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TaxWorks LLC, established in 1972, is a privately held company that develops professional tax preparation software products. The firm also provides customers with training services. The company's TaxWorks program supports the preparation of federal and state tax forms. It includes fixed asset management, electronic filing, financial reporting, forms generation, client invoice, audit statement, two-year tax comparison, and other tools. The software also includes appointment scheduling, automated data backup, and Internet support features. The system's Asset Manager component provides users with 60 methods for calculating depreciation. The program handles like-kind exchanges, group sales, and other disposition transactions. It includes real-time calculation features. The Client Management module includes a client database and client instruction letter features. It allows users to create customized lists, correspondence, and addressed envelopes.
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Information Sources, Inc.