Tax Planning

 2012 Review of TaxWorks Tax Planner

November 1, 2012 

2012 Review of TaxWorks Tax Planner

RedGear Technologies — TaxWorks Tax Planner800-230-2322www.taxworks.com From the October 2012 review of professional tax planning systems. Best Fit: Small tax-focused practices using TaxWorks who want an integrated tax estimation and scenario testing tool that can help clients prepare for potential liability changes. Strengths:• User friendly interface• Adjustable inflation projections• Affordable price-point• Direct integration with TaxWorks...…

Isaac M. O'Bannon

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October 30, 2012 

The Artistic Side of Tax Compliance: Planning

Are you or your clients suffering from "intaxication?" Understanding the tax code is hard and the penalties can be severe. But a good tax professional can help prepare and even reduce your taxes, if you consult with them before the end of the year.

Isaac M. O'Bannon

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March 28, 2012 

2012 Review of CCH Small Firm Services – ATX

CCH Small Firm Services – ATXwww.atxinc.comPhone: 866-345-4172 Strengths: Compliance for all entities including federal and state plus local forms W-2/1099 and wage reporting options Form and interview-style input Available bundles for Workflow, Research and Accounting functions Integrated AR management and credit card acceptance Potential Limitations: Does not offer client portals or online tax organizers Limited...…

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March 27, 2012 

2012 Review of Drake Software — Drake Tax

Drake Software — Drake Taxwww.DrakeSoftware.com800-890-9500 Strengths: Top-rated live support All-inclusive pricing includes all entities, states, e-filing, tax planning, document management, and write-up system with live & ATF Payroll New online client collaboration system Integration with GruntWorx for paperless and automated tax prep Optional debit card and bank product dispersal of proceeds Multi-office manager sync system;...…

Isaac M. O'Bannon

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August 16, 2011 

Decoding Buffett’s Tax Plan

NEW YORK (CNNMoney) — Warren Buffett is once again begging Congress to tax him more. “My friends and I have been coddled long enough by a billionaire-friendly Congress. It’s time for our government to get serious about shared sacrifice,” the founder of holding company Berkshire Hathaway (BRKA, Fortune 500) wrote in a New York Times...…

Jeanne Sahadi

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November 1, 2010 

2010 Review of Professional Tax Planning Systems

With a tight economy and creeping growth causing more and more Americans to be more miserly in their spending or to at least budget more stringently, they often overlook a potential for significant savings. Or perhaps they don’t think about the potential until it’s too late. Unfortunately, the latter is likely the case because they…