Triva isn't available right now.
Check out the support page for our phone number and hours
Solutions
-
Corporations
-
Governments
Success stories
-
A true competitive advantage
Law firm Zarin Baum’s embrace of generative AI as the natural next step in the evolution of legal work and their adoption of CoCounsel Legal has helped them achieve remarkable efficiency gains and improved client relationships.
-
Workflow transformation drives impact
Brinks, a global leader in secure logistics and security solutions, used CoCounsel to reimagine what was possible with AI tools, turning legal challenges into a competitive advantage.
-
The forefront of audit tech
A better auditing workflow solution was the answer to multiple challenges faced by The Mercadien Group. Find out how they achieved greater efficiency by embracing Cloud Audit Suite.
Questions? We are here to help.
Products
-
Tax, audit & accounting
Recommended products
-
CoCounsel Legal
Transform your work with the only AI legal solution uniting research, drafting, and document analysis in a single experience. Designed by legal experts and built on trusted content and advanced AI, CoCounsel Legal accelerates multistep work so you can better serve your clients and grow your business.
-
CoCounsel Tax
Transform your tax practice with CoCounsel Tax, an AI-powered assistant that combines trustworthy answers, automation, and firm knowledge into one seamless platform. Enhance efficiency, reduce risk, and improve client confidence with CoCounsel Tax.
-
CLEAR
Powerful software designed for law enforcement, compliance, risk, and fraud investigators. Conduct thorough investigations with ease using our intuitive online investigation software. Efficiently, prevent, detect, and solve crime.
Questions? We are here to help.
Purchase
-
Buy books
-
Contact sales
Resources
-
Product training
-
Product communities
-
Developers
Highlights
-
2026 SKILLS showcase
Join weekly sessions to experience in-depth demonstrations of the leading legal AI products while connecting with strategic law firm leaders in knowledge management, innovation, and AI.
-
Ghosts on the ledger
Payroll fraud is a major compliance risk. Learn how payroll analytics and AI-powered tools can help exorcise phantom employees and employers.
-
Future of professionals report 2025
The Thomson Reuters Future of Professionals Report 2025 reveals how AI continues to shape professional work — and what it takes to get ahead. This year’s report shows that increased efficiency, productivity, and cost savings top the list of benefits professionals attribute to AI, making it indispensable for organizations facing rapid change.
Screen CAACE - California Adjusted Current Earnings Adjustment (1120)
Show all hidden content
Overview
Use this screen to complete Schedule P for C Corporations.
Adjusted Current Earnings
The application uses the information in this section to complete the CA Schedule P ACE Adjustment Worksheet, for Schedule P of Form 100 or 100W. Enter the California ACE amounts to calculate the CA Schedule P ACE Adjustment Worksheet. If the boxes in this section are blank, the application uses the CA AMT amount as the default. Enter a force amount or
0
(zero) here to prevent the application from defaulting to the CA AMT amount.If integrating the asset module with UltraTax/1120, the application transfers 8 depreciation amounts, the AMT depreciation amount, the 6 ACE depreciation amounts, and the Basis adjustment amount. These calculated amounts are from the CA ACE treatment within the asset module, except for the Basis adjustment amount. The Basis adjustment amount is the difference between the CA and CA ACE columns in the asset module.
ACE depreciation
Enter the California ACE current-year depreciation expense in the applicable 6 boxes if not using the amount transferred from the asset module.
note
If the CA ACE treatment column doesn’t exist in the asset module, the application defaults the CA ACE amounts to be the same as the CA AMT amounts reported in the asset module.
Basis adjustments in determining gain or loss from sale or exchange of pre-1994 property
Enter the California basis adjustment between CA AMT and CA ACE from the sale or exchange of property, if not using the amount transferred from the asset module.
note
If the CA ACE treatment column doesn’t exist in the asset module, the application defaults the CA ACE amounts to be the same as the CA AMT amounts reported in the asset module.