GoSystem Tax RS Professional Income Tax Software
The Most Sophisticated Income Tax Software in the Profession
Used by 9 of the top 10 accounting firms in the United States and ONESOURCE Income Tax—the market leader for corporate tax departments—GoSystem Tax RS uses the same tax preparation interface for corporate and partnership returns, allowing firms to offer staff augmentation services to many of the largest corporate tax departments.
A reliable solution for more than 15 years
GoSystem Tax RS has offered a web-based solution since its commercial release in 1999. Today, GoSystem Tax RS continues to be at the forefront of web-based efficiency enabling reduced costs and iron-clad security to ensure client data is safe. GoSystem Tax RS also offers a wide array of web services to facilitate custom integration and unparalleled automation.
Integration with other Thomson Reuters products
GoSystem Tax RS provides trial balance integration using the standalone Trial Balance Bridge—via integration with Accounting CS and other software, as well as spreadsheet imports using the Trial Balance Bridge.
This professional income tax software is fully scalable to your needs, which means deploying and tackling the most complex tax returns—including multi-tiered consolidated return processing for corporations and partnerships—is easy throughout even the largest firms.
Quick and easy reviews
The SubView module in GoSystem Tax RS provides an itemization of member amounts for each line of a consolidated return—as well as a way to open directly into member returns from the consolidating return—which makes reviewing even the most complicated consolidated filings a breeze.
Insurance returns including both 1120L (Life Insurance) and 1120PC (Property & Casualty Insurance returns)—as well as Consolidated and Mixed Group filings of one or both—have never been easier or more efficient than with GoSystem Tax RS.
Multi-state processing becomes less of an exercise in management by exception, as all states are included with the purchase of each federal return.
Multi-user, concurrent write access
With this convenient feature, you can easily divide the labor of a team of specialists in the firm across a single return, simultaneously, such as allowing a depreciation specialist to work on asset entry while another preparer works elsewhere in the federal return, or dividing up a number of state filings across several SALT specialists.
Other GoSystem Tax RS benefits
Multi-location and privilege capabilities any time, anywhere.
Unrivaled process flexibility, with the option for full import and export automation.
A wide array of web services to facilitate automation and third-party integration within mixed-suite environments.
Serves clients filing all return types—including multi-tiered consolidated corporate returns, life insurance returns (including mixed group filings) and tax equalization returns.
Allows collaboration with other firms or corporations, for multi-national corporate filings.
Expansive import/export capabilities
GoSystem Tax RS features expansive import/export capabilities—including the GoSystem Tax RS Excel Add-In, which allows the push of mapped data directly into corresponding tax returns from within Excel—and support for data import/export via .DIF file throughout the majority of the product.
GoSystem Tax RS remains the only professional solution capable of, for certain return filings, generating the entirety of a tax return (e.g. 1040-NR, 990) from scratch, using an imported data file.
Custom tax equalization module
The custom tax equalization module puts an end to the cumbersome manual spreadsheets used in the equalization process for expatriates working abroad, including over 20 return templates, 11 statement formats and gross-up calculations for many states.
Product Brochure: GoSystem Tax RS
A Sophisticated Tax Compliance System
Find out why GoSystem Tax RS is used by 9 of the top 10 accounting firms in the U.S.
"GoSystem Tax RS has unmatched web-based tax processing power in a secure online environment and is fully scalable to meet needs of any size organization. GoSystem Tax RS offers a wealth of features to enhance and maintain productivity…"
You May Also Be Interested In
GoFileRoom is a web-based, scalable document management solution that allows you to easily manage large document sets and client lists. You can view, edit, and share documents anytime, from anywhere in the world.
AdvanceFlow is the first audit management application that combines the convenience of the cloud with enterprise-level processing power. Real-time engagements, workpapers, and colleagues are available with just a click, even for the most complex clients and the most data-intensive jobs.