Ultra Tax CS

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• Efficient Tax Prep for Accountants and Tax Preparers

UltraTax CS provides accountants with a comprehensive family of professional tax products for increasing tax preparation efficiency. It's 1040 and business tax software that helps you save processing time and complete more returns!

• Automate Your Entire Tax Practice

By combining advanced technology, seamless integration, paperless processing, and the Internet, our tax software enables you to streamline your entire tax practice workflow—from initial client data collection to e-filing of tax returns. The result? You get increased profitability driven by accelerated productivity, more satisfied clients, and the ability to expand your services.

• Complete More Income Tax Returns in Less Time

Offering a full line of federal, state, and local tax programs (including 1040 individual, 1120 corporate, 1065 partnership, 1041 estates and trusts, and full capability for multi-state returns), UltraTax CS is filled with timesaving tools to ease every step of the tax preparation process. With the efficiencies and timesaving you gain, you can do more client returns in less time—without adding staff.

• Electronic Filing for 1040 and Business Entities

UltraTax CS enables electronic filing of 1040, all 1040 states, and 1065, 1120, 1120S, 1041, and 990 returns as well. By working hand-in-hand with the IRS, UltraTax CS helps you file your returns successfully, every time. In fact, UltraTax CS has been named #1 for e-filing acceptance overall for two years running.

• Advanced Technology for e-Filing and More

From e-filing and paperless tax processing to web-based tools (such as web-based Client Organizers and return delivery via private client portal), our state-of-the-art tax software and related tools let you offer convenient service and speed tax workflow from start to finish.

• It's Easy to Switch to UltraTax CS

Our UltraTax CS Transition Program is a special, guided orientation program, designed for new users of UltraTax CS, to help them experience a smooth and effortless transition to UltraTax CS. Our dedicated Transition Team provides assistance at critical steps throughout the process to ensure that your next tax season is as productive and profitable as possible.

• Use the UltraTax CS Home Page to save time with quick links to electronic filing status, product guides, updates, forms approval, and more.

• Full Product Integration

UltraTax CS seamlessly integrates with the CS Professional Suite and other Thomson Reuters products (such as PPC Deskbooks™, and RIA Research on Checkpoint®), so you can achieve zero-time data entry and have instant access to the tax research and guidance you need.

• Exceptional Product Breadth and Depth

With a built-in depreciation module, spreadsheet import, comprehensive calculations, advanced diagnostics, OCR data capture, data mining, efficient review tools, comprehensive state programs, and many other features, UltraTax CS ensures you can handle any return and meet the needs of any client with ease.

Features & Benefits

• Streamline Your Entire Tax Process

Designed specifically for practicing accountants, UltraTax CS offers advanced productivity features that eliminate hundreds of hours of manual effort and save you time on every return. By significantly streamlining your data-entry process, UltraTax CS boosts efficiency and profitability.

• A Convenient Home Page

From this single location in UltraTax CS, you can view pertinent application and tax-related information in real time, including e-file transmission status. Check the status of a tax refund using the new Where's My Refund? link to the IRS.

• Intuitive Navigation

UltraTax CS is organized in a logical file format, so you are never more than one or two mouse clicks or keystrokes from any part of the return.

• Advanced Data Sharing

Receive alerts to share data such as demographic, W-2, 1099R, K-1, and Form 8615 Kiddie Tax data. You can also transfer account balances directly into UltraTax CS from Write-Up CS, and Trial Balance CS.

• Barcode Scanning Utility

For faster tax preparation, UltraTax CS enables you to scan bar codes on 1065, 1120S, and 1041 Schedule K-1s, and barcodes on W2s.

• Web-based Client Organizer

Within secure, private client portals, your clients can access and complete their organizers online 24/7. And, you can import their data directly into UltraTax CS.

• Faster Tax Processing with Optical Character Recognition (OCR) Technology

Integration with FileCabinet CS and the Source Document Processing service enables you to achieve more efficient tax processing. Through optical character recognition technology, you can to assign source data entry tasks to non-professional administrators. The Source Document Processing service pulls in data directly from scanned client source documents and shares it seamlessly with the client's UltraTax CS tax return.

• Checkpoint®

Depending on your Checkpoint subscription, you can link directly from any input screen or line item on a form in UltraTax CS to targeted explanations, guidance and analysis using PPC Deskbooks™, RIA Research on Checkpoint, RIA Reference Guides, and Quickfinder (CD). The Direct Line Finder feature automatically directs you from the field where you are in the tax return to the appropriate area in Checkpoint to support your research needs.

• Tax Subject Index

When you need to enter specific types of data but are unsure of where to enter it, you can access the Tax Subject Index for a list of tax subjects or forms. From this list, you simply type in the category of data you want to enter. UltraTax CS then takes you instantly to the appropriate input screen. You can also access government tax form instructions with a single click when connected to the Internet.

• Comprehensive Diagnostics

Diagnostics in UltraTax CS ensure that you don't overlook any detail. For example, you can monitor selected values while entering data or in review, and UltraTax CS automatically calculates these values for you.

• Customizable Drop-Down Lists

UltraTax CS provides several helpful drop-down lists or field views of commonly repeated entries, such as business codes for specific fields. You can further speed data entry by creating your own custom field views of commonly used information, such as names of local banks or charitable organizations. Once you create these customized lists, they are available for all your UltraTax CS clients across all products and are imported each year when you proforma client data.

• Review Summary

Display a Review Summary of all your client's key amounts, including income items, total tax, amount due, refund, penalties, future year estimates, and diagnostic messages with one click.

• Prior-year View

Easily view field information from the prior year's return with just one click. This is a very helpful feature when you need to make comparisons to previous year's information

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