Personal Taxprep is the most advanced professional tax preparation software available, with unique features that help you manage your return preparation status and workflow. That’s why Canada’s top accounting firms rely on our market-leading innovations and unmatched reliability.
Features
TaxprepConnect
EFILE
Personal Taxprep is the tax software that provides the most sophisticated T1 and TP1 optimizations available, such as capital loss carry forwards and pension income-splitting scenarios.
Personal Taxprep is a software you can trust. You will improve your accuracy. It’s easy to identify problems such as missing data and you can review and mark up diagnostics after completing a return.
Personal Taxprep’s Client Manager helps you manage the entire tax return preparation process and gives you easy access to reports
Taxprep Xpress not only speeds up data entry, it also makes it easier to review for omissions and errors by allowing side-by-side comparisons of data from current and prior years.
Personal Taxprep makes it easy to switch from other programs such as Profile or DT Max, with automatic T1 data conversions.
Personal Taxprep lets you save time and improve workflow efficiently, while saving paper.
TaxprepConnect forms a bridge between Personal Taxprep and the CRA’s Auto-fill T1 Return (AFR) service.
Personal Taxprep provides links to Preparing Your Income Tax Returns guide as well as other tax research tools (sold separately). And Personal Taxprep has the InfoConnect functionality, providing a preview relevant content from Wolters Kluwer tax research resources available on CCH AnswerConnect.
You can do even more with Personal Taxprep when you integrate with other Wolters Kluwers software, such as CCH Scan and CCH iFirm.
With Personal Taxprep, you get Wolters Kluwer’s best-in-class tax and technical support and service. You also have access to industry-leading training.
With TaxprepConnect, use your existing CRA Represent a Client profile to download the following information into your T1 returns:
| Slips |
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| Other tax-related information |
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Wolters Kluwer’s renowned innovation team was the initiator of the CRA’s Auto-fill T1 return service, which allows tax preparers to easily access and download client data. Taxprep remains the leader in taxation, and we will continue working closely with the CRA in order for this service to meet the constantly evolving requirements of preparers.
You can download tax data of previous years (2016, 2017, 2018, 2019, 2020 and 2021). To download data of a particular year, use the Personal Taxprep program of the year in question.
Note that only data on prior-year slips is available; data that does not relate to a specific year, such as rolled forward balances, is not available.
TaxprepConnect is completely free of charge, for both the CRA’s Auto-fill T1 return and RQ’s Tax Data Download services.
Preparing TP1 returns? TaxprepConnect allows you to download the following tax data to populate the tax returns you are preparing:
| RL slips and other slips | 1, 2, 3, 5, 6, 7, 8, 10, 16, 19, 22, 24, 25, 26, 27, 29, RC62, T4E, and T4AOAS |
| Additional info | Instalments, interest paid by Revenu Québec, personal information |
Downloaded Québec RL slips can be used to automatically populate both the federal and provincial fields in Taxprep, where applicable.
You can download tax data of previous years (2019, 2020 and 2021), when you have a valid authorization.
Form TaxprepConnect Download (Jump Code: CONNECT) offers the following possibilities:
From this form, simply click a button to transfer the downloaded data into the applicable forms of the return. Colour-coded fields on the various slips and forms show that the source was the CRA or RQ, which directly results in time savings during review.
CCH Scan is a part of the CCH Accountants’ Suite. CCH Scan is a paperless software solution that effortlessly and electronically takes the proverbial shoebox of unsorted client information, determines what each item is, and outputs the organized documents to a single, organized, and bookmarked PDF file. Then, the Autoflow technology allows you to import data directly into the tax return. This is where TaxprepConnect comes in: it confirms that no slips or important documents have been missed. If they were, you will be able to import them through TaxprepConnect with a single click. TaxprepConnect includes additional helpful tools that allow you to compare carry-over amounts and other balance information with the CRA records.
TaxprepConnect allows you to retrieve the information available from Revenu Québec’s Tax Data Download service. Here is the information that can be downloaded to populate the TP1 returns:
| RL slips and other slips | 1, 2, 3, 5, 6, 7, 8, 10, 16, 19, 22, 24, 25, 26, 27, 29, RC62, T4E, and T4AOAS |
| Additional info | Installments, interest paid by Revenu Québec, personal information |
When data is transferred into the return, data contained in the Québec RL slips will automatically populate the appropriate federal and provincial fields in the Taxprep slips, where applicable, which significantly speeds up data entry. For instance, all T3 slips cells that share identical values with the RL-16 slip will be populated automatically.
You can download tax data of previous years (2018, 2019 and 2020), when you have a valid authorization.
There are no charges for using TaxprepConnect with Revenu Québec’s Tax Data Download service.
Starting in the 2018 taxation year, you can download a taxpayer’s data without using a download code. To do so, a valid Form MR-69, Authorization to Communicate Information or Power of Attorney, must have been previously sent to Revenu Québec.
Note that you can always obtain a download code with Revenu Québec, as in the past, and use it to download a taxpayer’s tax data.
This code will be automatically transferred into the TaxprepConnect Download form. Therefore, should you have to download the information again at a later date, you will not have to enter it again.
To use this service, you must enter a valid NetFile Québec preparer number and access code in your Personal Taxprep options and settings. To enter this information, go to Tools/Options and Settings/Electronic Services/Identification/Québec.
You will be able to review the downloaded information in the TaxprepConnect Download form. Use this form to:
You can download information from the same client as many times as you want, until the return has been filed. After this point, Revenu Québec will no longer allow you to download tax data.
Save time and money and give your clients the fastest possible service with EFILE.
Electronic filing is fast, convenient and flexible with EFILE. Simply enter your EFILE preparer number and password and Personal Taxprep takes care of the rest.
