CCH iFirm Taxprep

Designed for Tax and Accounting Professionals

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Designed for complex tax preparation.

CCH iFirm Taxprep contains a rich feature set that supports enhanced return preparation and streamlined tax preparation workflow. It’s designed to deliver added efficiency for management of high-volume return preparation for your firm on the cloud.

As the first cloud-based tax compliance software, CCH iFirm Taxprep includes tools that assists you and your firm in providing tax planning services to your clients, from anywhere at any time. It is the right product with sophisticated workflow requirements, including the need to automate and personalize return status and customize client letters.

Use CCH iFirm Taxprep for personal tax preparation and review. Take advantage of unique features that help you manage return preparation status and workflow, with the benefits of the cloud.

  • Advanced Optimizations deliver the best possible returns for your clients
  • Access prior year files with one click
  • Review tools speeds review with side-by-side comparisons and visibility of unresolved diagnostics
  • Return Manager – streamlines workflow and clearly indicates job status
  • CRA Auto-fill My Return – reduces data entry, avoids missing slips
  • Automatic T1-ADJ – calculates overall impact of changes made to a return after filing
  • Summaries provide preparers and reviewers with a concise overview of returns
  • Paperless review and archiving – generate any form or return as a bookmarked PDF

CCH iFirm Taxprep T2 has the most comprehensive collection of corporate tax forms available, as well as tools designed to address complex T2 preparation requirements. Use the T2 data connection tool to link corporate returns.

  • The most comprehensive set of federal and provincial corporate tax forms available
  • Access prior year files with one click
  • Transfer more than 750 items from the General Index of Financial Information (GIFI) into 25 different forms
  • 3000+ easy-to-access diagnostics help avoid costly filing errors
  • Specialized Industry Forms – contains forms and calculations for industries with special compliance needs

Developed in association with Canada’s major trust companies. It simplifies the preparation of trust return. Speed up preparation of T3/TP-646 tax returns and use extensive edit checks and diagnostics to reduce errors.

  • Built-in features that help navigate the T3 filing process Multiple methods for specifying beneficiary allocation for income gains, capital gains and trust income
  • Automatic matching and calculations to determine the net amount that can be allocated
  • Beneficiary summaries – quickly list beneficiaries identified by the software
  • More than 350 diagnostics – custom diagnostics, reminders and warnings can also be created

Get access to a comprehensive library of electronic forms, slips, and schedules. You can also exchange data between all slips in CCH iFirm Taxprep and Excel spreadsheets.

  • Get the forms you need when you need them – no need to search or contact government offices
  • Quick search, built-in calculations, data-saving and convenient print options save you time
  • Permanent data – such as documents and notes can be rolled forward so enter information only once
  • Forms are always up to date
  • Easily exchange data between slips and Excel® spreadsheets to reduce errors and save time

Contact us today to get a better understanding of CCH iFirm Taxprep can help you and your firm grow.