2018 Review of GoSystem Tax RS From Thomson Reuters
You’ll also see how MyTaxInfo virtually eliminates transcription errors, ensures accuracy, improves speed and efficiency, and how it can be customized for yield to maturity ytm 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. Review consolidated filings with the SubView module, which itemizes member amounts for each line of the return. Tax return assembly & delivery automation for individual and entity returns, with a superior client experience. See how GoSystem Tax RS provides a sophisticated web-based system that provides the power to handle your most complex tax scenarios. CPA Practice Advisor is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.
Used by the top 100 CPA firms, Thomson Reuters GoSystem Tax RS is the market leader for corporate tax departments. The software serves clients filing all return types — including multitiered consolidated corporate returns, life insurance returns (including mixed group filings), and tax equalization returns. Because all work is handled online, you’ll pay less in maintenance costs, face fewer storage issues, and rest easy with assured business continuance. GoSystem Tax RS is optimally designed for mid-sized to larger accounting firms that handle a variety of complex returns for their clients.
Risk & compliance management
Data can also be imported directly to the application from a variety of applications if necessary. Users can also navigate directly to a specific form using the QuickForm feature, with links available to choose from numerous form options. Once a return is completed, users have the option to preview the return for errors or omissions. GoSystem Tax RS supports multiple monitors, making it easy to view various sections of a return simultaneously.
Quick and easy reviews
- GoSystem Tax RS supports multiple monitors, making it easy to view various sections of a return simultaneously.
- The program also includes diagnostic messages that help to pinpoint return inconsistencies and errors.
- Completely online, GoSystem Tax has an intuitive user interface that is easily navigated, and offers easy access to organizers, as well as multiple views.
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 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 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.
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GoSystem Tax RS offers an excellent selection of help and support options, with users able to access help files from any screen in the application. A variety of online tools and resources are also available to users through the password protected website, including access to a robust user community. Users can also utilize the Help and How-To Center for access to a searchable knowledgebase as well as the GoSystem Tax RS support page, which includes access to product updates and travel agency accounting new releases, as well as detailed user training information.
The Help and How-To Center offers support options for all modules, along with a searchable knowledgebase, user guides, and various training options, which include web, classroom, custom, and on-demand training. 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.
Diagnostic messages are available throughout the application and users can click on any line in a completed return to view a complete audit trail for the amount entered. 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 490 west end ave in upper west side in order to minimize tax liability. 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 … GoSystem was one of the first tax compliance software applications to offer an online accessible tax compliance application, with firms able to choose accessibility through an online virtual office or to access GoSystem Tax RS as a SaaS application. Though offered online exclusively, users can work online or off-line, with all data entered quickly uploaded once an online connection is re-established.
