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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. A variety of data can be imported including a trial balance, a client organizer, and tax forms. 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.
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 software is used by almost over 100 CPAs and is best recommended to facilitate the process of filing a tax return.
Risk management & investigations
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. 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.
Integration with Checkpoint, PPC Deskbooks, and Partner Bridge is also available. 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. Tackle the most complex tax returns, such as multitiered consolidated return processing for corporations and partnerships.
- 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.
- Review consolidated filings with the SubView module, which itemizes member amounts for each line of the return.
- Select your product below to explore product help, discover frequently asked questions, and connect with our support team.
The company named Thomson Reuters uses its intelligence and technological know-how to assist professionals in areas of law, tax, compliance, government, and media. Tax return assembly & delivery automation for individual and entity returns, with a superior client experience. Process individual, corporate, and partnership returns with timesaving tools, such as the Allocation and Apportionment module. See how GoSystem Tax RS provides a sophisticated web-based system that provides the power to handle your most complex tax scenarios. See how GoSystem Tax RS provides a sophisticated web-based system that provides the power to handle your most complex tax scenarios. Live APIs are currently available for the following tax forms, 990, 1040, 1041, 1065, and 1120.
GoSystem Tax RS has a minimalist approach, using intuitive user entry screens that are populated only with necessary features and functions. GoSystem Tax RS makes good use of tax organizers, allowing users to access the client organizer or the tax forms. The QuickTrack feature offers access to organizer details, with a series of links available for quick access to a particular area within the organizer. 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. For more complex tax workflows, we offer the ability to customize an API solution that fits your business best.
Peter Walker of Berkowitz Pollack Brant shares how the firm used GoSystem Tax APIs to automate one-time data entry for 1065 federal engagements. Integrate with partners such as HubSync to automate, simplify, and streamline the tax process for your firm. Create integration with your own applications by embedding the GoSystem Organizer and Tax Form view in an interactive iFrame.
What Is A GoSystem Tax Solution?
It is considered to be one of the leading markets in the corporate sector of the tax department. Taxpayers usually find it difficult to collect documents and file the return, likewise, professionals filing the tax returns find it difficult to manage their jobs. To facilitate the process of filing a tax return, Thomson Reuters introduced the GoSystem Tax Solution. This tax solution is one of the most comprehensive tax preparation software aimed to assist professionals in making tax returns and aiding the process of filing tax returns.
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 Tax APIs enable you to automate tax workflow processes related to e-Filing, printing, and importing/exporting tax return data. Save time on return filing by letting our solutions import in real time hundreds of partners into a partnership return or update a specific value within the tax return using live APIs. 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.
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. 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.
Cryptocurrency tax reporting software that streamlines the compliance workflow process. Review consolidated filings with the SubView module, which itemizes member amounts for each line of the return. Protect your data with multiple layers of security, including network security, virus protection, encryption schemes, and more. Find all the help you need, right here — including technical support, training, and advice from other Thomson Reuters Onvio customers like you. The sole purpose of GoSystem Tax Solution is to help professionals advance their business and gain competitive advantages with the trusted knowledge base that is provided by Thomson Reuters. Our continued learning packages will teach you how to better use the tools you already own, while earning CPE credit.
GoSystem Tax RS pricing is customized for each firm, starting at around $4,000 annually for a single-user system. GoSystem Tax RS from Thomson Reuters is part of the CS Professional Suite of applications. 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 as a SaaS application. The product also works offline, with data synching with the core application upon reconnection. Used by the top 100 CPA firms, Thomson Reuters GoSystem Tax RS is the market leader for corporate tax departments.
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 new releases, as well as detailed user training information.
Discover ways to put these APIs to work in your firm
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. Select your product below to explore product help, discover frequently asked questions, and connect with our support team. Beginning July 31, 2023 Thomson Reuters has extended its support options to include global shared service centers located outside the United States to service you. GoSystem Tax Solution is a tax preparation software created by the company Thomson Reuters.