AI for Accounting Practices

Home / Tax Preparation & Review AI

UltraTax CS

Thomson Reuters' professional tax suite for 1040, 1120, 1065 and 1041 returns that connects to the CoCounsel Tax AI assistant.

Visit tax.thomsonreuters.com

What the AI doesCoCounsel Tax integration (AI-powered assistant linking Checkpoint research, document analysis and firm knowledge to UltraTax CS work); Ready to Review agentic 1040 prep sold separately
Who it servesAll practices
Starting priceQuote-based
Pricing modelQuote-based
Free trialNot stated on the vendor site
Best fitSmall firm, Mid-size firm
CategoryTax Preparation & Review AI
Works withCoCounsel Tax, Accounting CS, Practice CS, Onvio, 1040SCAN, SPbinder, SafeSend
SOC 2Not stated on the vendor's site
Checked2026-10-29, against the vendor's own page

Who it's for

UltraTax CS is listed as a fit for small and mid-size firms, and the vendor names accounting practices generally on its own site. The job it gets hired for: preparing and reviewing returns faster, with AI reading the source documents and flagging what doesn't tie out.

What it costs

UltraTax CS is priced by quote, so the demo is where you get a number tailored to your firm. Ask the vendor about a trial when you reach out.

Good to know

UltraTax CS is Thomson Reuters' professional suite for 1040, 1120, 1065 and 1041 work, with pre-submission diagnostics, multistate apportionment and e-file through CS Connect. Its AI arrives through CoCounsel Tax, which links Checkpoint-backed research, document analysis and a firm knowledge base to your returns, and through Ready to Review, the agentic 1040 preparer sold separately. UltraTax itself is priced on users, returns and jurisdictions by quote; CoCounsel Tax Essentials posts $1,300 per user per year for firms up to 10 users.

More in Tax Preparation & Review AI