BNA Corporate Tax Analyzer Features
BNA Corporate Tax™ Analyzer expertly manages every aspect of your corporate income taxes, including calculations for compliance, audit, reporting, and planning. It’s the only corporate tax audit and planning software that automates and manages complex, multi-year corporate income tax attributes such as net operating losses (NOLs), general business credits (GBCs), foreign tax credits (FTCs), capital losses, charitable contributions, and more. Even the IRS uses it!
Features & Benefits
- Includes IRC Section 168(k)(4) worksheet
Does all the required calculations for comparing the effects of forgoing bonus depreciation for refundable credits and for making the election. - Takes complexity and risk out of corporate tax calculations
Robust, multi-function calculation engine precisely calculates and tracks carryovers and carrybacks for net operating losses (NOLs), foreign tax credits (FTCs), general business credits (GBCs), and other complex tax attributes. - Verifies accuracy of corporate tax returns
Detects errors and discrepancies within current and previous Form 1120 returns for peace of mind and tax savings. - Accelerates the IRS audit process and optimizes outcomes
Puts you on the same page as the IRS, with visibility into calculations and the impact of proposed IRS adjustments, and documentation to speed the process. - Provides multi-year tax analysis for planning and FIN 48 analysis
Comprehensive, multi-year what-if modeling capabilities enable quick and easy analysis of tax scenarios for improved planning and decision making. - Ensure thorough documentation for compliance
Delivers tax and financial documentation and reporting to help meet 10K, FAS 109, FIN 48, and other financial requirements.
More Comprehensive Features
BNA Corporate Tax Analyzer's extensive features allow you to handle multiple complex tasks, reducing the risk and effort of spreadsheets while delivering in depth tax expertise, rock-solid calculations, and powerful analytics.
- The only corporate tax audit and planning software that automates and manages complex, multi-year federal corporate income tax attributes for domestic corporations
- Automatically calculates tax attributes and applicable limitations for NOLs, GBCs, FTCs, minimum tax credits, capital losses, charitable contributions, and more from 1976 to the present
- Computes federal income taxes for domestic corporations and automatically handles the carryback and carryover of NOLs, credits, capital losses, contributions, and more
- "What-If" modeling allows comparison of up to 10 side-by-side scenarios to determine most tax-advantageous course of action over time
- Shows the dynamic interplay of various tax scenarios over multiple years
- Instantly calculates using tax law and rates for every year since 1976
- Identifies discrepancies in the Form 1120 before it is filed by comparing the results from tax preparation software with BNA computations
- Form 1139 and 1120X analysis worksheets let you analyze the impact of carrybacks and print the tax form for each affected year
- Built-in audit support, including computations and analysis of proposed IRS adjustments, accelerates IRS exams and optimizes outcomes
- Delivers tax and financial documentation to facilitate compliance with mandates such as Sarbanes-Oxley
- Extensive tax and financial documentation includes 275 worksheets showing the formulas used and references to the applicable tax code section
- Excel® spreadsheet integration seamlessly links data to and from program worksheets
- Includes basic corporate underpayment/overpayment interest calculator that is updated when rates change
- Automated interface with RIA's GoSystem® and InSource® Express (Form 1120) facilitates preparation of corporate income tax returns
- Unlimited, free technical support from the tax experts at BNA Software via a toll-free number
- For a complete features list, read the BNA Corporate Tax Planner Features Sheet (PDF) »
Calculations, compliance, audit, reporting, and planning all wrapped up in one, easy-to-use, always up-to-date corporate tax audit and planning software.
Get Started with BNA Corporate Tax Analyzer
Start optimizing corporate income taxes with BNA Corporate Tax Analyzer. Get started with a product demo » or request more information »
Related Information
Allegheny Energy Case Study
Listen to Bill Rowe, General Manager of Tax Planning for Allegheny Energy, and hear how Allegheny uses BNA Corporate Tax Analyzer as a "one-stop solution for multi-year Federal income tax calculations, IRS audits, strategic and tax planning modeling, FIN 48 analysis, as well as cross checking what our corporate compliance software estimates our taxable income outcomes to be."
Listen to Bill Rowe »
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