gosystems tax software

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 215+ amazing fundraising ideas for your organization CPE Sponsors. Protect your data with multiple layers of security, including network security, virus protection, encryption schemes, and more. Enhance your tax workflow experience with Thomson Reuters Professional Services and Thomson Reuters Partners. Our latest Future of Professionals Report examines how AI technology is transforming professional work, highlighting key findings and recommendations.

CS Professional Suite & Onvio

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. Tackle the most complex tax returns, such as multitiered consolidated return processing for corporations and partnerships. 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 bank reconciliation 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. 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.

Easy access is provided for all tax organizers, and the product supports multiple monitors for easy form preparation. 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 returns, and tax equalization returns, easily handling individual returns as well. 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. GoSystem Tax RS from Thomson Reuters is part of the CS Professional Suite of applications designed for accounting professionals and corporate tax departments alike.

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

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. 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 …

Practice management & growth

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.

Users also have easy access to numerous online tools and resources by accessing the Customer Center. Here, users can manage their account, access and download product enhancements, access the toll-free support center or begin a chat support session. The Help and How-To-Center offers access to support options for all CS Professional Suite modules, and users also have access to a searchable knowledgebase. Training options vary, and include web, classroom, custom training, and on-demand training, with some training suggested prior to using the application.

gosystems tax software

Legal data & document management

GoSystem Tax RS offers solid help functionality, with users able to access help directly from any user interface screen. There are a variety of online tools and resources available including an online community, where users can share information and ask questions of fellow users. Users can also access product support via the support page, or by using the toll-free number provided. GoSystem Tax RS is the go-to option for larger firms that routinely process complicated, multi-faceted returns for their clients.

  1. 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 …
  2. 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.
  3. Integration with the optional Go-Tracker module allows users and administrators to log time, monitor vital dates, set milestones, and track tasks, helping to improve overall firm workflow while also ensuring that a vital due date is not overlooked.
  4. The application also offers top-notch integration with other CS Professional Suite applications that increase functionality tremendously.
  5. 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.

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. 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. 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 has a minimalist approach, using intuitive user entry screens that are populated only with necessary features and functions.

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 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 accounting tips and guides for beginners 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.