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Why do tax professionals need Cloud Hosted Accounting Software this tax season?

  • Accountant
  • AFSP
  • CRTP
  • CPA/CITP
  • CPA (US)
  • EA
  • ORTP
  • MRTP
  • CFIRS
  • CWS
  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Course Description

Tax professionals of the 20th century believed in traditional tax filing systems. They used notebooks and paper ledgers to store their data and later moved to digital software for the same. However, both these methods had one common problem – they maintained data locally. With time, some drastic technological advancements took place, and the world around us started becoming digital. Now tax professionals and businesses are moving towards cloud accounting and cloud-based tax filing.

Cloud-based tax software is an adaptation that helps to meet the competitive market requirements. Organizations or tax professionals are switching from traditional accounting systems to cloud-based accounting systems to have centralized financial data for tax filing, lower cost of maintenance of servers, authorized access to the system, and on-demand financial summary of the organization. Additionally, they get features like flexibility, agility, scalability, and technical integrations with big data tools. All these features can help tax firms to meet client demands with the utmost ease.

Problems Tax Professional Face During The Tax Season: 

  1. Bringing all Stakeholders on the Same Platform
  2. Security concerns 
  3. Data and file management 
  4. Downtime that leads to business discontinuity,
  5. Lack of time management 

When you migrate to cloud hosting, you can combat all the above challenges. Benefits of Cloud hosting includes:

  1. Cloud-based tax software provides the advantage of no installation and maintenance. Also, other processes such as installing the updates are taken care of by the service provider. 
  2. A cloud-hosted tax system helps report and maintain the tax data at one location and is available only to the authorized personnel. 
  3. The adoption of cloud-based tax software and applications by firms facilitates access to financial data anytime, anywhere via the Internet.
  4. With cloud-based tax applications, accountants get highly customizable accounting solutions to fit the business needs, creating a customized solution and an ecosystem of its own.
  5. Since the data is maintained on cloud-based servers, the need for paperwork goes significantly down in the digital world.

The webinar will shed some light on the benefits cloud computing offers to tax professionals and how it can help to make tax season a little stressful. 

Highlights of the webinar: 

  • Identifying the challenges tax professionals face during the tax season? 
  • How cloud technology can help to make the tax season stress free? 
  • How to secure the client data while using the cloud? 
  • How to eliminate IT hassles and keep up the business continuity?
  • How to be cost-efficient in the operations?
  • What cloud hosting is and what it brings to the table for tax professionals?
  • How can you seamlessly migrate to the cloud without any hassle?
  • How moving your tax software to the cloud can save time & money?
  • Tax Season Pro tips 
  • Learning from our case studies.

Learning Objectives

  • To recognize the need for cloud solutions during the tax season.
  • To identify the challenges tax professionals face and how cloud technology can help.
  • To know how cloud solution can help make tax season less stressful, especially during COVID times
  • To give a better insight into how cloud hosting can solve issues pertaining to challenges professionals face in their daily lives.
  • To examine how cloud enables business continuity even when an unannounced natural disaster occurs.
  • To discuss how business and tax professionals can handle remote working challenges?

Who Should Attend?

  • Bookkeepers & Accountants & Tax Preparers
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Enrolled Agent
  • Tax Accountant (Industry)
  • Tax Attorney
  • Tax Director (Industry)
  • Tax Firm
  • Tax Managers
  • Tax Practitioners
  • Tax Preparer
  • Tax Professionals
  • Tax Pros
  • Young CPA

Course Qualification

Webinar Qualifies For

  • 1 CE Credit of Taxes for Annual Filing Season Program (AFSP)
  • 1 CE Credit of Federal Tax Related Matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-0406)
  • 1 CPD Credit of Information Governance for Certified Information Technology Professionals (CITP)
  • 1 CPE Credit of Taxes for Certified Public Accountants (CPA-US)
  • 1 CE Credit of Taxes for Enrolled Agents (EA) (Approval No. GEHNZ-T-00405-21-O)
  • 1 CE Credit of Federal Tax Related Matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-00405-21-O)
  • 1 CE Credit of Federal Tax Related Matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-00405-21-O)
  • 1 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
  • 1 CE Credit for Certified Wealth Strategist (CWS)
  • 1 General Credit for Accountant/Bookkeeper/Tax Professionals

Additional details

  • Course Level :
    Basic
  • Credits :
    1
  • Instructional Method :
    Group Internet Based
  • Pre-requisites :
    None
  • Advance Preparation :
    None

IRS APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

CTEC APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor ID# : 6273) has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.

Presenter

About Presenter

Aundray Philip D’silva

Operations Manager, Ace Cloud Hosting

Aundray Philip D’silva has over a decade of experience. He is exceptional at articulating solutions across a wide variety of services like Cloud computing and storage, Workload migration, and Cloud management. His expertise in Virtualization and Servers adds significant value to the business.

He has contributed tremendously in implementing seamless cloud migration. He prides himself in being able to turn traditional technology from a necessary evil to a strategic asset  through the development and execution of a customized roadmap.

About Company

Ace Cloud Hosting

www.acecloudhosting.com/

Ace Cloud Hosting is an Intuit Authorized Commercial Host and QuickBooks Solution Provider. It provides a wide range of cloud services, including managed server hosting, private server hosting, application hosting, Desktop as a Service (DaaS), among others, which help clients to achieve their business objectives by providing the best-in-class cloud solutions.


Ace Cloud Hosting equips businesses and professionals in various industries, such as accounting, legal, retail, construction, real estate, etc., with cloud solutions powered by High-Performance Computing servers that check every box on quality standards, including security, availability, and consistency of speed. From maintaining infrastructure to managing the software demands, Ace Cloud Hosting takes care of all the issues and gives the clients a comfortable virtual workplace to achieve more.

We offer:


  • Multiple data protection measures, like end-to-end encryption, anti-malware, multiple firewalls, TFA, and more are enabled to secure data and apps on the cloud
  • SLA-backed 99.999% uptime
  • A fully redundant IT infrastructure, not only with hard disk and servers but also with geographical locations of the data center
  • Business continuity and disaster recovery (BC&DR) that ensures your critical business applications are operational without the slightest disruption.
  • Tailor-made solutions for the diverse types and sizes of industries, including accounting, tax, retail, construction, nonprofit, and legal
  • SSD-based High-Performance Computing (HPC) Servers for superfast and parallel computing experience
  • 200+ app integration to empower your operations with more automation, reduced manual data entry tasks, and fewer chances of errors

Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
  • Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
  • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
  • If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.

Ratings and Review

4.2

70 Ratings

Excellent

33

Very Good

22

Average

9

Poor

6

Terrible

0

IB

Ignacio Burgos, EA

Feb 27th, 2021

The presenter was very knowledgeable is this subject and fielded questions well.

BK

Bansari Kinkhabwala, CPA (US)

Mar 2nd, 2021

new learning

RR

Rick Rancourt, CPA (US)

Apr 7th, 2021

Great

NNS

Noel Nathaniel Singh, AFSP

Feb 26th, 2021

MyCPE is doing their best to equip every Tax professionals, but some time can be disappointed.

VG

Vega Girodo, CPA (US)

Feb 26th, 2021

Very informative. Wish instructor had done a demo of what happens.

Why do tax professionals need Cloud Hosted Accounting Software this tax season?

FREE

1 Credit

Subject Area

Taxes

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