BNA Corporate Tax Analyzer
Available from BNA Fixed Assets™ by Bloomberg BNA
The only corporate tax audit and planning solution that automates and manages complex, multi-year corporate income tax attributes such as carrybacks and carryovers. Even the IRS uses it! Calculations, compliance, audit, reporting, and planning all wrapped up in one, easy-to-use, always up-to-date tool.
Features & Benefits
Includes IRC Section 168(k)(4) worksheet
Does all the required calculations for comparing the effects of forgoing bonus depreciation for refundable credits and for making the election.
Takes complexity and risk out of corporate tax calculations
Robust, multi-function calculation engine precisely calculates and tracks carryovers and carrybacks for NOLs, FTCs, GBCs, and other complex tax attributes.
Verifies accuracy of corporate tax returns
Detects errors and discrepancies within current and previous Form 1120 returns for peace of mind and tax savings.
Accelerates the IRS audit process and optimizes outcomes
Puts you on the same page as the IRS, with visibility into calculations and the impact of proposed IRS adjustments, and documentation to speed the process.
Provides multi-year tax analysis for planning and FIN 48 analysis
Comprehensive, multi-year what-if modeling capabilities enable quick and easy analysis of tax scenarios for improved planning and decision making.
Ensure thorough documentation for compliance
Delivers tax and financial documentation and reporting to help meet 10K, FAS 109, FIN 48, and other financial requirements.