CPE Packages (Incl. Ethics) for Multiple States and Qualifications Available. Price $4/credit - CLICK HERE to view.

Leverage Technology & Automation to Increase 1040 Tax Prep Profitability & Efficiency

4.4 (107)

David Wyle

SurePrep, LLC

Thursday, July 30, 2020 | 02:00 PM EDT

  • CPA
  • EA

1 Credit

FREE

Subject Area

Taxes

Webinar Qualifies For

1 CPE credit of Taxes for all CPAs

1 CE credit of Federal Tax for Enrolled Agents ( IRS Approved : GEHNZ ) (Approval No. GEHNZ-T-00206-20-O)

1 CE credit of Federal Tax Subjects for California Tax Professionals (CTEC Approved - 6273) (Approval No. 6273-CE-0214)

1 CE credit of Federal Tax for Oregon Tax Preparers (Approval No. GEHNZ-T-00206-20-O)

1 CE credit of Federal Tax for Maryland Tax Preparers (Approval No. GEHNZ-T-00206-20-O)

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Upcoming Webinars

employment law in a nutshell – guidance for your business

(1)

Jun 18, 2021 | 09:00 AM EDT View Details

irs tax practice & procedure introduction

Jun 18, 2021 | 09:30 AM EDT View Details

differences between ifrs and gaap

(4)

Jun 18, 2021 | 09:30 AM EDT View Details

addressing single audit quality in a covid-19 era

Jun 18, 2021 | 09:30 AM EDT View Details

advance irs learning: multiyear non-filing, criminal investigation, voluntary disclosure, whistleblower claims etc.

(2)

Jun 18, 2021 | 10:00 AM EDT View Details

tax strategies for real estate: crucial insights: acquisition and depreciation strategies

(5)

Jun 18, 2021 | 10:00 AM EDT View Details

keys to maintaining an effective and strong internal audit department

(1)

Jun 18, 2021 | 10:00 AM EDT View Details

best tax return workshop on s corporation (1120s) - latest

(3)

Jun 18, 2021 | 10:00 AM EDT View Details

are you creating legal liability when you hire or recruit online? - covid -19 special

(37)

Jun 18, 2021 | 10:00 AM EDT View Details

annual federal tax update - c & s corporations, partnerships & llcs (forms 1120, 1120s & 1065)

Jun 18, 2021 | 10:00 AM EDT View Details

yellow book boot camp - nfp and governmental accounting & auditing update

(1)

Jun 18, 2021 | 10:00 AM EDT View Details

partnership preparation, basis calculations & distributions–form 1065 schedule k & k-1 analysis

Jun 18, 2021 | 08:00 AM PDT View Details

comprehensive tax strategies & insights on real estate

(3)

Jun 18, 2021 | 08:00 AM PDT View Details

internal controls for businesses

(2)

Jun 18, 2021 | 08:00 AM PDT View Details

maximizing home office deduction (covid special - latest)

(7)

Jun 18, 2021 | 11:30 AM EDT View Details

Course Description

Quite simply, automating tax workflow allows firms to leverage technology to make better use of the tax professional’s time, allowing them to focus on chargeable tax work and advice and reducing the number of administrative tasks that typically consume their days.

As our thinking on automated tax workflow matures, we can also apply these new technologies across every phase of the tax return preparation process—for instance,

  • Appropriately distributing tax preparation duties to staff members based on the level of experience,
  • Standardizing client communication processes for consistency,
  • Reviewing tax returns more efficiently and effectively so that sound tax advice can be offered to your clients. 

For years, companies have used technology to increase efficiency and profitability. In today’s recessionary environment, margin optimization is a top priority of leading CPA firms and newly patented scan and populate technology deliver meaningful savings to the bottom line. In this session, we’ll look at statistical data to prove how technology-driven firms are reducing costs and increasing margins in their 1040 tax practices. We’ll demonstrate some of the ways you can use technology to drive savings to your CPA firm’s bottom line, including:

  • Eliminating human verification for native PDFs
  • Cutting review time in half so those hours can be spent on high-value services
  • Leveraging onshore and offshore resources to reduce costs
  • Automating and streamlining 1040 client collaboration

Learning Objectives

  • To identify the best practices on automating areas in your office.
  • To identify ways of saving time by eliminating manual organization and data entry—and the errors and headaches that come with it
  • To identify how the tax preparation process can be streamlined and efficient for more profitability and productivity
  • To identify ways of reducing the time consuming process of organizing the shoe-box of client source documents

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • Accounts Director
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Entrepreneurial Accountant
  • Entrepreneurial CPA
  • Senior Accountant
  • Staff of Accounting Firm
  • Tax Accountant (Industry)
  • Tax Director (Industry)
  • Tax Firm
  • Tax Managers
  • Tax Preparer
  • Young CPA

Testimonial

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    [average] => 4.3551
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4.4

(107)
54%
35%
7%
2%
3%

KK

It was full of useful information and I strongly recommand it.