc.com From the Nov. 2012 Review of W-2 and 1099 Preparation programs. Best Fit: Firms managing year-end compliance and ATF payroll for multiple mid- to large-sized businesses Strengths Complete print and mail services available Comprehensive reports Built-in document management feature Potential Limitations Built-in billing and invoicing features...…

Taija Sparkman

October 29, 2012 

EG Systems, Inc. – The W-2/1099 Filer800-264-3155www.W21099.com From the Nov. 2012 Review of W-2/1099 Preparation programs. Best Fit: Accounting practices managing year-end reporting for multiple clients. Strengths Comprehensive state, federal and local form support Batch filing and printing options Supports multiple data formats Remote and local backup options available Potential Limitations ATF Payroll offered as...…

Taija Sparkman

October 29, 2012 

Avalara – AvaTax 1099877-780-4848www.avalara.com From the Nov. 2012 Review of W-2/1099 Preparation programs. Best Fit: Accounting practices preparing and managing year-end compliance for multiple clients. Strengths Built-in error checking and TIN Validation Comprehensive mailing and filing service Good support of forms in the 1099 series Potential Limitations Does not offer W-2 preparation No built-in client...…

Taija Sparkman

October 29, 2012 

Advanced Micro Solutions – 1099-Etc800-536-1099www.1099-etc.com From the Nov. 2012 Review of W-2/1099 Preparation Programs. Best Fit: Firms managing after-the-fact payroll, as well as quarterly and year-end information reporting for multiple businesses. Strengths Imports from a variety of file formats Supports federal, state and local forms Comprehensive e-filing and mailing options Potential Limitations No time and...…

Taija Sparkman

October 29, 2012 

American Riviera Software Corp. – Magtax Professional805-504-1366www.Magtax.com From the Nov. 2012 Review of W-2/1099 Preparation Programs. Best Fit: Firms managing year-end compliance and electronic e-filing for multiple business clients. Strengths QuickBooks integration Import/Export capabilities that support various file formats Plain paper and pre-printed form printing Potential Limitations Does not offer after-the-fact payroll No built-in invoicing...…

Taija Sparkman

October 11, 2012 

With only a few days left until Oct. 15, the Illinois CPA Society is urging individual filers who had an extension to remember the deadline.

Isaac M. O'Bannon

October 11, 2012 

The tax-filing extension deadline is nearing for anyone that has not completed their tax return.

Taija Sparkman

October 2, 2012 

A monthly study by Blackbaud shows bad and (limited good) news for charitable donations.

Isaac M. O'Bannon

August 3, 2012 

Gregory Anton, Chairman of the Board of Directors of the AICPA (Ameirican Institute of Certified Public Accountants), provides a non-partisan analysis into why he thinks the U.S. government's financial statements provide a different perspective compared to the government's annual budget.

Isaac M. O'Bannon

June 18, 2012 

Even small businesses can benefit from sales tax automation, from the headaches of keeping up with constantly-changing rates, to the perils of audits and penalties.

Isaac M. O'Bannon

March 27, 2012 

As tax season comes to a close, many taxpayers are looking for possible tax breaks to help lower their taxes. However, tax credits could potentially reduce a taxpayer’s tax bill dollar for dollar, says CCH, a Wolters Kluwer business and provider of tax, accounting and audit information, software and services.

Taija Sparkman

March 6, 2012 

It began with a petition to stop members of Congress from passing a set of flawed copyright bills.  By the time the bills were withdrawn from consideration a few weeks later, untold thousands of signatures had been collected and presented in opposition to the bills – a fact that may in future consideration of copyright...…

Dave McClure