Three Digital Changes to Consider Ahead of the New Tax Filing Season

In just a few short weeks, a new tax filing season opens. For many tax and accounting businesses, a new season means continuing a successful formula. They’ve established a loyal clientele, who rely their expertise for the best return outcomes. They’ve also fine-tuned their workflows to maximize efficiency and productivity.

But even the most precision-engineered tax and accounting office always has room for continual improvement. In particular, making small digital changes could yield big workflow returns.

Step through the Portal to Better Document Management

Let’s imagine your office’s current setup. Most of your workflow already is digital. You prepare and file the vast majority of your clients’ tax returns electronically. And while you might still refer to the proverbial shoebox full of receipts, you soundly prefer to digitize these types of documents.

But what happens when you want to share a document with a client? Or a fellow staff member in your office? Introducing a document portal to your workflow lets you bypass email and better protect sensitive information. Plus, a portal gives your clients the ability to access and review documents whenever they prefer.

Sign on to Digital Signatures

Now let’s go another step further with client documents. You’ve got them digitized, and you might even be using a portal. But how do you approach the dotted line?

Digital signatures introduce another layer of document security. They effectively close the paper loop, as there’s no need print a document in order for a client to sign. Plus, digital signatures offer far greater convenience than their hard-copy counterparts. A client can simply initial a document or even sign their return securely online, saving a trip to your office or fees to courier or send overnight.

Take Tax Research Online

Even in the most digitized of workflows, a particular paper-centric bastion often persists. Traditionally, tax research meant having handy physical copies of current regulations and analysis. But in a complex tax landscape, a digital research alternative could be a wise investment.

Meanwhile, taking your tax research digital has another important advantage over paper. When integrated directly within tax preparation software, a digital research platform can save you time and patience, both of which are especially valuable during the filing season.

Ready to make this filing season your best yet? Learn more in our free eBook, 5 Tips for a Successful 2018 Tax Season.


Wolters Kluwer Tax and Accounting

Wolters Kluwer Tax and Accounting is a leading provider of software solutions and local expertise that helps tax, accounting, and audit professionals research and navigate complex regulations, comply with legislation, manage their businesses and advise clients with speed, accuracy and efficiency. Wolters Kluwer Tax and Accounting is part of Wolters Kluwer N.V. (AEX: WKL), a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services. Wolters Kluwer reported 2016 annual revenues of €4.3 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide. Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).

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