Tax & Accounting Blog

Affordable Care Act Enhancements

Affordable Care Act Enhancements

We’ve made several Affordable Care Act enhancements for your convenience, including: An Affordable Care Act tab with an Aggregate Groups section in the Setup > Clients screen. Use this tab to group existing clients and other group members to complete Part IV of Form 1094-C. Event tracking for employee information changes and client payroll tax … Read More

Make Sure Your Clients Don’t Miss These Year-End Tax Savings Maneuvers

Make Sure Your Clients Don’t Miss These Year-End Tax Savings Maneuvers

As we get closer to the end of yet another year, it’s time to help clients tie up loose ends and implement tax saving strategies. Of course, every client has a unique tax situation, but here are some strategies to add to your year-end tax planning arsenal. Boost Charitable Contributions with a Donor-Advised Fund. These … Read More

Updated Tax Codes Now Available for Integration with 2015 Tax Applications

Updated Tax Codes Now Available for Integration with 2015 Tax Applications

Tax codes for Accounting CS and CS Professional Suite Accounting have been updated for integration with the 2015 versions of UltraTax CS and GoSystem Tax RS. New tax codes are available for selection in Accounting CS via the Setup > Chart of Accounts screen and the Actions > Enter Trial Balance screen, and in CS … Read More

Finland Requests Comments on Transfer Pricing Documentation Rules and Country-by-Country Reporting

Finland Requests Comments on Transfer Pricing Documentation Rules and Country-by-Country Reporting

On December 21, 2015, the Finnish Ministry of Finance released for public comment a draft bill (the ‘proposal’) to revise the transfer pricing documentation rules and introduce country-by-country (CbC) reporting. The proposal includes CbC, master file and local file requirements, and penalty provisions. The contents of the proposal follow the OECD … Read More

2015 CS Connect™ Update Information for CS Professional Suite® Applications

2015 CS Connect™ Update Information for CS Professional Suite® Applications

We’ve recently released a number of updated tax tables and forms, including: Federal forms 940, 943, 944 and 945 2015 facsimile (blank paper) copies for Forms W-2 Copy A and W-3 A detailed list of updates for payroll tax forms, tax agents and new hire files for version 2015.4.0 is available. Release dates: … Read More