Last updated on
Company health
Ratings
UltraTax CS description
UltraTax CS is a professional tax software designed for accounting firms and tax professionals. It provides a complete solution for tax preparation, planning, and compliance covering federal, state, and local taxes. UltraTax CS offers features like automated workflows, data sharing, e-filing, and integrations with other Thomson Reuters products, aiming to improve efficiency and accuracy in tax preparation for accounting firms.
Who is UltraTax CS best for
UltraTax CS is a tax software solution for accounting firms and tax professionals seeking comprehensive tax preparation, planning, and compliance features. Users praise its user-friendly interface, comprehensive features, and integration with other Thomson Reuters products. However, some users report slow speeds, expensive pricing, and poor customer support. Ideal for small firms needing robust tax preparation capabilities.
-
Best fit for small accounting firms.
-
Not suitable for specific industries.
UltraTax CS features
| Supported Supports federal, state & local tax programs, including 1040, 1120, 1065, 1041, and multistate returns. |
| Supported Provides considerable calculation capabilities, processing and previewing data upon entry. |
| Supported Enables information transfer across forms; data entered once populates relevant fields in other returns. |
| Supported Provides a checklist of previously entered fields and flags missing items, allowing client email reminders. |
| Supported Offers features like Client Organizer and printable tax organizers. |
| Supported Includes e-filing, electronic bank products, and automated client communications. |
| Supported Provides access to tax law research, practice aids, and interactive tools from Checkpoint. |
UltraTax CS reviews
We've summarised 52 UltraTax CS reviews (UltraTax CS G2 reviews) and summarised the main points below.
- User-friendly interface and easy navigation.
- Comprehensive features covering various tax situations and return types.
- Good integration with other Thomson Reuters products.
- Form view allows easy review and error checking.
- Helpful diagnostics for ensuring complete returns.
- Slow speeds and server issues cause significant delays.
- Expensive compared to other tax software options.
- Poor customer support with long wait times (2+ hours).
- Hidden and unclear pricing, especially for support and additional features.
- Difficult multi-state allocation for passthrough entities.
UltraTax CS alternatives
Bloomberg LawBetter fit for larger organizations needing legal research, news, analysis, and workflow tools. A Bloomberg Law alternative for smaller firms focused on tax preparation.Read more
AvalaraBetter for eCommerce, retail, and other industries needing automated sales tax calculations, filing, and remittance. A good UltraTax CS alternative for businesses seeking comprehensive sales tax compliance solutions.Read more
CS Professional SuiteBetter fit for financial institutions. A broader suite of tools beyond tax preparation. Less suitable for small businesses.Read more
Drake TaxBetter for small to midsize businesses, particularly those in finance. A more affordable UltraTax CS alternative with better customer service, though some find its ease of use lower. Has less momentum currently.Read more
Account AbilityBetter fit for small to mid-sized businesses needing IRS compliance solutions, especially for 1099, W-2, and ACA forms. It offers strong customer support and is praised for ease of use after the initial setup. Account Ability is a cost-effective UltraTax CS alternative for core tax functionalities.Read more
SovosBetter for enterprise businesses with complex international tax compliance needs. Focuses on automating sales tax, VAT, and other regulatory requirements in many countries. Has stronger website traffic growth, but slower employee growth. More automation features, but potentially more difficult to implement.Read more
UltraTax CS FAQ
What is UltraTax CS and what does UltraTax CS do?
UltraTax CS is tax software for accounting firms and tax professionals. It offers a comprehensive solution for tax preparation, planning, and compliance, including federal, state, and local taxes. It features automated workflows, data sharing, and e-filing capabilities.
How does UltraTax CS integrate with other tools?
UltraTax CS integrates with other Thomson Reuters products to streamline data sharing and workflows. This integration improves efficiency and accuracy in tax preparation, a key benefit for accounting firms. However, users have reported slow speeds and server issues that can cause delays.
What the main competitors of UltraTax CS?
Top alternatives to UltraTax CS include Drake Tax, CS Professional Suite, and Bloomberg Law. Drake Tax caters to similar users, while CS Professional Suite offers a broader range of accounting tools. Bloomberg Law focuses on legal professionals needing tax research capabilities.
Is UltraTax CS legit?
UltraTax CS is a legitimate tax software from Thomson Reuters, used by many accounting firms. However, some users report slow speeds, expensive pricing, and poor customer support. Consider these factors when evaluating if UltraTax CS is safe and suitable for your needs.
How much does UltraTax CS cost?
I cannot find pricing information for UltraTax CS. Contact the vendor for product pricing details to determine if UltraTax CS is worth the investment for your tax preparation needs.
Is UltraTax CS customer service good?
UltraTax CS users report mixed experiences with customer service. While some appreciate the knowledgeable support representatives, many express frustration with extensive wait times and unhelpful service. This suggests there's room for improvement in customer support responsiveness.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.