In this issue

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March 9, 2012 

2012 Review of Thomson Reuters – ONESOURCE Indirect Tax, Sales & Use Tax & VAT/GST

Thomson Reuters – ONESOURCE Indirect Tax, Sales & Use Tax & VAT/GST http://ONESOURCE.ThomsonReuters.com/indirect-tax 888-885-0206   Best Fit: Mid-sized and larger enterprises with sales tax liability across numerous jurisdictions seeking an integrated sales tax rate utility. Organizations who need options for automating the entire end-to-end indirect tax determination, reporting, and compliance filing and remittance functions.  ...…

Isaac M. O'Bannon

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March 9, 2012 

2012 Review of Avalara – AvaTax Calc

Avalara – AvaTax Calcwww.Avalara.com877-780-4848 More about this product is at: www.avalara.com/products/avatax Best Fit:Businesses with sales tax reporting obligations across multiple jurisdictions throughout the U.S. and Canada. AvaTax also supports those businesses that have overseas subsidiaries with single country VAT requirements, and offers transaction processing in over 50 countries, with plans to expand on this capability...…

Isaac M. O'Bannon

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March 9, 2012 

2012 Review of TrustFile Sales & Use Tax

TrustFile, an Avalara Company – TrustFile Sales & Use Tax www.TrustFile.com 877-222-0187   Best Fit: Accounting firms or businesses with transactional tax reporting obligations to multiple states, with built-in e-filing capabilities for 12 supported states.   Strengths: Easy to use and learn Built-in e-filing and online tracking/acknowledgements Ability to produce PDF copies for digital storage...…

Isaac M. O'Bannon

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March 8, 2012 

2012 Review of CCH CorpSystem Sales Tax SaaS PRO

CCH, a Wolters Kluwer business – CCH CorpSystem Sales Tax SaaS PRO – 6995 www.salestax.com 866-513-CORP   Best Fit: Firms or managers overseeing the transaction tax needs and compliance of multiple businesses and who want rates integrated live into the business’ accounting systems. The system is also suited to those with increasingly complex reporting requirements...…

Isaac M. O'Bannon

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March 8, 2012 

2012 Review of BNA Software – BNA Sales & Use Tax Forms & Rates

BNA Software – BNA Sales & Use Tax Forms & Rates – 6406www.BNAsoftware.com800-424-2938 Best Fit:Preparers responsible for mid-sized and larger business sales tax and use tax filings who have broad reporting obligations across multiple, varied jurisdictions. The application also provides comprehensive rates tables which can be imported into many accounting systems. Strengths:• Comprehensive rate tables...…

Isaac M. O'Bannon

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March 8, 2012 

2012 Review of Electronic Sales & Use Tax, Inc. – eFileSalesTax.com

Electronic Sales & Use Tax, Inc. – eFileSalesTax.com – 6036 www.efilesalestax.com 877-584-2309   Best Fit: Accounting professionals responsible for businesses with sales and use tax filing requirements in California, Florida, Illinois, or Colorado seeking an e-file solution.   Strengths: User-friendly web-based system with multi-client management tools. E-filing of returns to each of these states Bilingual...…

Isaac M. O'Bannon

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March 8, 2012 

2012 Review of CFS Tax Software, Inc. – CA & NY Sales Tax Preparer

CFS Tax Software, Inc. – CA and NY Sales Tax Preparer   – 6399 www.taxtools.com 800-343-1157     Best Fit: Preparers responsible for small and mid-sized businesses with multiple locations and reporting requirements in California or New York. Strengths: Very easy to use, and includes automatic system updates Built-in e-filing and payments to California Reports, forms,...…

Isaac M. O'Bannon

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March 7, 2012 

A Look Inside the 2nd Annual Thought Leader Symposium

In mid-February, the second annual Thought Leader Symposium launched in Dallas at the Omni Mandalay with a focus on core issues affecting the profession. This group is comprised of seasoned professionals that live and breathe practice management, technology, and best practices everyday…so there’s definitely something to learn here.

Darren Root, CPA, CITP, CGMA

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March 7, 2012 

2012 Review of Sales and Use Tax Compliance Systems

SU Tax Intro – April 2012  I’ve written about the volatility and challenges of sales and use tax compliance for more than 10 years and, despite movements like the Streamlined Sales Tax Initiative and increased efforts from states to recoup lost tax revenues for their battered budgets, I’ll probably be writing about sales taxes for...…

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March 3, 2012 

The New ‘Fru’

As professionals, it is very easy to have all of our attention taken by the realities of today. The changes in tax laws. New best practices. The needs of our clients. But the reality is that we must also watch the more general trends in society and how they will affect us.

Dave McClure

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March 3, 2012 

How Secure is Your Paperless Process?

Whether using an online service for general data backup and recovery purposes, or using other paperless document utilities, such as online document management systems or workflow productivity tools, there are several security issues that users should be aware of.

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March 3, 2012 

Managing Partner 101 — Just What Exactly is the Job?

  By Gary Adamson, CPA Most of us are thrust into the Managing Partner role in our firms with little or no training or coaching. Who teaches you to be an effective MP? How do you know if you’re performing well? Your partners won’t tell you. If you’re new to the job, do you just...…

Gary Adamson

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March 3, 2012 

Demystifying the IRS

  Simplifying IRS representation services by partnering with the right technology. From the April 2012 Digital Issue. Lisa Richards has been in the tax and accounting game for many years, so she is more than aware of the time investment and frustration that can come with working with the IRS.“Handling IRS issues for clients has...…

Kristy Short