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What is Thomson Reuters ONESOURCE?

The leading tax and accounting software in the industry enables you to optimize your accounting, tax preparation, and reporting tasks effectively, ultimately minimizing the likelihood of facing penalties and audits. Thomson Reuters ONESOURCE tax software keeps you informed about the latest developments in corporate tax and trade compliance, adapting to the ever-evolving landscape of state, federal, and international tax regulations. It enhances collaboration among departments and partners, ensuring that corporate tax compliance and trade compliance are maintained seamlessly, irrespective of your company's geographic presence. Moreover, ONESOURCE stands out as a premier provider in tax compliance and accounting decision-making, offering solutions that are designed to be accessible from various locations for efficient teamwork and information sharing. This flexibility allows users to swiftly transition between locations, ensuring uninterrupted operations. Additionally, the software is scalable to accommodate your company's growth, providing a long-term solution that evolves alongside your needs while being backed by trustworthy research and extensive global coverage. The software's user-friendly interface also contributes to a more intuitive experience for all users.

What is StanfordTax?

StanfordTax utilizes cutting-edge artificial intelligence to streamline the collection and organization of tax information for accounting firms. It effortlessly connects with prominent tax software platforms like CCH Axcess, ProSystem fx, UltraTax, Lacerte, ProSeries, Drake, and ProConnect, enabling the quick importation of previous year’s data for numerous clients. The system then formulates customized questionnaires for each individual client, integrating past year figures, document checklists, and asking only relevant questions while omitting unnecessary ones. Once clients submit their information and required documents, StanfordTax produces a detailed PDF workpaper that systematically organizes, bookmarks, and sequences the documents while structuring client responses with precision. It supports over 30 different document types, which include W-2 forms, assorted 1099s, and 1098s, ensuring comprehensive coverage of tax documentation needs. Additionally, to safeguard data security, we employ Advanced Encryption Standard (AES 256) for data encryption at rest and 256-bit SSL encryption for the protection of data in transit, thus preserving the confidentiality and integrity of client information. These sophisticated features not only streamline the workflow for accounting professionals but also significantly improve the overall experience for clients, fostering a more efficient and secure tax preparation process. Ultimately, StanfordTax stands out as a vital tool for modern accounting practices.

Media

Media

Integrations Supported

Archive360
BillingPlatform
Bottomline Paymode
EmpoweredESG
EmpoweredNEXT
EstateWorks
Exegy SMDS
Gotransverse
IDmission
ONESOURCE Denied Party Screening
SAP Store
SOFTRAX Revenue Management System
Teamstack

Integrations Supported

CCH Axcess Tax
CCH ProSystem fx
Drake Tax
Intuit ProSeries Tax
Lacerte
ProConnect Tax
UltraTax CS

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

$18 per month
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

24 Hour Support
Web-Based Support

Training Options

Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Thomson Reuters

Date Founded

1934

Company Location

Canada

Company Website

tax.thomsonreuters.com

Company Facts

Organization Name

StanfordTax

Date Founded

2021

Company Location

United States

Company Website

stanfordtax.com

Categories and Features

Corporate Tax

Compliance Management
Data Import / Export
Data Verification
Electronic Filing
Exception Notification
K-1 Reporting
Payroll & Employer Forms
Status Tracking
Tax Planning

Fixed Asset Management

Audit Trail
Document Management
Tax Management

Sales Tax

Address Validation
Audit Trail
Consumer Use Tax
Exemption Management
Tax Calculator
Tax Filing
Taxability Verification
Transaction Tracking
Value Added Tax (VAT)

Tax Compliance

Not specified

Tax Practice Management

Document Management
Due Date Tracking
Scenario Planning
Tax Filing
Tax Forms
Workflow Management

Trust Accounting

Compliance Management
Tax Management

Categories and Features

AI Tax

Not specified

Corporate Tax

Not specified

Tax Compliance

Not specified

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