Enhance Your Productivity ProSystem fx ® Planning simplifies your tax planning and helps you become more productive. Your staff will be up and running in no time thanks to tutorials, tooltips and a convenient help system that makes it easy to set personal preferences for each workstation and password-protect sensitive files. This year, start your planning with base-year amounts already set up by importing pertinent data directly from ProSystem fx ® Tax. Not only will your staff be able to include detail transactions or amount totals, they will benefit from: z Expanded State Content — Default state tax rates, deductions and exemptions are now programmed for all state income taxing authorities, plus the District of Columbia and New York City. z Expanded Years — Customize up to 10 years of data for each tax scenario: Including the prior year, current year and 8 projection years. z Forecasts — Forecast and compare up to 30 different tax scenarios with 8 years of projection data per plan. z Plan Variance Option — Easily pinpoint plan differences by percentage or dollar amounts. z Automatic Calculation Feature — Simply enter data for instant calculation. z Navigation Bar — Quickly navigate directly to the input grids and tax worksheets with the Navigation Bar. z Spreadsheet-Style Interface — Enjoy an intuitive, easy-to-use interface based on standard Microsoft ® Windows ® functions and features for a reduced learning curve. Use the Expand boxes available on many input grids to drill down to more specific data input. z Integration — Take advantage of seamless integration with ProSystem fx and Global fx ® . z Calculator — Conveniently perform calculations onscreen. z PDF Printing Options — Print your plan forecasts such as worksheets, input grids, plan summaries, plan reports and estimates to a PDF. Engagement binder. Comprehensive Tax Capabilities Save hours of valuable time with ProSystem fx Planning’s comprehensive features, such as: z Complete federal tax calculations including: z Regular tax z Alternative Minimum Tax (AMT) z Capital gains tax z Underpayment of estimated tax penalty z Tax on lump-sum distributions z Tax on premature distributions from IRAs or other retirement plans z Farm income averaging tax z Complete calculation of the deductibility of IRA, SIMPLE, SEP, and KEOGH contributions. z Updated provisions from the Affordable Care Act including: z Net Investment Income Tax calculations and worksheet. z Additional Medicare Tax calculations and worksheet. z Phase-out calculations for itemized deductions, personal exemptions and AMT exemption for high-income taxpayers. z All filing status calculations. z Extensive limitation and carryforward calculations. z Complete federal estimated tax and penalty calculations, including the ability to produce estimate payment vouchers. z Integrated state tax computations as follows: z Calculation of state tax based on pre-configured or user- defined data. z Pre-configured state tax rates, deductions, exemptions and credits for all individual income state taxing authorities. ProSystem fx ® Planning Streamline Tax Planning Engagements and Quickly Review Multiple Tax Scenarios
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Enhance Your Productivity ProSystem fx® Planning simplifies your tax planning and helps you become more productive. Your staff will be up and running in no time thanks to tutorials, tooltips and a convenient help system that makes it easy to set personal preferences for each workstation and password-protect sensitive files.
This year, start your planning with base-year amounts already set up by importing pertinent data directly from ProSystem fx® Tax.Not only will your staff be able to include detail transactions or amount totals, they will benefit from:
zz Expanded State Content — Default state tax rates, deductions and exemptions are now programmed for all state income taxing authorities, plus the District of Columbia and New York City.
zz Expanded Years — Customize up to 10 years of data for each tax scenario: Including the prior year, current year and 8 projection years.
zz Forecasts — Forecast and compare up to 30 different tax scenarios with 8 years of projection data per plan.
zz Plan Variance Option — Easily pinpoint plan differences by percentage or dollar amounts.
zz Automatic Calculation Feature — Simply enter data for instant calculation.
zz Navigation Bar — Quickly navigate directly to the input grids and tax worksheets with the Navigation Bar.
zz Spreadsheet-Style Interface — Enjoy an intuitive, easy-to-use interface based on standard Microsoft® Windows® functions and features for a reduced learning curve. Use the Expand boxes available on many input grids to drill down to more specific data input.
zz Integration — Take advantage of seamless integration with ProSystem fx and Global fx®.
zz Calculator — Conveniently perform calculations onscreen.
zz PDF Printing Options — Print your plan forecasts such as worksheets, input grids, plan summaries, plan reports and estimates to a PDF. Engagement binder.
Comprehensive Tax Capabilities Save hours of valuable time with ProSystem fx Planning’s comprehensive features, such as:
zz Complete federal tax calculations including:
zz Regular tax
zz Alternative Minimum Tax (AMT)
zz Capital gains tax
zz Underpayment of estimated tax penalty
zz Tax on lump-sum distributions
zz Tax on premature distributions from IRAs or other retirement plans
zz Farm income averaging tax
zz Complete calculation of the deductibility of IRA, SIMPLE, SEP, and KEOGH contributions.
zz Updated provisions from the Affordable Care Act including:
zz Net Investment Income Tax calculations and worksheet.
zz Additional Medicare Tax calculations and worksheet.
zz Phase-out calculations for itemized deductions, personal exemptions and AMT exemption for high-income taxpayers.
zz All filing status calculations.
zz Extensive limitation and carryforward calculations.
zz Complete federal estimated tax and penalty calculations, including the ability to produce estimate payment vouchers.
zz Integrated state tax computations as follows:
zz Calculation of state tax based on pre-configured or user-defined data.
zz Pre-configured state tax rates, deductions, exemptions and credits for all individual income state taxing authorities.
ProSystem fx® PlanningStreamline Tax Planning Engagements and Quickly Review Multiple Tax Scenarios
Enjoy the Benefits of an Integrated SystemWe’re fortunate to rely on the same in-house CCH experts who deliver timely explanations and analysis on federal and state legislative developments to our research customers through IntelliConnect®. Their tracking of legislation and detailed knowledge allows us to update our ProSystem fx Planning software very quickly.
ProSystem fx Planning brings other advantages as part of the ProSystem fx® Suite, dramatically expanding its usefulness. For instance, data can be imported directly from ProSystem fx Tax. Your plan information can be printed into a PDF file and included in a ProSystem fx Engagement binder.
With the intuitive, easy-to-use interface based on standard Windows® functions and features, Planning is easy to learn and compatible with the entire line of Microsoft® Office products.
Putting ProSystem fx Planning to work in your firm will expand your firm’s reach with new services and customized reports.
Training and Consulting Options to Fit Your NeedsCCH also offers valuable training, consulting and CPE to keep you ahead of the curve. From live training and consulting, to on-demand online learning, CCH provides the tools that everyone, from new hires to seasoned pros, needs to strengthen their abilities. CCHGroup.com/Learning to learn more.
All trademarks and copyrights are property of their respective owners.©2014 CCH Incorporated and/or its affiliates. All rights reserved.
For More Information CCHGroup.com/ProSystemPlanning 800-PFX-9998 (800-739-9998)
5/14 2014-0027-21
ProSystem fx® Planning
ProSystem fx Planning has an intuitive spreadsheet-style interface that enables you to quickly review multiple tax scenarios and optimize your 1040 tax planning activities.
For More Information in Canada www.cch.ca/ProSystemTax
1-800-268-4522
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