What's new - Caseware Taxflow Winter 2023 Release (v.2.220.0)

Here is a listing of what’s new in the Caseware Taxflow Winter 2023 release.

Intuit’s Lacerte® tax vendor support

Caseware Taxflow now supports exports to Intuit’s Lacerte® Tax vendor for C-Corporations, S-Corporations and Partnerships. To learn more, see Perform a tax export.

Tax year 2023 updates

Caseware Taxflow now includes the latest 2023 tax exports and tax codes compatible with the following tax vendors:

  • CCH ProSystem fx® Tax

  • CCH Axcess™ Tax

  • Intuit's Lacerte© Tax

For a list of updates to the 2023 tax exports and tax codes, see USA tax year export.

Improved carry forward functionality

Caseware Taxflow now includes an improved carry forward functionality, ensuring seamless migration of information from prior year engagements. During the carry forward process, the following information will be retained from prior year engagements:

  • Carry forward data for the Engagement set-up and Tax export forms.

  • Tax groups assignment to the accounts.

  • Changes made to the Tax groups in the prior year engagement if the Tax parent group still applies for the new tax year.

  • Carry forward adjustments marked as “recurring adjustments”.

To learn more, see Carry forward a Caseware Taxflow engagement.

Improved Engagement set-up document

The 1-100 - Engagement set-up document has been improved to now guide users through the workflow, ensuring accurate information loading when creating a new engagement or carrying forward the file.

A new Confirm your selection button was added to the 1-100 - Engagement set-up document to allow the end-user to control when the tax information should be loaded into the engagement based on the Tax year and Tax vendor applicable.

To learn more, see Plan the engagement.

Tax provision automatic adjustments

When you create a new Caseware Taxflow engagement file and import the financial information, a tax adjustment is now automatically generated to record the tax provision expense.

You can review the tax adjustment and make further edits, if necessary, on the Tax adjustments summary page. To learn more, see Tax adjustments.

Recurring tax adjustments

Caseware Taxflow users can now specify if a Tax adjustment is recurring or not. Marking an adjustment as Recurring will carry it forward to the next year's engagement.

Recurring tax adjustments.

To learn more, see Tax adjustments.

Excel export for tax schedules

Tax schedules can now be exported to Microsoft Excel. Each tab can be exported individually, excluding parent tax groups, to avoid data duplication.

Excel export for tax schedules.

Welcome card updates

The Welcome card has been updated to better reflect the Caseware Taxflow engagement stages.

Welcome card updates.

Interactive Resource Center

A new Resource Center has been added to share information about upcoming Caseware Taxflow releases and new product features. You can access the Resource Center from the bottom right corner of the engagement.