Tax Planning

Featured Articles

magic8ball_11147421

September 8, 2013 

Income Tax Planning Takes More than a Magic 8-Ball

On the conference room shelf of a CPA’s office I visited recently, I noticed a Magic 8-Ball with the label “free tax answers.” When turned, the die floating in colored liquid inside the ball presses against the window to reveal an affirmative, negative, or non-committal answer such as “cannot predict now.”

Dustin Wheeler

 2013 Review of Thomson Reuters Planner CS

August 29, 2013 

2013 Review of Thomson Reuters Planner CS

Best Fit: Firms using the Thomson Reuters CS Professional Suite that can benefit from the integration between Planner CS and the suite’s tax preparation and document management products. Strengths Capable to producing projections for an unlimited number of years Integration with several components of the CS Professional Suite Many options for customizing reports and graphs...…

 2013 Review of CCH ProSystem fx Planning

August 29, 2013 

2013 Review of CCH ProSystem fx Planning

Best Fit: Firms using other components of the ProSystem fx Suite or CCH Axcess Tax that take advantage of the direct integration. Strengths Imports tax data from ProSystem fx Tax and CCH Axcess Tax The license allows for an unlimited number of users at a firm location Interactive tutorial and ample help resources Potential Limitations...…

 2013 Review of Intuit Lacerte Tax Planner

August 29, 2013 

2013 Review of Intuit Lacerte Tax Planner

Best Fit: While firms using Lacerte Tax and DMS will benefit with the direct integration, it may also be considered as a standalone product because it is easy to use and a lower cost alternative than the products reviewed. Strengths User-friendly interface similar to that of the tax program. Easily imports client tax data from...…

 Ohio Governor wants tax on newspapers

February 14, 2013 

Ohio Governor wants tax on newspapers

Ohio Gov. John Kasich's new tax overhaul plan, which includes expanding sales taxes to services like tax preparation, accounting and legal services, would also apply sales taxes to newspapers.

 2012 Review of TaxWorks Tax Planner

November 1, 2012 

2012 Review of TaxWorks Tax Planner

RedGear Technologies — TaxWorks Tax Planner800-230-2322www.taxworks.com From the October 2012 review of professional tax planning systems. Best Fit: Small tax-focused practices using TaxWorks who want an integrated tax estimation and scenario testing tool that can help clients prepare for potential liability changes. Strengths:• User friendly interface• Adjustable inflation projections• Affordable price-point• Direct integration with TaxWorks...…

Isaac M. O'Bannon

Subscribe for free to get personalized daily content, newsletters, continuing education, podcasts, whitepapers and more...