Income Tax — United States Transform your corporate income tax processes into a competitive advantage

Income Tax — United States

The most complete and comprehensive corporate tax solution on the market today

Now you can wield income tax to your competitive advantage through broader calculation options and the personalized support of Thomson Reuters as your business partner. ONESOURCE Income Tax is a solution within the market-leading direct tax suite that simplifies your income tax processes and gives your tax department greater control.

Partner with the established market leader in corporate income tax technology

For 50 years, Thomson Reuters has provided personalized field support and dedicated implementation specialists that tailor the solution to fit your processes and show you where your tax products can work together. Enjoy greater support from a team heavily comprised of former accountants/CPAs to help you rapidly pivot where necessary in response to changing legislation.

Simplify your calculations for easy eFile

Wider calculation options allow you to do more, faster and easier. Simply select the calculations you’d like—eradicating the need for maintenance and manual processes—and you can trust that everything is fully automated.

Once that is complete, ONESOURCE transfers corporate tax return forms and schedules to the IRS electronically. Check status easily from your desktop or from any mobile device with Thomson Reuters ONESOURCE mobile. Rest assured that your corporate tax technology processes more tax returns than any other solution on the market today.

Gain greater control over your data

With less time spent manually collecting data, ONESOURCE Income Tax stores data in one centralized location where it’s readily available in real time, so you can spend your time reviewing and analyzing data while learning about complex issues—ultimately allowing you to make better business decisions.

We’ve got you covered from US federal to state tax returns

Simplify the determination of the US tax benefits derived from international operations with calculations for foreign tax credits, foreign earnings and profits and deemed paid credits. In addition, you can enable federal corporate income tax compliance and preparation while providing a comprehensive tax accounting system for trial balance management.

Stay quick, accurate, and confident with the ONESOURCE Income Tax state functionality. This allows you to quickly collect, calculate and summarize state apportionment factors.

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