June 21, 2016

Thomson Reuters Launches Checkpoint State Clear Comply to Help Simplify State Compliance Research for S Corporations and Partnerships

NEW YORK – Thomson Reuters has released Checkpoint State Clear Comply, which simplifies the analysis of complex state compliance questions for multi-tier partnerships and S Corporations with a presence in multiple states.

Tax professionals can use the exclusive logic in the tool to highlight nexus flow-up issues and easily generate comprehensive reports covering the necessary requirements for composite returns, non-resident withholding and annual returns.

“This is a product that I wish would have existed a while ago,” said Darian Allen, CPA, Regan, Levin, Bloss, Brown & Savchak, P.C. “This is where I spend most of my time researching and now I no longer have to go to multiple locations to get my answers.”

“Tax professionals face increasingly compressed workloads,” said Virginia Lorenzo, senior director of tax editorial with the Tax & Accounting business of Thomson Reuters. “Checkpoint State Clear Comply cuts through complexity and can save tax professionals a significant amount of time when researching and documenting state compliance obligations for pass-throughs.”

Thomson Reuters Checkpoint State Clear Comply maintains up-to-date state filing compliance requirements and reduces the risk of missed filings due to changing requirements in different states. It eliminates time-consuming research by creating reports with critical compliance requirements for state filings on partnerships and S Corporations and allows users to export reports for audit purposes.

To learn more, visit tax.tr.com/StateComply.

Thomson Reuters Checkpoint provides integrated research, editorial insight, productivity tools, online learning and news updates along with intelligent links to related content and software. It is relied on by hundreds of thousands of tax and accounting professionals, 97 of the Top 100 U.S. law firms, 99 of the Fortune 100 companies, and all of the top 100 U.S. CPA firms.

Thomson Reuters
Thomson Reuters is the world’s leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit www.thomsonreuters.com.



Dana Greenstein
Public Relations Manager
Tax & Accounting
Tel: +1 201 536 4397
Email: dana.greenstein@thomsonreuters.com