ProSystem fx® Planning Simplify tax planning while improving productivity
Streamline tax planning engagements, quickly review multiple tax scenarios, and expand your professional services with ProSystem fx Planning:
Get up-and-running in no time with tutorials, ToolTips, and a convenient help system
Set up personal preferences for each workstation and password-protect sensitive files
Include detail transactions or amount totals
Start your planning with base-year amounts already set up by importing pertinent data directly from ProSystem fx Tax
Save hours of valuable time with ProSystem fx Planning’s comprehensive tax capabilities, such as complete federal tax calculations, including:
Regular tax.
Alternative Minimum Tax (AMT).
Capital gains tax.
Underpayment of estimated tax penalty.
Tax on lump-sum distributions.
Tax on premature distributions from IRAs or other retirement plans.
Farm income averaging tax.
Complete calculation of the deductibility of IRA, SIMPLE, SEP, and KEOGH contributions.
Phase-out calculations for itemized deductions, personal exemptions, and AMT exemption for high-income taxpayers.
All filing status calculations.
Extensive limitation and carryforward calculations.
Complete federal estimated tax and penalty calculations, including the ability to produce estimate payment vouchers.
Integrated state tax computations as follows:
Calculation of California, New York, and generic AGI state tax based on pre-configured or user-defined data.
Pre-configured state tax rates, deductions, exemptions, and credits for: AL, AZ, CO, CT, GA, ID, IL, IN, KS, LA, MD, ME, MI, MN, MS, MO, NE, NJ, NM, NC, OH, OR, SC, UT, WV.
With ProSystem fx Planning, you'll streamline tax planning engagements, quickly review multiple tax scenarios, and expand your professional services with features and reports such as:
Expanded Forecasts – Forecast up to 30 tax scenarios per plan.
Plan Variance Option – Easily pinpoint plan differences by percentage or dollar amounts.
Automatic Calculation Feature – Simply enter data for instant calculation.
ProSystem fx Planning integrates with ProSystem fx® Tax, allowing you to start your planning with base-year amounts that were already set up by importing pertinent data directly from your ProSystem fx Tax software.
