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Outstanding 2010 tax issues for GoSystem exports have been addressed in the latest GoSystem Tax RS release

February 9, 2011

GoSystem Tax RS developers have informed us that both outstanding issues have been addressed in update 10.00.56.28.

  1. The new tax codes added for the 2010 tax year will now display in the GoSystem Tax RS software after import.
  2. Forms 8825 are now supported in the GoSystem 10.00.56.28 update.

 

January 7, 2011

Clients who wish to export to GoSystem Tax® RS need to be aware of two known issues that currently exist in the GoSystem Tax RS release version:

  1. The new tax codes added for the 2010 tax year are included in the Working Papers export, however they are not displayed in the GoSystem Tax RS software after import. See below for a listing of the tax codes affected.
  2. Forms 8825 are supported by the Working Papers export but are not yet accessible in GoSystem Tax RS.

CaseWare International has communicated the problems to GoSystem Tax RS developers and has been informed they are working on a fix for issue 1, which is expected to be addressed in the next GoSystem Tax RS release scheduled for January 21. No release date has been confirmed for issue 2.

Anticipating the fix by GoSystem Tax RS developers, the export capabilities for GoSystem Tax RS have been included in the January 7 US 2010 Tax Year update.

The table below provides a list of the tax codes that are related to this export issue:

        New Codes        
              New Working Papers Codes              
1120  M3335A      Research and devlp costs-Book
 M3335B      Research and devlp costs-Temp
 M3335C      Research and devlp costs-Perm
 M3336A      Section 118 exclusion-Book
 M3336B      Section 118 exclusion-Temp
 M3336C      Section 118 exclusion-Perm
1120S  M3329A      Research and devlp costs-Book
 M3329B      Research and devlp costs-Temp
 M3329C      Research and devlp costs-Perm
 M3330A      Section 118 exclusion-Book
 M3330B      Section 118 exclusion-Temp
 M3330C      Section 118 exclusion-Perm
1065  M3329A      Research and devlp costs-Book
 M3329B      Research and devlp costs-Temp
 M3329C      Research and devlp costs-Perm

 

Updates regarding this export capability will be posted on the CaseWare web site as soon as they are available.

Further information and updates on this issue can be obtained by contacting CaseWare technical support at support@caseware.com.

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