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Income Tax PlannerThe most trusted, widely used tax planning software.pro.bloombergtax.comPhoto Source: Morsa Images Via: iStockphoto.com
Makes Tax Planning Effective,Accurate, Efficient.Analyzing the full, potential tax implications oflife and financial changes such as marriage, Rothconversions, retirement, and stock sales is the corevalue of effective tax planning. Yet it’s easy to getbogged down creating, comparing, and analyzingwhat-if scenarios.With Income Tax Planner you can accurately andefficiently show clients what their tax situationlooks like with in-depth analysis and comparisonof multiple side-by-side scenarios. Calculations,analytics, and regulatory compliance are allhandled automatically, with greater peace of mindthan using spreadsheets, tax preparation software,or traditional financial planning packages.Bloomberg Tax & Accounting’s renowned taxexpertise is built right into the software, providingyou the most up-to-date, comprehensivecalculations and projections. With Income TaxPlanner you’ll increase your productivity, andattract and retain clients, while helping them buildand preserve wealth.“Income Tax Planner is one of themost powerful and comprehensiveplanning systems available, providingextensive features and givingprofessionals a wide array of planningand projection tools.”CPA Practice Advisor5-Star RatingAchieve Greater Productivity,Reduce Clients’ Tax Burden.As the leading federal and state tax planningsoftware, Income Tax Planner is instrumental inhelping firms of all sizes — from sole practitionersto the Big Four — accurately project and presenteffective plans to minimize tax burdens.No other solution expertly handles simple tocomplex tax scenarios and provides the completepicture of tax liabilities, such as the Net InvestmentIncome Tax, and savings opportunities. OnlyIncome Tax Planner provides seven differentmodes of analysis. You can look at multiple taxsituations for the same year, or forecast taxes forup to 20 years. Specify the variables you want tomodel and you’ll have instant results and insightinto which strategy is most tax advantageous foryour client.With Income Tax Planner you can: Be confident that calculations are accuratewith our built-in tax expertise Have the flexibility of either a desktop orweb-based product Expertly perform what-if scenario planningand detailed analysis Improve client visibility with a multiyearview of their tax situation Effortlessly and confidently be up to dateon all tax law changes; Income Tax Planneris consistently first to market among thecompetition with tax law changes Increase the efficiency and effectivenessof your practice“Income Tax Planner enables me to givemy clients clarity and vision. When Iproject a year’s taxes, I use it rather thanplugging in a specific rate, so I know thereal tax.”Charles Sarowitz,Sarowitz Milito & Co.
Income Tax PlannerYear-end, quarterly, and multiyear projectionsAccuracy and ComprehensivenessYour Practice Can Depend On.From determining whether a client should take allthe profits from a business sale upfront or overseveral years to identifying penalty-avoidanceopportunities on stock sales, Income Tax Plannerlets you speed up and ensure accuracy in everyaspect of tax planning.Features such as automatic capital gains,estate, and kiddie tax calculations; farm incomeaveraging; retirement planning; automatedhandling of limitations, phaseouts, and carryovers;and integration with commonly used taxpreparation systems are just a few of the reasonsmore professionals rely on Income Tax Planner tohelp decrease and defer tax liabilities and prepareclients for the future.Rock-solid calculations back to 1987 cut throughnumber crunching to save you time and errors.Income Tax Planner quickly calculates federal,state, and nonresident income taxes for alternativeminimum tax (AMT), capital gains, estimated taxpayments, stock options, and more.Fast, accurate tax projections provide clientswith the insight they need for reliable decisionmaking. Income Tax Planner makes it easy to runyear-end, quarterly, and multiyear projections forup to 20 years so clients can take action now tominimize their future tax liability.What-if scenarios let you easily create multiplescenarios and compare side-by-side “what-ifs”to determine the best long- and short-termtax saving strategies. Drill-down capabilities,for example, show how to manage the taxramifications of marriage, divorce, and real estatetransactions.In addition, a W-4 Worksheet allows users tocalculate the amount of withholding needed forthe remainder of the year, optimize exemptions,plan for additional withholdings, and estimate theimpact of life changes.“Has definitely paid for itself, in clientsatisfaction and tax savings.”Kelli CoxOsborne Rincon CPAs
Income Tax PlannerExpert analysis that’s backed by Bloomberg Tax& Accounting’s trusted team of tax, accounting,and legal analysts. Income Tax Plannerautomatically interprets and applies applicabletax laws, providing comprehensive guidance tohelp you minimize your clients’ state and federaltax liabilities.Insightful client presentations take advantage ofeasy-to-produce letters, graphs, and reports thatgive clients the detail and understanding to clearlysee options, weigh the pros and cons of differentstrategies, and better manage their tax liability.Reliable tax law updates allow you to quicklyshow clients the impact of regulatory changes ontheir tax positions and provide peace of mind,knowing you’re always working with up-to-datecalculations based on the most current tax lawsand analysis. Our team continuously updates theprogram for tax law updates.Easy data import saves time and reduces dataentry errors via data bridges that are availableto transfer client data from commonly used taxpreparation software, including Lacerte, CCHProSystem fx & CCH Axcess, UltraTax CS, andGoSystem, directly into Income Tax Planner — anda two-way exchange links data between IncomeTax Planner and Word or Excel.Getting StartedThe tax experts at Bloomberg Tax & Accountingcan help you get up to speed and be immediatelyproductive with Income Tax Planner.Flexible Training Custom and online courses Taught by trained accountants and CPAs Curriculum-based training is NASBA-CPEaccreditedIndustry-Leading Support Free, unlimited technical support using ourtoll-free number (800.424.2938) or by emailingadvantagesupport@bloombergtax.com Knowledgeable technical and subject matterexperts Comprehensive, fully indexed user and taxreference materials“Our value add for this service isincredible.”Bernard N. AckermanCPA, P.A.
Income Tax PlannerProductsMore than 30 years of unmatched performanceand reliability has formed the solid foundationfor the Income Tax Planner products. Theseleading software solutions are designed to helpyou prepare effective tax plans in less time withgreater accuracy.Income Tax PlannerDelivering expertise you can trust, Income TaxPlanner is an effective, efficient, and accuratesoftware solution as well as the most respectedname in income tax planning.Relied upon by tax, financial planning, and legalprofessionals in firms of all sizes, Income TaxPlanner can help you save time, ensure accuracy,streamline the federal income tax planningprocess, and minimize your clients’ tax burden.Income Tax PlannerWith Fifty StatesOptional Fifty State Planner provides timely,reliable calculations for federal and all residentstates; New York City; Washington, D.C.; and allnonresident states. It has the ability to project upto 19 nonresident states for any given client.“Income Tax Planner Web not onlyhelps clients ascertain their tax statusvia analysis and comparison for federaland resident states, but its web-basedplatform helps reduce IT and techinfrastructure costs.”Income Tax Planner WebExtra Power and SavingsAlways accessible, always in compliance, andwith anytime, anywhere web access to the mostaccurate, up-to-date calculations and analysis.Increased productivity means powerful search,document storage, and file sharing capabilitiesthat save time and simplify client management.Lower capital and operational costs withautomatic updates and backups, no software toinstall or maintain, and no additional investment inserver hardware required.Secure data with roles-based permissions, usagehistory tracking, and SOC 1 compliance. Tofurther safeguard valuable information, IncomeTax Planner Web is hosted in a SOC 1 compliantfacility that uses industry-leading security andvulnerability utilities for the utmost protection.Build projections in the software without the needto include client PII.Minimize the learning curve with QuickStarttemplates. These pre-populated, scenario-basedworksheets with detailed tutorials provide a jumpstart for new users, and save time for old pros. Calculate estimated taxesMinimize Net Investment Income taxDetermine residential rental income or lossAnalyze joint, separate, or divorce filingsDispose of Incentive Stock OptionsRoll over traditional IRA to Roth IRAAccounting TodayTry Income Tax Planner today visit pro.bloombergtax.com/individual-tax-solutions/or call 800.424.2938 (option 2) to request a trial.
About Bloomberg Tax & AccountingBloomberg Tax & Accounting provides comprehensiveglobal research, news, and technology services enablingtax professionals to get the timely, accurate, and in-depthinformation they need to plan and comply with confidence.Our flagship platform combines the proven expertise andperspectives of leading tax practitioners in our renownedTax Management Portfolios with integrated news from theindustry-leading Daily Tax Report , authoritative analysisand insights, primary sources, and timesaving practicetools. Bloomberg Tax & Accounting technology solutionson our proprietary Advantage platform help professionalssimplify complex processes to better control risk andmaximize profitability.To learn more, contactyour Bloomberg Tax &Accounting representative,call 800.372.1033, orvisit pro.bloombergtax.com1801 South Bell Street, Arlington, VA 22202 2020 Bureau of National Affairs, Inc. All rights reserved.0520MKT 24411
Income Tax Planner Delivering expertise you can trust, Income Tax Planner is an effective, efficient, and accurate software solution as well as the most respected name in income tax planning. Relied upon by tax, financial planning, and legal professionals in firms of all sizes, Income Tax
