CCH iFirm Taxprep - T1 & TP1 Québec

CCH iFirm Taxprep Essentials – T1 & TP1 is ideal for smaller firms that prepare both federal T1 and Quebec TP1 returns. And, as your firm grows, CCH iFirm Taxprep offers the necessary scalability to upgrade to the Advanced module when you require more customized features and multi-user support.

Want to see CCH iFirm Taxprep in action? Register for an upcoming demo to learn more. 

What’s included in CCH iFirm Taxprep Essentials T1 & TP1?

The Basics

• Unlimited returns
• Seven taxation years supported (current taxation year + 6 previous taxation years)
• Automatic T1 and TP1 adjustments for amended returns
• Bulk EFILE, roll forward, print and publish options
• Full bilingual support

If you need T1 returns only, explore CCH iFirm Taxprep Essentials T1. 

File Carry Forward Compatibility

It’s easy to roll forward files from other tax software. CCH iFirm Taxprep Essentials T1 & TP1 supports carry forward for Cantax T1, Taxprep T1/TP1, Taxcycle T1/TP1, ProFile® T1/TP1 and DT Max T1/TP1.

Return Types

This software supports a wide variety of return types related to personal tax return preparation, including:

• Family returns
• Non-resident returns
• Returns for deceased taxpayers
• Multi-jurisdiction returns
• Bankruptcy returns

EFILE 

• T1/TP1 and T1/TP1 adjustments
• Authorization requests
• T1135 Foreign Income Verification Statement
• Pre-authorized debit (PAD) requests

Time-saving data imports and exports

• Autofill My Return (AFR)
• Express NOA (ENOA)
• Import business statements
• Import pre-bankruptcy to post-bankruptcy

Optimizations

Leverage the most sophisticated optimizations on the market to maximize your clients’ returns. Optimizations include:

• T777, Statement of Employment Expenses
• Pension income splitting (lines 11600 and 21000)
• RRSP deduction
• Non-capital losses
• Net-capital losses
• Capital gains deduction
• Medical expenses
• Donations
• Dividends, transferring the spouse’s dividends to the taxpayer (line 12000)
• Tuition fees transfers

Why Choose CCH iFirm Taxprep Essentials for tax preparation?

CCH iFirm Taxprep Essentials is a fully bilingual solution. All modules offer:

• Intuitive Interface: The user-friendly interface simplifies the tax preparation process and allows for easy, logical navigation. 
• Automatic Updates: Updates are pushed automatically so you have the latest features and updates without needing to manually download new versions.
• Enhanced Data Security: CCH iFirm® employs measures to ensure SOC2, SSAW16, ISO 27002 and ISO 27018 data compliance and maintains two geographically diverse Canadian data centres to host its services.
• Easy onboarding and access to help: With self-guided DIY training, free training webinars, supplemental paid training and free knowledge base and support portal help, you can get started quickly and efficiently.
• Scalability: As your firm grows, you have the flexibility to upgrade to CCH iFirm Taxprep Advanced or Pro packages. If you need help determining the right package, please click here to have a consultant follow up.

If your firm is growing and needs additional features, consider CCH iFirm Taxprep Advanced.

CCH iFirm Taxprep Advanced is ideal for firms that need to support multiple preparers and need enhanced workflow efficiency and customization options beyond those offered in CCH iFirm Taxprep Essentials.

Learn more about CCH iFirm Taxprep Advanced T1 & TP1.