SAGE UNVEILS TAX UPDATE FOR FASSage Software has unveiled its annual tax update release for its Sage FAS Fixed Assets product line. Sage FAS V. 2007.1 includes enhancements and a number of changes to assist with tax law, Internal Revenue Service compliance, and forms such as Form 4562.

Tax updates have also been made to the Sage FAS 50 Fixed Assets, Sage FAS 100 Fixed Assets and Sage FAS 500 Fixed Asset products, Sage's asset accounting and asset inventory systems. Also updated is Audit Advisor, an FAS feature that helps facilitate a final check of fixed assets to look for areas of noncompliance with IRS regulations.

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