New forms are added as tax laws change and the program is enhanced each year. The depreciation module is fully integrated and calculates mid-quarter and AMT depreciation automatically. Schedule K-1 items may be specially allocated in the 1120S and 1065 modules. Conversion of Corporation election to S-Corporation election. Carryover worksheets print listing of information that will be used in the calculation of next year's taxes to help with tax planning.
Conversions are available from some competitors' business programs.