ProSystem fx® Tax Deferred Compensation System From CCH — the company that truly understands your needs
ProSystem fx® Tax Deferred Compensation System is a compliance product that will help your firm follow the Department of Labor Requirements – easily and electronically. A robust list of forms and schedules is at your fingertips, all in one place, helping to increase your productivity.
ProSystem fx Tax Deferred Compensation System:
Produces fileable forms that are fully compliant with Department of Labor Requirements
Allows for federal electronic filing
Prepares Summary Annual Reports for Form 5500
Prepares any combination of government schedules for each plan within a return
Exempt Organization
Offers new ‘modernized’ e-file for Federal Form 990, 990-PF, and 990-EZ returns and Form 8868 Extension
Provides extensive Form 990 processing, including 990-EZ, 990-PF, and 990-T.
Provides flexible and comprehensive preparation of Estimated Taxes.
Provides annualized income and adjusted seasonal installment methods for computing Underpayment of Estimated Tax Penalty.
Allows flexible adjustments and options for reconciling balance sheet discrepancies.
Includes an “automatic sales feature” that transfers depreciation to all applicable forms.
Automatically calculates proxy tax on Forms 990 and 990-EZ and carries it to Form 990-T.
Handles state depreciation capability if different.
Dynamically links with ProSystem fx Engagement, our full-featured trial balance and paperless engagement system.
Allows transfer of depreciation and asset disposition information to and from ProSystem fx Fixed Assets.
Provides Form 4720 for automatic calculation of excise taxes on undistributed income and excess lobbying expenditures.
ProSystem fx Tax is one of the CCH core products. As such, ProSystem fx Deferred Compensation works with your existing programs and tools by integrating with ProSystem fx:
