2019 Review of GoSystem Tax RS from Thomson Reuters - Daddy Tv

GoSystem Tax RS is best suited for larger firms or corporate tax departments who are tasked with preparing complex tax returns for a variety of clients. The application also offers top-notch integration with other CS Professional Suite applications that increase functionality tremendously. GoSystem Tax RS offers an retirement basics excellent selection of help and support options, with users able to access help files from any screen in the application.

GoSystem Tax RS offers complete integration with other CS Professional Suite applications which include Accounting CS, Workpapers CS, Trial Balance CS, Write-Up CS, and both FileCabinet CS, and GoFileRoom, mentioned earlier. Other integrations include AdvanceFlow, a cloud-based audit management application along with Practice CS, Fixed Assets CS, and Planner CS, which allows user to create multiple tax strategies for their clients in order to minimize tax liability. GoSystem Tax RS also integrates with a variety of third-party applications which include EMC Documentum, SurePrep, and Copanion, which all use OCR processing technology. The application also offers seamless integration with QuickBooks products as well as GoTracker, an add-on application that logs time, monitors due dates, and sets customizable milestones and tasks for system users for improved workflow capabilities. GoSystem Tax RS supports both federal and state e-filing, with users able to review, edit, and validate any completed return prior to e-filing. GoSystem Tax RS supports multiple users, making it easy for a team to work on a return simultaneously.

Industry-leading professional income tax software

1. GoSystem Tax RS pricing is customized for each firm, starting at around $4,000 annually for a single-user system.
2. GoSystem Tax RS supports both federal and state e-filing, with users able to review, edit, and validate any completed return prior to e-filing.
3. In this demonstration you’ll explore the processes for MyTaxInfo, and see how it can make the collection of tax information from taxpayers easier and more reliable.
4. Easy access is provided for all tax organizers, and the product supports multiple monitors for easy form preparation.
5. GoSystem Tax RS has a minimalist approach, using intuitive user entry screens that are populated only with necessary features and functions.
6. An auto-compute feature is also available that allows users to easily view results as data is being entered into the system.

GoSystem Tax RS offers excellent integration options, integrating with Accounting CS and Workpapers CS, Trial Balance CS, Write-Up CS, FileCabinet CS, and GoFileRoom, as well as AdvanceFlow, a cloud-based audit management application. Other integrations include Practice CS, Fixed Assets CS, and Planner CS, which allows user to create multiple tax strategies for their clients in order to minimize tax liability. GoSystem Tax RS does not offer a portal, but the product offers easy integration with the NetClient CS Portal, part of the CS Professional Suite of applications. The NetClient CS Portal allows firms to share returns with clients, with clients provided with secure access to the portal, where they can upload source documents and other related information. Data can also be imported directly to the application from a variety of applications if necessary. GoSystem Tax RS supports both federal and state e-filing, with users able to validate returns prior to e-filing.

A good fit for larger accounting firms as well as corporate tax departments, GoSystem Tax RS is equipped to handle the complex corporate returns, life insurance returns, and tax equalization returns, easily handling individual returns as well. Available exclusively online, GoSystem Tax RS was one of the pioneers of online tax compliance, with firms able to access the application using an online virtual office or equity method of accounting asc for investments and joint ventures as a SaaS application. GoSystem Tax RS is optimally designed for mid-sized to larger accounting firms that handle a variety of complex returns for their clients. With extensive integration capability with CS Professional Suite along with various third-party applications, users have access to the data and documentation needed to easily process even the most complicated return. GoSystem Tax RS pricing is customized for each firm, starting at around $4,000 annually for a single-user system.

What you get with our professional income tax software

GoSystem Tax RS is designed to handle more complicated returns, allowing multiple system users to access a single return concurrently. The product also offers a custom tax equalization module that is designed to handle expatriate calculations. The tax equalization module includes more than 20 templates, 11 equalization statement formats, and gross up calculations for a variety of states including AZ, CA, CO, CT, DC, DE, GA, IL, KY, LA, MA, MD, MI, MN, NC, NJ, NM, NY, OH, OK, PA, and SC.

Review of GoSystem Tax RS from Thomson Reuters

Tackle the most complex tax returns, such as multitiered consolidated return processing for corporations and partnerships. GoSystem Tax RS also features an automatic calculation option, allowing users to view return calculations as information is entered with an option to turn the feature off if desired. In this demonstration you’ll explore the processes for MyTaxInfo, and see how it can make the collection of tax information from taxpayers easier and more reliable. You’ll also see how MyTaxInfo virtually eliminates transcription errors, ensures accuracy, improves speed and efficiency, and how it can be customized for your firm and client needs thanks to its complete integration with GoSystem Tax RS. Process individual, corporate, and partnership returns with timesaving tools, such as the Allocation and Apportionment module.

Though offered online 6 best payment gateways for small businesses exclusively, users can work online or off-line, with all data entered quickly uploaded once an online connection is re-established. GoSystem Tax RS also integrates with a variety of third-party applications such as EMC Documentum, SurePrep, and Copanion, all designed to decrease the amount of paperwork needed to process client returns. Users also have easy access to Checkpoint research content as well as PPC Deskbooks from the user toolbar. Also included is the Partner Bridge, which allows firms to create Data Interchange Format (DIF) files automatically when partner information is imported or exported. GoSystem Tax RS has a minimalist approach, using intuitive user entry screens that are populated only with necessary features and functions.

Completely web-based, GoSystem Tax RS offers an easily navigated user interface that supports multiple monitors and allows users to customize the system in order to display frequently used functions. The QuickTrack option allows users to easily navigate to frequently used organizer screens, and QuickForm provides users with a list of all major tax forms on a single screen, where users can then navigate to access the organizer screen they desire. Users also have easy access to numerous online tools and resources by accessing the Customer Center. Here, users can manage their account, access and download product enhancements, access the toll-free support center or begin a chat support session. The Help and How-To-Center offers access to support options for all CS Professional Suite modules, and users also have access to a searchable knowledgebase. Training options vary, and include web, classroom, custom training, and on-demand training, with some training suggested prior to using the application.