Simple

Reduce the risk in your tax provision process. The best way to learn more is to see for yourself.

Fast implementation

  • For most companies, implementation can be done in a matter of hours or days, not weeks or months
  • Free professional support available to guide you through implementation

Web based

  • Access from anywhere
  • No software to install
  • No need for in-house IT support

Powerful

TAX PRODIGY has the power and sophistication to deal with even the most complex tax provision fact patterns.

Uncertain Tax Benefits (UTBs)

  • Track UTBs by return, entity and year
  • Automated calculation of deferreds related to federal and state benefits resulting from UTBs and accrued interest
  • Net UTBs against attribute carryovers such as NOLs, business credits and FTCs

States

  • Perform separate consolidated and unitary state calculations
  • Automated calculation of NOLs and utilization on either a pre-apportionment or post-apportionment basis
  • Track permanent and temporary state modifications at the entity level

Payable

  • Track federal, state and foreign payables to all jurisdictions
  • Reclassification of UTBs from non-current to current that are expected to be paid within 12 months

NOLs

  • Automated calculation of NOL carryovers and utilization
  • Calculate and track NOLs related to excess benefits from share-based compensation
  • Track VAs by jurisdiction

Foreign

  • Calculate foreign provisions in foreign currency and translate to US dollars
  • Calculate currency translation on foreign tax account balances
  • Limit user access to relevant provisions
  • Track deferred balances associated with earnings that are not permanently reinvested
  • Calculate deferred charges associated with intercompany eliminations

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