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. GoSystem Tax RS does not currently offer a portal directly within the application, though it does integrate with the NetClient CS Portal. The portal offers easy document exchange between clients and firms, with clients provided secure access to the portal, where they can upload or download documents at any time. Data importing options are also outstanding in GoSystem Tax RS, with users able to import data from just about any accounting system.
Integrate GoSystem Tax with the rest of your application tech stack
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. 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. 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.
Firm Edition / Global 7
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 stockholders equity 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. The product also integrates with Practice CS, Fixed Assets CS, and Planner CS, as well as NetClient CS.
- Implementing GoSystem Tax APIs is as easy as picking from our standard out of the box and ready to go solutions with no developer experience needed.
- GoSystem Tax RS makes good use of tax organizers, allowing users to access the client organizer or the tax forms.
- Training options vary, and include web, classroom, custom training, and on-demand training, with some training suggested prior to using the application.
GoSystem Tax RS pricing is dependent on firm needs, and starts at around $4,000 per year for a single user. Users can also navigate directly to a specific form using the QuickForm feature, with links available 3 ways to calculate the dividend payout ratio 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. If errors are found, corrections can be made directly in the organizer, with the option to refresh the return to reflect the changes. Those using Thomson Reuters GoFileRoom or FileCabinet CS can automatically save the completed return directly without leaving the application.
Customs & duties management
Electronic filing is available for federal and state forms, and the product easily handles multi-state returns. In addition, users can create an unlimited number of tax scenarios for their clients over any number of years, including both resident and nonresident tax liabilities. Easy integration with CS Professional Suite applications means that firms have access to an unlimited number (sold in bundles of 1,000) of base portals through NetClient CS for a flat monthly fee. It also allows clients to easily share confidential documents via the portal, making it much easier to obtain vital information from clients. GoSystem Tax offers an intuitive user interface with the ability to customize the interface to better suit their needs.
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. Tax return assembly & delivery automation for individual and entity returns, with a superior client experience. 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. See how GoSystem Tax RS provides a sophisticated web-based system that provides the power to handle your most complex tax scenarios. Process individual, corporate, and partnership returns with timesaving tools, such as the Allocation and Apportionment module.
GoSystem Tax RS from Thomson Reuters is best suited for mid-sized to larger firms that process complex returns for larger organizations and individuals. One of the earliest tax compliance solutions to offer a web-based solution, GoSystem Tax RS has … 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. five steps to handling employee complaints explained 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.