1120/Corporation Module

• Speeds preparation and review time of your business tax returns with an intuitive worksheet interface and bi-directional Excel templates and workpapers.
• Enables faster on-screen reviewing with Prior Year numbers displayed in worksheet views and grids.
• Links directly to government form instructions at IRS and state revenue department websites which helps you meet tax compliance requirements.

Consolidation Features

• Provides both single and multi-tiered consolidation of business tax returns.
• Includes Disregarded Entities and Single Member LLCs
• Provides both columnar and stacked consolidated supporting statements.
• Allows simple navigation to all returns in a consolidated group through an inter-return navigation feature.

1065 Module

• Allocate any or all distributive share items using time segmented, effective ratio, single/multiple tier, or residual allocation, making tax compliance simple.
• Use amounts, percentages, units or any combination to allocate income, deductions, and other Schedule K-1 items.
• Integrate with Microsoft Excel using powerful K-1 import/export spreadsheet templates.
• Automatically transfer partner interest using percentages or amounts. Cuts the preparation time on your business tax returns significantly and ensures you meet tax compliance requirements.

Extensive State Capabilities

The 1120/Corporation module allows you to produce all estimates, extensions and amended state business tax returns, with comprehensive multiple state processing for any combination of state business tax returns. Entering and reviewing multistate allocation and apportionment data is simple, and integration with Microsoft Excel lets you import and export apportionment spreadsheets, interest and dividend details, capital transactions and more.

G/L Direct         

G/L Direct, a time saving productivity tool, is available with the CorpSystem tax compliance system. G/L Direct helps you:

• Easily convert trial balance information from your accounting system or Excel spreadsheets into 1120, 1065 or 990 returns.
• Save time by handling adjusting and tax journal entries, producing trial balance workpapers, and automatically totaling and classifying information, before linking to the business tax returns.

Take the next step with Global fx

Enjoy the benefit of ASP technology with Global fx, which lets you access ProSystem fx Tax via the Internet. The tax software and return data reside on secure CCH servers anc can be accessed anytime, anywhere. The time and resources formerly required to install, update and maintain software on your local system can be spent meeting your tax compliance deadlines, virtually eliminating IT Department involvement. With redundant back-ups and secure storage, both on-site and off-site, you don't have to worry about catastrophic loss of data, because we always have it.