Software and Features
The Software is Built for Tax Offices that complete numerous of returns.
In-Depth Calculations
Elite Tax Co Software in-depth tax calculations allow you to prepare the most complicated tax returns with confidence and ease. The following is a list of the various automatic tax calculations performed by Elite Tax Co Software:
- Business use of home for Schedules A, C, E, F, K-1, and Forms 2106/4835
- Consolidated sales of assets
- Child care credit
- Earned income credit
- Standard mileage vs. actual expenses
- IRA, Keogh, SEP and SIMPLE deductions
- Self-employment tax
- Taxable Social Security Benefits
- Estimate vouchers and worksheet
- Exception for real estate professionals
- Vacation home limitations and carryovers
- At-risk limitations and carryovers (regular and AMT)
- Related party transactions for installment sales and like-kind exchanges
- Passive loss limitations and carryovers
- All States
- City Tax Returns
