Alleviating staffing concerns by leveraging automation with outsourcing

Solutions in Focus: 1040SCANverify

The tight labor market is negatively impacting firms nationwide. In response, many firms are leveraging 1040 automation to reduce or eliminate data entry into tax software.

Accounting degree completions at the Associate's and Bachelor's levels have been in steady decline for 10+ years.

AICPA 2021 Trends Report

CPE credit is available for live CPAacademy sessions only.

5 talent trends in tax & accounting

Solutions in Focus: Change Management

The so-called “Great Resignation” has complicated an already tight labor market in the tax and accounting industry. Changes in the way people view work have caused a shift in priorities so today’s forward-thinking firms must re-imagine the workplace to attract talent and stay competitive.

CPE credit is available for live CPAacademy sessions only.

Automation and public accounting: How tax preparation is evolving through artificial intelligence

Solutions in Focus: 1040SCAN, SPbinder, TaxCaddy

Artificial intelligence (AI) is transforming the tax and accounting industry at a rapid pace. This emerging technology reduces or eliminates the redundant, manual, transactional work required to prepare 1040 tax returns.

CPE credit is available for live CPAacademy sessions only.

Tax season report card: How did your firm score this tax season?

In this webcast, we’ll reflect on your firm’s performance in 4 categories: Talent, Growth, Client Service, and Efficiency. Together, we’ll recognize common pitfalls, nuances, and pain points for your firm, so we can begin the process of a stronger, more successful next tax season.

How many clients were a breeze, as opposed to the ones that make you scream into a pillow?

Thomson Reuters

CPE credit is available for live CPAacademy sessions only.

The end-to-end digital 1040 tax return – A demonstration

Solutions in Focus: TaxCaddy, 1040SCAN, SPbinder

In this session, we demonstrate a completely digital, end-to-end 1040 tax return solution that lowers costs, increases efficiency and improves the client experience. This includes requesting and receiving digital documents and e-signatures from clients, scanning digital documents through Optical Character Recognition to eliminate data entry, preparing and reviewing digital workpapers, delivering tax returns electronically, and facilitating invoicing and payment.

The process starts and ends with the taxpayer and automates everything in between.

David Wyle, SurePrep

CPE credit is available for live CPAacademy sessions only.

Nuts & bolts of cryptocurrency taxes

Solutions in Focus: TaxCaddy, 1040SCAN, SPbinder

More than 46 million Americans now own Bitcoin. However, only a few tax professionals understand how to help individuals and businesses dealing with cryptocurrency. This session walks you through the tax implications of common cryptocurrency-related transactions and how to successfully service clients affiliated with cryptocurrency using smart tools like CoinTracker and SurePrep.

This subject [cryptocurrency] has gone mainstream over the last several years, and it has made this a subject that every tax practitioner needs to know going into the next tax season.

Shehan Chandrasekera, CPA, Head of Tax Strategy at CoinTracker

CPE credit is available for live CPAacademy sessions only.

The future of tax prep: How AI will transform public accounting

Solutions in Focus: 1040SCAN, SPbinder

This accounting webinar examines how Artificial Intelligence and Machine Learning will transform the tax and accounting industry. These emerging technologies will increase the value of the services you provide to your clients by reducing or eliminating the redundant, manual, transactional work required to prepare tax returns.

“It’s SurePrep’s mission to automate tax preparation while maintaining human-level accuracy via machine vision, text-processing, and image/text similarity algorithms built on top of our proprietary platform of extensive human-curated tax data.

Alex Sadovsky, SurePrep

CPE credit is available for live CPAacademy sessions only.

Best practices in crypto tax reporting and 1040 workflow automation

Solutions in Focus: TaxCaddy, 1040SCAN, SPbinder

Virtual currency—that is, crypto tax reporting—continues to be a top enforcement priority for the IRS. The virtual currency question is moving to page 1 of Form 1040 this tax season. An estimated 12 to 21 million taxpayers will need guidance on their crypto activity. Firms that prepare for the cryptocurrency wave will gain the most significant share of these high-value clients. This accounting webinar looks at the challenges crypto tax reporting poses for professionals. You’ll learn best practices as we demo an end-to-end crypto workflow that you can implement today. You don’t need to be a crypto expert to maintain efficiency, minimize risk, and improve the client experience. We’ll even show you how to automate data entry into tax software.

You and your clients can use the system simultaneously to review transactions or discuss year-end planning strategies. You can help them directly on their behalf as a value added service.

John Wandrisco, Verady

CPE credit is available for live CPAacademy sessions only.

Adopt 1040 client-centric habits and workflows

Solutions in Focus: TaxCaddy, 1040SCAN, SPbinder

If your 1040 clients are emailing photographs of their source documents, they’re sending you a signal. The paper organizer is no longer suitable for document gathering. Today, most clients expect the same mobile convenience they receive from other financial service providers. In this accounting webinar, we discuss how Net Promoter Score and Customer Satisfaction surveys ensure happy clients. Improve retention this tax year and well into the future.

According to a recent Salesforce study, 76% of consumers think companies should understand their expectations and needs. But how can you do that if you’re not asking what those needs are and how they think you’re doing in satisfying those needs?

Greg Pope, SurePrep

CPE credit is available for live CPAacademy sessions only.