Contact CS Professional Suite Support Thomson Reuters

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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. 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. GoSystem Tax RS is well suited for firms preparing multitiered consolidated corporate … GoSystem Tax offers an intuitive user interface with the ability to customize the interface to better suit their needs.

Tackle the most complex tax returns, such as multitiered consolidated return processing for corporations and partnerships. 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. Tax return assembly & delivery automation for individual and entity returns, with a superior client experience. Cryptocurrency tax reporting software that streamlines the compliance workflow process. Process individual, corporate, and partnership returns with timesaving tools, such as the Allocation and Apportionment module.

ways tax professionals should prepare for GenAI expectations

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Easy access is provided for all tax organizers, and the product supports multiple monitors for easy form preparation. 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 facts on the specific identification method of inventory valuation 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.

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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. Another handy feature is the ability to click on any line on a completed tax form to display an audit trail for the amount displayed. Diagnostic messages are also available in the application and users can easily view processing results as they are entered using the auto-compute feature.

Along with the Thomson Reuters applications mentioned above, GoSystem Tax RS also integrates with a variety of third-party applications such as EMC Documentum, SurePrep, and Copanion, which all use OCR processing technology. The product also integrates with QuickBooks, as well as GoTracker, an add-on application that allows managers and administrators to log time, monitor due dates, and set customizable milestones and tasks for system users in order to improve overall firm workflow. Users can also easily access research content from applications such as Checkpoint, PPC Deskbooks, and Partner Bridge. 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.

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  1. GoSystem Tax RS is optimally designed for mid-sized to larger accounting firms that handle a variety of complex returns for their clients.
  2. Diagnostic messages are also available in the application and users can easily view processing results as they are entered using the auto-compute feature.
  3. Tackle the most complex tax returns, such as multitiered consolidated return processing for corporations and partnerships.
  4. 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.

Extended hours (9am to 7pm) are January 2-31 (weekdays; regular hours on January 15) and December 2-30 (weekdays). See how GoSystem Tax RS provides a sophisticated web-based system that provides the power to handle your most complex tax scenarios. Review consolidated filings with the SubView module, which itemizes member amounts for each line of the return.

Integrate GoSystem Tax RS with these products and services to streamline your workflow

GoSystem Tax RS from Thomson Reuters is part of the CS Professional Suite of applications designed for accounting professionals and corporate tax departments alike. GoSystem Tax RS is well suited for firms preparing multitiered consolidated corporate returns, life insurance returns, and tax equalization returns, though the program handles individual returns as well. 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.

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