State Compliance

eStateCompliance simplifies the state tax compliance process by providing mass processing capability while providing the flexibility to handle all state computations. eStateCompliance also offers the flexibility to calculate the state tax liability for any number of states within a single workpaper. This workpaper provides users with detailed information on multiple states in an easy to read and globally accessible format.

Benefits of eStateCompliance

  • Integration
    eStateCompliance provides the calculations to support the state income tax for all states single entity and combined returns. By re-using the common set of data currently stored in the Tax Series database, eStateCompliance substantially reduces the need for manual data entry while simplifying state income tax compliance. For example, all foreign company data is available in a ready to use format to support unitary returns.

    Further, because Tax Series provides a multi-year database, users can use data from previous periods for subsequent calculations. Additionally, coupled with eDataCollector, companies can integrate the collection of source data (such as apportionment data and state modification data) in order to complete state tax forms.

  • Flexible Reporting Capabilities
    eStateCompliance provides users with the flexibility to calculate the state tax liability for multiple states within one report. This report provides tax professionals with detailed information on all of the specified states.

  • Planning and Analysis Capabilities
    eStateCompliance‚s built-in flexibility and natural integration allow users to calculate the estimated payments due and quickly simulate “what-if” scenarios by state. This feature can prove to be instrumental in tax planning.

    By changing an apportionment component or modifying the income or deductions, eStateCompliance will automatically recalculate the tax. It is also capable of conforming to numerous scenarios in an effort to compare and simulate corporate changes as they can affect state tax liabilities.

  • User Defined
    With eStateCompliance, users can change the data mapping to reflect company specific calculations. We took the route of allowing users to change the mapping on one simple screen rather than having them program the calculations. This gives users enough control to modify the calculated results, while empowering them with the ability to easily update and recalculate any changes