Removable Storage

Added the ability to input book depreciation and have the M-1 and Sch L adjust accordingly

Added the new M-3 to the 1065, and 1120S systems. All returns with tax years ending on or after 12/31/2006 are required to file (if they meet the other filing requirements such as 10 million in assets, etc.)

Change of ownership grid enhanced to allow for quicker input.

Input the beginning and ending dates only once for each period instead of once for each shareholder/partner in each period.

Interest and Dividend grids located on page 1, 1041 input screen (Interest and Dividend input screens now excluded)

Similar to 1040 input

State modifications automated for municipal interest and/or dividends and US Government Interest

New last year, K-1’s for beneficiaries expanded to be more like the K-1’s in the 1065 and 1120S systems

5500

Now capable of allowing for more than one plan per EIN in the same TaxVision folder.

5500EZ

Produces all schedules

Automatically generates Summary Annual Reports