CS Professional Suite & Onvio

Training for CS Professional Suite

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UltraTax CS

2021 Year-End Update and Productivity Training: UltraTax CS & Federal Tax Update

Level: Intermediate

This course is designed to bring you up to date on the numerous 2021 tax law updates impacting key areas of U.S. taxation. Participants will be provided with practical insight on tax law changes for individual and business returns, and instruction on how to apply those changes to tax returns using UltraTax CS. Participants also will learn how to identify advisory opportunities under the new law through data mining and other techniques within UltraTax CS. The impact of ARPA and other tax provisions updated for 2021 will be covered. For users who are new to UltraTax CS, prerequisites include the UltraTax CS Navigation course and at least one UltraTax CS Preparation course (1040, 1120, or 1065).

No advance preparation is needed for this class. A high-speed Internet connection is required. Target Audience: Professional Staff & Management

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Course Objectives:

  • Describe the individual, business and economic stimulus provisions included in the American Rescue Plan Act
  • Discuss the most relevant enactments and tax legislative activity aside from Covid-19 impacting the tax landscape
  • Prepare updated forms and schedules using UltraTax CS
  • Discuss tools and data entry to enhance productivity
  • Identify advisory opportunities related to recent tax law changes
  • Apply insight on tax law changes to data entry within UltraTax CS

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