CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

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

  • AFSP
  • CPA/CITP
  • CPA (US)
  • EA
  • Tax Preparer
  • CTEC
Why do tax professionals need Cloud Hosted Accounting Software this tax season?

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-00405-21-O)

1 CE credit of Federal Tax Subjects for California Tax Professionals (CTEC Approved - 6273) (Approval No. 6273-CE-0406)

1 CE credit of Annual Filing Season program (AFSP)( IRS Approved : GEHNZ )

1 CPD credit (Verifiable) of Information Management for all CITP (AICPA)

1 CE credit of Federal Tax for Oregon Tax Preparers (Approval No. GEHNZ-T-00405-21-O)

1 CE credit of Federal Tax for Maryland Tax Preparers (Approval No. GEHNZ-T-00405-21-O)

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Upcoming Webinars

Best Tax Return Workshop - Partnerships & LLCS (Form 1065) Latest

Sep 21, 2021 | 09:00 AM EDT View Details

Excel Accountant: Filtering Data

Sep 21, 2021 | 10:00 AM EDT View Details

IFRS 15 - Revenue Recognition Redefined for All Industries

Sep 21, 2021 | 10:00 AM EDT View Details

Corporate Accounting & Auditing Best Practices

Sep 21, 2021 | 10:00 AM EDT View Details

Real Estate Tax Strategies: Cost Recovery, Partial Dispositions, Removal Cost, Int. Deductions, Repairs & Capital Improvements

Sep 21, 2021 | 10:00 AM EDT View Details

IFRS Fixed Assets (Property, Plant & Equipment)

Sep 21, 2021 | 10:00 AM EDT View Details

Retirement Plan Governance Best Practices: Fiduciary Responsibility

Sep 21, 2021 | 10:00 AM EDT View Details

Update on the AICPA's Enhancing Audit Quality Initiative

Sep 21, 2021 | 10:00 AM EDT View Details

Building the Best Employee Handbook

Sep 21, 2021 | 10:30 AM EDT View Details

Faces of Fraud: How to Stay Safe From the Latest Threats

Sep 21, 2021 | 10:30 AM EDT View Details

Proper Preparation Submission & Negotiation - Offers in compromise(OIC)

Sep 21, 2021 | 10:30 AM EDT View Details

Staying Out of Jail: Leveraging the Dept. of Justice Compliance Guidance

Sep 21, 2021 | 10:30 AM EDT View Details

Maximize ERC Tax Credits for Your Businesses & Clients - Plus New Form 941 and Form 7200

Sep 21, 2021 | 10:30 AM EDT View Details

Crucial Insights & Tax Strategies on S Corporation

Sep 21, 2021 | 11:00 AM EDT View Details

Internal Audit Standards

Sep 21, 2021 | 11:00 AM EDT View Details

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

Testimonial

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    [average] => 4.1714
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)
 

4.2

(70)
47%
31%
13%
9%
0%

RR

Great

BK

new learning

IB

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

QL

It's a great platform for learning

HS

n/a

NNS

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