Our Annual Survey says the top 5 T1Plus features are...
1. Integrated family returns
This is our highest scoring feature based on survey results! It gives you the option of including dependent
returns in the same data file as the taxpayer and spouse. Information can be automatically transferred
from the dependent's return to the parents' returns so you're able to calculate the returns together. You save
time and effort by eliminating data re-entry plus it ensures that the family tax situation is automatically
optimized for you.
CANTAX T1Plus can handle every family circumstance. For dependents with no return being filed, you can
record their information directly in the parents' tax returns to calculate applicable credits and deductions
without the bother of a separate data file. And when a family member ceases to be dependent, you can
simply uncouple the dependent's return from the family file into a new data file.
2. Pathfinder – making it easy to find forms
Even a simple tax return can contain a lot of information. Pathfinder tracks and lists data as you enter it.
By clicking on any value in Pathfinder, you can automatically jump to that specific cell for that schedule.
It's a great way to find your way around the return, especially for new users.
Pathfinder also displays last year's data so you have a starting point for entering this year's information.
You can compare this year's data to last year's to see if you're missing anything that was on last year's
return without having to hunt through old printouts.
3. Fast answers with links to tax research
Get answers to your tax questions without leaving the return. Press F1 anytime to view context-sensitive
tax information in the online help. Need more info? Just click on CCH Help for direct access to the related
paragraph in the electronic version of CCH's "Preparing Your Income Tax Returns". Or automatically
launch CCH Tax from the Help menu.
4. Quick Entry – speeds up data inputting
For simple returns, it can be time-consuming to jump to several different screens just to enter a few T-slips.
With the CANTAX Quick Entry feature, you get a single screen that combines the data entry from different
forms quickly and easily.
5. Optimize your returns with no effort
No need to pour over the returns with your calculator to try to figure out which spouse should claim which
deduction or credit. CANTAX T1Plus includes a variety of optimizations, including donations, optional
inventory adjustment and disability amounts. The Medical Expense Optimizer will even determine the
best 12-month period to claim for your clients.
Other CANTAX productivity tools
Competitor Conversions
Save valuable time re-keying permanent information and carry forwards.
|
Word Processor
Customize letters and labels to suit your practice or even create your own.
|
Add Value with the CANTAX Wealth Planner
One of the best ways to keep clients delighted with your services is to add value to the relationship.
The CANTAX Wealth Planner makes it easy to give your clients useful and easy to understand tax-planning
information to help them make better decisions for a variety of situations.
The CANTAX Wealth Planner saves you time by letting you combine information from the completed tax return
with your own estimates and assumptions to generate financial projections for a range of situations.
The heart of the Wealth Planner is the 2007 Tax Planner. It lets you estimate your client's tax liability
and installment requirements for the upcoming year at the click of a mouse from information already
entered in the current return. You can also create multiple tax scenarios for "What if?" planning.
Here are some other helpful calculators included in the CANTAX Wealth Planner:
Lifetime Tax Planner
- Tax Reduction Planner
Investment Tax Planner
- Marginal Tax Rate Planner
- Non-registered Investment Rate of Return Planner
- Pre-tax Income Diversification Planner
Family RRSP/RRIF Investment Planner
- 2007 RRSP Contribution Planner
- RRSP Contribution or Debt Reduction
- RRIF Withdrawal Planner
RRSP Optimizer
- RRSP Loan Planner
Education Savings Planner
- Projected Education Costs
- RESP Savings Growth Chart
Employee Benefits Planner
- Automobiles – Buy or Lease?
- Should your employer provide the car?
|
|
