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Thomson Reuters Announces Results and Performance Indicators of 2014 UltraTax CS

Thomson Reuters today announced results of the 2014 UltraTax CS tax preparation software. The performance indicators reflect our commitment to providing the most complete, on-time, and e-file capable system available to tax practitioners today.

2014 UltraTax CS included new features that were based on both user insights and the changing needs of the profession, providing practitioners with streamlined installation and seamless updates to guarantee that they meet new state and IRS requirements.

UltraTax CS also helped to advance the profession through collaboration with government, working directly with state tax departments to expand their e-filing capabilities.  In addition, all 2014 UltraTax CS e-file systems were approved and published ahead of the agency activation date.

“We are proud of our commitment to our customers and continuously strive to incorporate user insights into our software, ensuring that our users have access to the latest technologies and the most comprehensive, convenient, and efficient tax preparation software on the market,” said Jordan Kleinsmith, Product Manager, Tax, in the Professional segment of the Tax & Accounting business of Thomson Reuters. “Recent enhancements underscore our dedication to expanding our offerings in order to ensure that UltraTax CS can meet filing requirement needs of all kinds and for all customers.”

Users of Thomson Reuters 2014 UltraTax CS enjoyed the latest customer-suggested enhancements, such as business organizers, maximum filing capabilities, e-signatures, more than 50 new calculating forms and worksheets, new 1120/1065/1040/1041 return types, client analysis reports, added electronic filing for 16 new states, and more, to help users meet their filing needs for even the most complicated situations.

The CS Professional Suite Ideas Communities are online communities that encourage customers to suggest ideas for new product features and enhancements. Community members vote for and comment on the ideas. There are currently six product communities with over 8,500 active community members. Through the communities, 1,600 ideas have been proposed, and 848 have been directly implemented in Thomson Reuters product releases.