TaxPortal

Transform Your Tax Operations

For Corporate Tax Compliance, Technology Adoption is No Longer an Option

TaxPortal A Customizable, Comprehensive Tax Compliance Solution

Corporations are under greater pressure to achieve compliance with today's tax standards and regulations. Time-consuming, manual practices are costly and increase the risk of inaccuracies and documentation loss. This is no longer an acceptable option at today's speed of business.

Smarter Accounting

TaxPortal, our comprehensive tax compliance software, uses the most advanced technology to provide you with an accurate, reliable and secure compliance solution.

One Login, Multiple Tax Products

TaxPortal

One login offers worldwide access to:

  • Audit Manager
  • Audit Services
  • Cash Tax
  • Data Import Utility
  • Debt Structure
  • Federal Tax Package
  • Legal Entity Verification
  • Historical Reports
  • International Tax Package
  • Management Representation
  • FIN 48 Tax Reserves
  • Return to Provision
  • State Tax Calendar
  • Tax Basis Balance Sheet

Built for Your Convenience

Because clients' needs are different, TangibleValue's TaxPortal can be customized to provide the best solution for your unique needs.

Audit Manager
  • Create and access audit notices.
  • Track audits and notices by user role and legal entity.
  • Convert notices to audits.
  • Includes sign-off of audit and notice event schedules.

Audit Services
  • Create, review, approve or deny audit requests.
  • Status tracking and reporting.

Cash Tax
  • Collect actual and forecasted cash income tax payments and refunds based on legal entity.
  • Grid control and statistics.
  • Operating plan entry with assumptions and comments.

Data Import Utility
  • Import multiple records at once.

Debt Structure
  • Collect and verify inter- and intra-company borrowing and lending activity.
  • Report creation.

Federal Tax Package
  • Gather required information to complete U.S. Federal Tax returns.
  • Provides ability to enter data against legal entity base codes.
  • Schedule lists for each legal entity requiring data entry, review and approval.
  • Ability to rollback schedules to a preceding role or transition to the next stage.
  • E-mail notifications.
  • Data export into Excel spreadsheet.

Legal Entity (LE) Verification
  • Maintain contact and legal entity assignment information.
  • Ensure users can log into the client's tax website and report year-end FAS 109 information; receive upcoming training information and invitations; and receive year-end schedule information.

Historical Reports
  • Serve as a searchable, centralized repository for prior year reports.

International Tax Package
  • Collect data pertaining to non-U.S. entities held by U.S. corporations directly and indirectly.

Management Representation
  • Collect and document the process of management representations required for separation transaction.
  • Provide reviewer level approvals and sign-off function.

FIN 48 Tax Reserves
  • Upload supporting documentation function.
  • E-mail acknowledgements to reporting users.

Return to Provision
  • Compare income tax provision with filed tax return actuals.
  • Track task stages and provides user-generated reports in Excel and .pdf formats.

State Tax Calendar
  • Perform data entry for filing state taxes.
  • Release or lock legal entity and enter data for tax filing based on the filing type and other parameters.
  • Transition filing type to next logical state.
  • Option to choose a desired state to transition the filing type.
  • Enter Net Operating Loss Adjustments for a legal entity and select financial year and other parameters to download and view Net Operating Loss reports.

Tax Basis Balance Sheet (TBBS)
  • Gather deferred income tax account information for reconciliation, documentation and balance calculation.
  • List filtering, column sorting, status tracking and reviewer and sign-off screens.

Why TaxPortal?

  • Decreases risk and reduces surprises.
  • Ensures accuracy in numbers.
  • Eliminates time taken to track down entities.
  • Identifies issues before they are identified by regulators.
  • Allows staff to work more efficiently.
  • Standardizes processes and practices.
  • Worldwide access to critical information including a comprehensive audit trail.
  • Improves audit responsiveness.
  • Creates an audit trail of every action taken.
  • Increases confidence.
  • Role-based security.
 
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