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You'd like to learn more about the Advanced Network version and its capabilities?
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Optimized returns and greater productivity
Deliver accurate returns that optimize your clients’ unique tax situations while saving time and boosting productivity.
With Personal Taxprep, you can increase profits during T1 season, streamline your tax preparation process and
strengthen your client relationships.
Advanced optimizations for better results
Personal Taxprep arms you with the most sophisticated T1 and TP1 optimizations available, including:
- Capital loss carry-forwards
- Automatic reduction of RRSP deduction – to be saved for future use if there are unused non-refundable tax credits
- Medical expenses
- Transfer of dividend reporting between spouses
- Pension income splitting scenarios
- Family data connection, which allows Personal Taxprep to simultaneously calculate returns for all family
members to ensure the best tax scenario
- Deduction of certain commissionrelated expenses
Reduced errors
Extensive edit checks and diagnostics are built into Personal Taxprep. Easy to detect and respond to, these alerts,
which appear right on the relevant cell, identify problems such as missing information or inconsistent data. The ability to
also view diagnostics in the lower-pane display makes it easy to review and mark up the diagnostics after completing a return.
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Smart tools to improve your workflow and results
What if you could calculate several versions of your clients’ returns to make tax planning more effective and accurate?
Personal Taxprep makes this easy with planning tools and smart features designed to help you optimize your clients’
tax position.
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Streamlined processes
Personal Taxprep’s Client Manager helps you manage the entire tax return preparation process. With Client Manager you can
easily find, sort or filter returns based on any data in the return. Pre-defined filters allow for easy access to common reports
so you can get quick updates on return status without having to open files.
Accelerated data entry
Taxprep Xpress speeds up data entry and makes it easier to review for omissions or errors by allowing side-by-side
comparison of data from current and prior years.
Quick calculations
Taxprep’s T1-Adj feature automatically calculates the overall impact of changes made to a return after filing and lets you
quickly and easily amend returns that have already been filed.
Greater insight and perspective
Personal Taxprep contains more summaries than any other T1 software, providing your preparers and reviewers with a concise
overview of returns they can share with clients. Summaries in Personal Taxprep include:
- Comparative two- and five-year summaries
- Five-year comparative summaries for each income statement
- Carry-forward summaries
- Tax scenario worksheets
- T1 outline
- Accountant's summaries
Easy switch from other programs
Personal Taxprep makes it easy to switch from other programs such as Profile® or DT Max. Automatic T1 data conversion takes
permanent information and carry-forwards from prior year T1 returns prepared with another program and migrates them quickly and
accurately into Personal Taxprep.
Enhanced client services
The marginal tax rate form in Personal Taxprep allows you to calculate your client's federal, provincial and family
marginal rate for four types of income: ordinary income, eligible dividends, non-eligible dividends and capital gains.
These calculations help you provide the information your clients need to make tax-effective investment decisions, such as
choosing between capital gains or dividend-generating investments.
Paperless review and archiving
Personal Taxprep lets you generate any form or an entire return as a bookmarked PDF, saving time and paper and improving
workflow efficiency. To eliminate the need for paper storage, you can save and archive a batch of returns as a single PDF.
Specialty returns
Personal Taxprep handles more specialty returns than any other T1 program to help you meet the needs of clients with
special or unique tax situations. Specialty returns in Personal Taxprep include:
- Complex calculations for multiple jurisdictions, alternative minimum tax and overseas foreign tax credits
- Complete returns for bankruptcy and trustee situations (including transfer of information from a prebankruptcy return to a postbankruptcy return)
- Returns for deceased taxpayers
- Section 115, 216 and 217 returns for non-resident clients
Quebec tax returns
Personal Taxprep makes it easy to file Québec TP1 returns, with benefits and features that include:
- Optimizations such as the transfer of tuition by a dependent, laboursponsored fund tax credit, medical expenses and interest paid on a student loan
- TP1-specific optimizations, including determining whether the dependent or the parent should claim mutually exclusive TP1 credits
- Access to all relevant Québec forms
- Full Québec EFILE support
- Automatic update of Québec forms from federal forms, resulting in less data entry
- Special toggle keys that make it easy to move back and forth between federal and provincial returns
- Flexible printing options that let you print provincial and federal returns separately, with the ability to print in English and French
The new Taxprep® T1 Tax Organizer from CCH Canadian can bring your productivity to a new level
Unique in Canada, this innovative solution lets you sprint ahead during tax
season with pre-filled client questionnaires. They integrate seamlessly with Personal Taxprep, making it easy for you
to collect your clients’ most up to date tax information.
Download the brochure for Taxprep T1 Tax Organizer (1,059 Kb)
When you combine Taxprep T1 Organizer with Personal Taxprep, you get:
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Significant time savings. Populated with the previous year’s data, the Microsoft Excel® questionnaires
take no time at all for you to generate and for your clients to complete.
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Enhanced T1 accuracy. Taxprep T1 Tax Organizer is updated each year to include any new claimable
items. Automatic import function in the digital version helps reduce data errors.
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Improved client service. With more time to review your clients’ information in advance, you can maximize
claims and prevent filing delays.
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Reduced printing and mailing costs. Taxprep T1 Tax Organizer works with CCH Portal®, a
Web-based solution that allows you and your clients securely share tax questionnaires and other client files.
Quick links to the latest tax research
Personal Taxprep provides instant contextual links to the online or DVD version of CCH Canadian’s Preparing Your Income
Tax Returns guide (sold separately). Personal Taxprep also links to the Canadian Income Tax Act and other
CCH tax research tools. Links to the French resource, Guide fiscal Huot, are also available.
Access to professional printing services
As a Taxprep user, you have direct online access to Taxprep Print Service. Simply click on the Print Service
Transmission option in Personal Taxprep and CCH will print, sort and collate up to three copies of your returns and
deliver them to you in professional jackets within 24 to 48 hours. Taxprep Print Service customers also get priority
support and free use of the Taxprep Transmission Service for electronic filing. See more details...
"ProFile" is a registered trademark of Intuit Inc. or its subsidiaries.
® Microsoft Excel is a registered trademark of Microsoft Corporation in the United States and other countries.
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