tech and fintech

use scanners to capture source documents

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a person electronically scanning a documentdata must be captured at three levels.

by roman h. kepczyk
quantum of paperless

one of the keys to optimizing production processes is capturing information at its “root” source. this means when data enters your firm, regardless of the format (mail, fax, email or on a flash drive). ideally, documents would be provided to the firm in a digital format such as secured email or preferably through a web portal, but the reality today is that a significant portion of accounting firm source documents

more on tech spending: monitor real estate: more is better | keep your tech budget updated | mandate training programs | turn to portal encryption
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ideally, documents would be provided to the firm in a digital format such as secured email or preferably through a web portal, but the reality today is that a significant portion of accounting firm source documents continue to arrive from clients in a traditional paper format. your firm will need to develop processes to efficiently scan, name and store these documents.
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survey results: security and id theft emerge as top tax season worry

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even as irs sees declines.

by rick telberg
卡塔尔世界杯常规比赛时间

the 卡塔尔世界杯常规比赛时间 busy season survey is turning up a disturbing finding, one that looks like it’s only going to get worse.  join the survey. get the answers

late and unprepared clients scored high, indicated by 41.6 percent of respondents. staffing issues, at 34 percent, was right up there, too. but the most common concern was security, privacy, and identity theft, checked off by 46.2 percent.

more on busy season: tax refunds up slightly   |   irs budget: penny-wise, pound-foolish   |   irs taxpayer advocate questions preparation of tax preparers   |   future state or future shock? irs watchdog warns of dubious irs plans   |

join the survey. get the results
join the survey. get the results.

tax season productivity hacks   |   tax filings data looking less squirrely   |   letting staff go after tax season   |  how to sell bundled tax services   |   survey results: who’s afraid of busy season 2017?   |   a little tax humor   |   tax return filings still lag, but pros hold 57% of market   |   checklist: 46 avoidable tax-filing errors – if clients only knew   |   survey results: practitioners bullish on busy season 2017   |   free instant download: sample fee schedule for 1040s   |   tax filings down, but irs blames the calendar   |   busy season 2017 gets off to strong start   |  2017 fee survey: price for non-itemized 1040s advances 6% to $176    |   the annual tax meeting is dead. clients killed it.   |   mandatory saturdays stir controversy 

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

it isn’t often that one category of concern reaches the mid-40s. in 2016, “clients late or unprepared” is the only one that’s consistently up there, ranging from a low of 47.3 in 2016 to 59.3 percent in 2010. but generally, the numbers for that category have been improving.

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future state or future shock? irs watchdog warns of dubious irs plans

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questionable solution: irs outsourcing taxpayer communication.

 

by rick telberg
卡塔尔世界杯常规比赛时间

a few years ago the internal revenue service launched a belt-tightening overhaul it called the future state.

the changes were devised with good intentions. the service wanted to deal with taxpayers more through the internet and less over the phone or in person. it would also expect taxpayers to hire outside tax specialists to give them advice that the irs had once offered as a free service.

ideally, all of this would reduce the cost of collecting taxes. but the taxpayer advocate service soon warned that the changes would lead to more aggravation and less goodwill among taxpayers. less goodwill, the tas said, could lead to less compliance, which translates into less revenue to the united states treasury.

the irs heard the warnings and initiated a country-wide series of forums and a website dedicated to explaining the future state plan. irs representatives even went before congress to explain that the service was not eliminating all phone or personal contact with taxpayers.

national taxpayer advocate nina olson, who heads the tas, commended the irs on these outreach efforts, but she felt that the real problems had not been addressed. the plan failed to consider and incorporate the needs and preferences of people who are expected to voluntarily comply with their tax obligations, i.e., american taxpayers.

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monitor real estate: more is better

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empty office space with many monitorsno, one big screen is not just as good as multiple smaller ones.

by roman h. kepczyk
quantum of paperless

the best place to start the discussion on hardware is with monitors as it is the easiest place to see an immediate return on your it investment.

more on tech spending: keep your tech budget updated | develop monthly it flash reports | centralize contact administration | is your ap digital yet? | a better way to handle time & expenses | how the best cpa firms capture best tech practices in procedures manuals | workflow systems make tax season less tedious | smart firms don’t happen by accident
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your monitors are your windows into all digitally stored information and are the foundation for improving every aspect of firm production. transitioning tax production processes from physical to digital requires that all input screens and source documents be simultaneously viewable in a convenient format, which today means more screen real estate per workstation.
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lessons for accountants from self-driving cars

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//www.g005e.com/2017/02/20/seven-lessons-accountants-self-driving-cars/how to make the leap from sci-fi fantasy to business reality in six steps.

by hitendra patil
the definitive success guide to client accounting services

the uberization of accounting has already begun, and disruption is creating a “no-choice future” for some firms.

more:  rotten tomatoes: what do your clients really think of you?  |  targeting the top 50 highest-paid client categories  |  survey results: decide to be decisive  |   the curious case of ‘the irreplaceable accountant’  | the three gears that drive success in the accounting business  |  brexit worries?  worry more about cexits, texits and pexits  |  linkedin launches accountant-for-hire service  |  4 pillars of future firm foundation  |  ‘uberizing’ means more than technology  |  you don’t think technology helps get new clients?  |  do you want a practice … or a business?  |  ‘decisiveness’ rated top trait for   success in accounting business  |  tax season management: multi-tasking is a myth  |  3 apps to automate business networking  |

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

self-driving cars are meant to enrich human life. and therein are the hints of the future of the accounting profession. here’s how… read more →