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Page 1: Checkpoint Advantages
Page 2: Checkpoint Advantages

Make informed decisions with confidence, by reaching clear results quickly and efficiently with Thomson Reuters Checkpoint, an innovative and truly intuitive search and navigation system.

Authoritative guidance, the latest law developments, deeply integrated primary source materials and relevant learning courses are interwoven intelligently into your research so that you can reach the right answers to your tax and accounting questions, right now.

Find out why hundreds of thousands of your peers rely on Checkpoint every day to understand complex information, make informed decisions and use knowledge more efficiently.

TRUST THOMSON REUTERS CHECKPOINT TO HELP THEM MAKE THE RIGHT DECISIONS FOR THEIR BUSINESS.

OF THE TOP 100 U.S. CPA FIRMS

OF THE TOP 100 U.S. LAW FIRMS

OF THE FORTUNE 100

100 97$99

Page 3: Checkpoint Advantages

Best Search Technology Solution INTUITIVE SEARCH

2015 SIIA CODiE Awards

FINALIST

ContentSearch Technology Solution

INTUITIVE SEARCH

MOVE QUICKLYwith intelligent search capabilities and fast navigation options that take you right to the answers you

need, whether you’re doing a quick look-up or highly specialized research.

■ Search the way you think with the revolutionary Intuitive Search — designed specifically for the specialized needs of tax and accounting professionals, enabling you to instantly filter, rank and deliver search results with unprecedented levels of accuracy and relevance

■ Instantly retrieve key tax rates or amounts using the Quick Tax Amounts feature

■ Move quickly between related documents in context of the document you are viewing with side panel navigation

■ Personalize your home page for quick access to the specific content and search tools you use most frequently

Tax & Accounting Technology Innovation INTUITIVE SEARCH

2015 CPA Practice Advisor

NOMINEE

Page 4: Checkpoint Advantages

■ Gain a well-rounded understanding of the issue you are researching with practical guidance and real-life examples as well as expert viewpoints on developing areas of the law

■ Quickly clarify or support your conclusions using embedded top line and side line links to related Checkpoint documents

■ Go directly from a code subsection to paragraph-specific analysis in our WG&L treatises (regularly cited by the courts, including the U.S. Supreme Court)

Topics covered in Checkpoint include:

Federal Tax

State and Local Tax

International Tax

Business Tax

IndividualTax

Tax Planning

Audit and Accounting

Corporate Finance

International Trade

Estate Planning

Payroll

Pension & Benefits

with authoritative, clear and comprehensive guidance from our leading industry experts including

PPC®, WG&L®, RIA®, IBFD and Orbitax for tax and accounting professionals, EBIA® for employee

benefits professionals and Boskage for global trade professionals.

CONSIDER ALL ANGLES

Page 5: Checkpoint Advantages

CONSIDER ALL ANGLES

Thomson Reuters Checkpoint rated 5 stars

for the past 11 years in a row

The CPA Practice Advisor

annual review of tax research systems(December 2004 – December 2014)

Page 6: Checkpoint Advantages

■ Eliminate the need to piece together tax law changes in order to obtain a current understanding of federal or state law — the topically-arranged Thomson Reuters Checkpoint Federal Tax Coordinator, code-arranged Thomson Reuters Checkpoint U.S. Tax Reporter and comprehensive Thomson Reuters Checkpoint State Reporters quickly incorporate law changes into the analysis using ‘in-place supplementation’

■ See the direction taken upon or by a case or ruling, as well as later citations of the case or ruling, with the Thomson Reuters Checkpoint Premium State Tax Citator and Thomson Reuters Checkpoint Citator 2nd — enhanced with editorial evaluations and judicial histories including ‘overruled by’ legislation

■ Quickly go to the relevant discussion in the full text of a federal tax case or IRS ruling using the editorial enhancements, including prior histories for cases, cautions for rulings, numbered headnotes by issue and links to all referenced source material

■ Go from the Internal Revenue Code directly to the analysis of recent legislation that impacted a code section using the New Law link — and see pending legislation via Thomson Reuters Checkpoint Bill Tracker

through the depth and detail of Checkpoint content integration. Checkpoint connects related analysis so you can gauge how various industry experts view an issue from a range of vantage points, such as tax, assurance and financial reporting; links to primary law sources are at the most granular level needed to quickly read and cite controlling authorities.

REDUCE UNCERTAINTY AND RISK

Page 7: Checkpoint Advantages

■ Stay on top of law developments on topics of interest to you, with customizable daily news

■ Receive alerts whenever a court case, IRC subsection, IRS ruling, or reporting standard from FASB, GASB, IASB, SEC, AICPA, or PCAOB is cited, superseded, or affected by a new development using Checkpoint Trackers

■ Learn what developments mean for you and your clients with expert views that go beyond the headlines to provide guidance on what to do and the tools to get it done

■ Monitor current developments and get notifications of legislative, regulatory, or judicial changes within a specified date range with Thomson Reuters Checkpoint Income Tax Developments Wizard

REDUCE UNCERTAINTY AND RISK

and stay current with the latest law developments through daily news, alerts and legislative highlights delivered directly to your inbox, including a range of personalization options to tailor your choice of coverage to your specific needs.

ANTICIPATE CHANGES

Page 8: Checkpoint Advantages

using tools, calculators and an extensive range of ‘Create-a-Chart’ comparison tables that turn otherwise time-consuming research into easy to achieve outcomes. Online courses and webinars provide practical, just-in-time knowledge on new tax laws, auditing standards and accounting pronouncements from leading subject matter experts.

TURN KNOWLEDGE INTO ACTION

“I would recommend Checkpoint (Credits and Incentives) Pinpointer to other accounting firms, no matter what the size, large or small, because it is the quick way to identify potential benefits for your clients.”

— Shawndel Rose, Manager of State and Local Tax at RubinBrown LLP

■ Find available credits and incentives for a specific location and review the complete details to understand eligibility with Thomson Reuters Checkpoint Credits and Incentives Pinpointer

■ Quickly analyze a nexus profile based on activities in a specific state with Thomson Reuters Checkpoint Nexus Assistant

■ Easily access thousands of state-by-state comparison Create-a-Charts and review essential information at-a-glance

■ Apply your knowledge to a particular situation using client letters, worksheets, checklists, elections, roadmaps and organizers

■ Make confident international tax planning and compliance decisions using reliable and current information backed by a network of international tax experts

Page 9: Checkpoint Advantages

■ Bridge the gap between interpreting the tax law and reporting real-life client transactions with PPC Tax Deskbooks, the gold standard in tax return guidance for over 25 years

■ Make quick work of responding to IRS taxpayer notices by inputting a notice or form number in the IRS Response Library to access step-by-step work plans and response documents

■ Speed up critical compliance processes with custom tools that help you get your work done faster such as Thomson Reuters Checkpoint PPC’s Practice Aids® and Thomson Reuters Checkpoint PPC’s Workpapers™ for audit and tax and Thomson Reuters Checkpoint PPC’s SMART Practice Aids® for audit

■ Accelerate your compliance work with direct line-by-line integration between Checkpoint guidance and Thomson Reuters tax compliance and workflow software solutions, including Thomson Reuters UltraTax CS®

TURN KNOWLEDGE INTO ACTIONto the IRS, State Departments of Revenue, AICPA, SEC, PCAOB, GAAP, IFRS and other agency rules, regulations and standards, using practice-proven guidance and tools.

COMPLY WITH CONFIDENCE

“The Suite of SMART Practice Aids... it’s been not only a significant time-savings for us, but a significant asset in terms of evaluating new situations, making sure that we have our reports correct, and just following through on the information.”

— Tim Vande Werken, Partner, Evenhouse & Co., P.C.

Page 10: Checkpoint Advantages

Checkpoint Catalyst should be a tool in every tax professional’s research toolkit and, more often than not, the starting place for their research. I can find information faster, so I’m spending a lot less time looking for relevant content and a lot more time reading the material.

— Elijah Farrell, International Tax Director, NIKE, Inc.

“ “

Page 11: Checkpoint Advantages

Best Legal Information Solution CHECKPOINT CATALYST

2015 SIIA CODiE Awards

FINALIST

2015 Accounting Today TOP NEW PRODUCT

RESEARCHCheckpoint Catalyst

Content

Solution for Integrating Content into Workflow

CHECKPOINT CATALYST

RESOLVE COMPLEX TAX ISSUESaffecting business-related transactions using Thomson Reuters Checkpoint Catalyst™. Save time and reduce the likelihood that something important will be missed with expert guidance on federal, state and US international tax implications.

■ Get to outcomes faster with Checkpoint Catalyst, providing a unique research workflow on business-related topics that brings together expert guidance, tools, diagrams and new developments in one easy to use view

■ Eliminate the need to check multiple resources with federal, state and U.S. international implications covered directly within the same Checkpoint Catalyst topic

■ Cut through complexity and gain a well-rounded understanding of an issue with links to additional expert perspectives from related WG&L treatises and journal

Tax & Accounting Technology Innovation CHECKPOINT CATALYST

2015 CPA Practice Advisor

NOMINEE

Page 12: Checkpoint Advantages

■ Join thousands of firms streamlining their processes and gaining significant efficiencies by adopting the full SMART Audit Suite

■ Pinpoint your audit procedures and avoid over-auditing with a risk-based audit program

■ Assess risk and tailor your programs without overcomplicating the process

■ Apply streamlined disclosure processes that save you time AND make you more effective

■ Integrate directly with comprehensive financial audit software, Thomson Reuters Engagement CS® and Thomson Reuters AdvanceFlow™

Checkoint SMART Audit SuiteCPA Practice Advisor Readers

#1 Choice for Audit Engagement Tools Five Years in a Row

(2011-2015)“Being able to tailor the programs, the risk assessment, the planning, for any size client is a huge benefit...”

— Erica Tang, Supervisor, Lane Gorman Trubitt

CONDUCT AUDITS EFFICIENTLYby relying on the market-leading Thomson Reuters Checkpoint SMART Audit Suite featuring seamless integration with audit and accounting resources on Checkpoint. The SMART Audit Suite provides the tools you need for high quality, risk-based audits.

Page 13: Checkpoint Advantages

Particularly strong with its search and customization options, Thomson Reuters Checkpoint is a powerful and user-friendly research platform for accounting professionals.

— CPA Practice Advisor, 2014 Review of Tax Research Systems

“ “CONDUCT AUDITS EFFICIENTLY

Page 14: Checkpoint Advantages

■ Achieve your professional learning and development goals with Checkpoint Learning, a unique combination of live learning, webinars, and online self-study options covering a broad range of CPE-accredited topics

■ Open up new consulting and revenue-generating services with specialist expertise gained from the Health Care Reform Certificate Program

■ Equip your staff with the competencies they need to provide high value tax work for your organization using the specially-designed Tax Research Certificate Program

■ Customized in-house training and consulting programs and services that teach efficiency while improving work quality

and maintain your CPA continuing education requirements with access to the market-leading library of Thomson Reuters Checkpoint Learning course titles. Choose from specialized industry topics, practice management, soft skills, technology and additional categories in self-directed or instructor led options to suit your learning style and schedule.

ENRICH YOUR EXPERTISE

“My favorite feature has to be the attachment tool for external certificates. This has helped us to become more organized while saving time (and expense) by keeping all CPE history in one location.”

— Tamara Carr-Granstrom, Training Coordinator

Page 15: Checkpoint Advantages

WORK PRODUCTIVELY AS A TEAMusing notes and highlighting in Checkpoint to annotate content and then email documents to your colleagues, or export to Microsoft Word® or Adobe PDF® formats. Exported content includes hyperlinks back to cited references on Checkpoint. You can also embed citations into your internal work documents for linking back to Checkpoint.

ENRICH YOUR EXPERTISE

■ Export Checkpoint documents to common formats such as Word, PDF and HTML

■ Export Checkpoint Create-a-Charts to Microsoft Excel® format

■ Insert links to Checkpoint citations in any software that supports linking, such as Word documents, spreadsheets, presentations and email

■ Email documents directly to colleagues including embedded notes and highlights

Page 16: Checkpoint Advantages

©2015 Thomson Reuters. Thomson Reuters, Checkpoint, RIA, EBIA, PPC, WG&L, Checkpoint Catalyst, PPC’s Practice Aids, PPC’s SMART Practice Aids, PPC’s Workpapers, Engagement CS, UltraTax CS, AdvanceFlow and the Kinesis logo are trademarks of Thomson Reuters and its affiliated companies. All other trademarks listed herein are theproperty of their respective owners. T-600811

tax.thomsonreuters.com/checkpoint

FOR MORE INFORMATION

Call 800.950.1216 Or visit tax.thomsonreuters.com/checkpoint Or find your Account Manager at tax.thomsonreuters.com/my-account

About Thomson ReutersThomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs approximately 60,000 people and operates in over 100 countries. For more information, go to thomsonreuters.com.

About Thomson Reuters CheckpointThomson Reuters Checkpoint is the industry leader providing intelligent information to tax and accounting professionals — including expert research, guidance, technology, tools, learning, and news. With our respected Quickfinder, PPC, RIA, WG&L, Boskage and EBIA content, Checkpoint is relied on by hundreds of thousands of professionals to understand complex information, make informed decisions and use knowledge more efficiently.