With BNA Corporate Tax™ Analyzer from BNA Software, you gain control, and visibility over every aspect of corporate income tax management. It’s the only solution that automates and manages complex federal corporate income tax attributes over multiple years. Trusted by corporate America and the IRS, BNA Corporate Tax Analyzer will help you make better decisions, exercise greater control, and fully optimize your company's tax performance for a positive impact on the bottom line.
- 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 NOLs, FTCs, 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.
BNA Corporate Tax Analyzer is relied upon by corporate tax
departments and even the IRS for its powerful, accurate, and up-to-date
calculations engine. You’ll save time and ensure greater
accuracy with automatic calculation and tracking of carryforwards and carrybacks
of NOLs, FTCs, AMT, GBCs, charitable contributions, and more, over multiple
years.
- Save
hundreds of hours of effort tracking and calculating multi-year tax
attributes
- Complement
or replace spreadsheets
- Optimize
maximum legal benefit of business credits
- Use
the built-in audit trail and documentation for Sarbanes-Oxley
compliance
- Automatically
track credits and net operating losses for tax and financial
reporting
For total peace of mind as well as the potential for tax
savings, let BNA Corporate Tax Analyzer ensure your current
and previous Form 1120 returns are correct and optimized. BNA Corporate
Tax Analyzer identifies errors before filing, eliminates error-prone manual or
spreadsheet calculations, and streamlines the preparation of amended returns. An
automated interface with RIA's GoSystem® and
InSource® Express (Form 1120) facilitates preparation of your
corporate income tax returns
- Identifies discrepancies in Form 1120 before it is filed
- Calculates the refund resulting from an NOL, GBC, or capital loss carryback
- Generates data necessary for other amended returns
- Leverages BNA’s built-in tax expertise to ensure accurate, audit-proof calculations that stand up to scrutiny
BNA Corporate Tax Analyzer – the only corporate tax software used by IRS Appeals
and LMSB – shortens the
audit process and gives you complete insight into how the IRS reviews and audits
your Form 1120 returns. You gain visibility into IRS calculations and the
laws applied, enabling better communication with IRS auditors and a faster
resolution. You’ll be able to quickly
analyze proposed IRS adjustments to optimize your outcome and protect the bottom
line.
- Speed the audit process and resolution
- Gain 20/20 visibility into how the IRS calculates adjustments
- Assess the impact of proposed IRS adjustments over the long term
- Streamline the management of IRS-issued documents
Now you can more accurately and efficiently analyze the potential tax implications of uncertain tax positions and business decisions, strengthening the strategic value you deliver to your company. BNA Corporate Tax Analyzer gives you the power to plan for the future with automated analysis and comparison of multiple, side-by-side scenarios to determine the most tax-advantageous course of action for your company.
- Make tax planning effective, accurate, and efficient
- Improve decisions that impact tax liability
- Better manage your company’s tax risks and position
- Access law changes before updated forms are available
- Complement or replace spreadsheets
Unlike spreadsheets, BNA Corporate Tax Analyzer documents the
formulas used to calculate complex, corporate tax attributes and references the
applicable tax code section. Featuring 275 different worksheets, BNA Corporate
Tax Analyzer can help you demonstrate compliance and document your company’s tax
position for reporting requirements such as the 10K and FIN48.
- Helps
ensure accurate measurement of income tax data for 10K, FIN48, and other
financial requirements and provides supporting documentation
- Enables
efficient documentation for compliance with Sarbanes-Oxley
- Reduces
manual tracking and reporting efforts
- Delivers
extensive visibility into your company’s tax position and financial picture
- The only solution 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
- "What-If" modeling allows comparison of up to 10 side-by-side scenarios to determine most tax-advantageous course of action over time
- Built-in audit support, including computations and analysis of proposed IRS adjustments, accelerates IRS exams and optimizes outcomes
- 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
- Free technical support from the tax experts at BNA Software via a toll-free number
"We love BNA Corporate Tax Analyzer. The calculations are reliable and it's a great audit tool, especially since the IRS also uses it. We input the adjustments into the software and it makes it much easier to reconcile adjustments with the IRS. We also use the software for scenario analysis and to do what-ifs. It’s very helpful and comes in handy for strategic planning and tactical planning on appeals issues."
Michael Dunn, Director, Tax Research & Planning
Northrop Grumman Corporation
“I can quickly and easily work with the audit team to determine the impact of a proposed adjustment. The CTA application is an invaluable tool."
Greg Brown, Senior Tax Manager
Sun Microsystems
“BNA Corporate Tax Analyzer is a powerful tool with great flexibility. It’s nice to discover a product that actually does far more than you expect it to.”
Bill Rowe, General Manager of Tax Planning
Allegheny Energy
“BNA Corporate Tax Analyzer serves as the basis for everything we do involving income tax, including providing documentation for external auditors and SEC reporting."
Richard Lujan, Director of Tax
Western Refining, Inc.
“I use BNA Corporate Tax Analyzer for everything – to calculate NOLs for carryovers and carrybacks, to see the effects of contribution deductions, to simplify IRS audits, to look at different scenarios and do multi-year planning.”
Ron Berman, Manager of Taxation and Compliance
Wakefern Food Corp.
“The BNA solution – software and expert consulting services – helped us shorten the audit cycle and expedite a refund."
Patty Conte, Senior Manager, Tax Department
Alcatel-Lucent
“We enter the results from BNA Corporate Tax Analyzer into Corp Tax to complete the 1120 returns.”
Maggie Walsh, Senior Tax Analyst
Honeywell International, Inc.
BNA Software offers world-class customer support, staffed with knowledgeable product and tax experts ready to assist you with your BNA Corporate Tax Analyzer solution. As a BNA Software customer, you’ll receive free, unlimited telephone technical support.
In addition, you’ll gain access to free downloadable program updates, frequently asked questions, and other helpful information at Customer Support on BNASoftware.com. Go to BNA Corporate Tax Analyzer Customer Support »