Under the modernized e-filing standard requirement mandated by the IRS, companies are required to produce a single transmission file that contains their entire U.S. Federal tax returns. Generating one file for IRS submission from all of the various tax compliance and attachment systems utilized by large corporations is a daunting task and an enormous burden on tax professionals. However, with Tax Series’ eFileManager this is no longer an issue

eFileManager can create one IRS accepted e-file submission from multiple source systems. It allows users to bridge XML e-file data from any compliance system, in-house system, forms system, and Microsoft Office document; review the data online; modify it if necessary; and confirm that it conforms to the e-file requirements before it is submitted to the IRS

Do you require the freedom to choose different tax vendors based on your own assessment of “Best in Class” without the fear of complications in compiling all the calculated data and processed forms into one submission file?

eFileManager empowers tax professionals with the ability to select their tax vendors as they see fit without concerning themselves with how to aggregate the data generated by their various software applications into one submission file by granting them the ability to do the following:

• Choose tax vendors and not be dependent on one system and/or vendor
• Integrate existing in-house systems rather than being forced to use new third-party product
• Supplement the tax system with attachments if a particular tax compliance software does not handle all of the filing requirement needs
• Produce a return that is in the IRS accepted format...Modify the aggregated transmission file as needed
• Store “as-filed” return in a repository that is accessible whenever needed

Review Capabilities

• Supports proposed open standard, Modernized E-File Vendor Open Interoperability Standard (MEFVois).
• Utilizes a Web-based platform accessible anywhere, anytime...Aggregates multiple source files into one IRS accepted format e-file easily.
• Provides on-screen identification and organization of source data.
• Allows for pre-submission error checking and on-screen error diagnostics.
• Allows for the review and sign-off audit trail tracking.
• Allows for the modification of tax return content if necessary after aggregation
• Submits final approved e-file to IRS
• Provides automatic notification of any problems
• Provides notification of successful receipt by IRS
• Contains archiving capabilities to maintain backup access to all e-file filing years
• Integrates with the full suite of Tax Series tax cycle function products or acts as a stand-alone product