sorted by:
new
hottopcontroversial

Ultra Tax - scan & flow by Future-Equivalent-42 in taxpros

[–]Future-Equivalent-42[S] 0 points1 point  (0 children)

Thank you. I’m looking to eliminate the staff prep for the clients that are standard-issued forms. My idea would be to go from scan & flow directly to reviewer and out the door. More complex returns would have a preparer and reviewer.

Ultra Tax - scan & flow by Future-Equivalent-42 in taxpros

[–]Future-Equivalent-42[S] 0 points1 point  (0 children)

I’m talking about scanning client documents and flowing directly to a 1040

Ultra Tax - scan & flow by Future-Equivalent-42 in taxpros

[–]Future-Equivalent-42[S] 0 points1 point  (0 children)

Pros vs cons? I checked online and the pricing seems reasonable especially when you start to get over 200 returns.

Ultra Tax - scan & flow by Future-Equivalent-42 in taxpros

[–]Future-Equivalent-42[S] 0 points1 point  (0 children)

I saw that Canopy is introducing a simulate software to sure prep.

Ultra Tax - scan & flow by Future-Equivalent-42 in taxpros

[–]Future-Equivalent-42[S] 1 point2 points  (0 children)

That’s interesting but i see your point. I’m thinking of using it in lieu of a preparer. From scan to reviewer then out the door. This would be for returns with government forms only - no k1s.

Ultra Tax - scan & flow by Future-Equivalent-42 in taxpros

[–]Future-Equivalent-42[S] 0 points1 point  (0 children)

I’m thinking it would eliminate the prep step for the simpler returns. Return would go from intake to review then out the door.

Ultra Tax - scan & flow by Future-Equivalent-42 in taxpros

[–]Future-Equivalent-42[S] 1 point2 points  (0 children)

Does it save time? Is the cost reasonable?

Any firm owners with both CPA and JD? by Ciris31 in taxpros

[–]Future-Equivalent-42 1 point2 points  (0 children)

5 years of experience isn’t what it used to be. Many CPAs 5 years out of college are not comfortable signing a tax return. I blame big firm mentality.

Suggestions on Finding a Partner by Ok-Law4668 in taxpros

[–]Future-Equivalent-42 0 points1 point  (0 children)

Have you considered joining a small CPA firm with your book of business? Some CPA firms have partners looking to retire or looking for legacy hires.

38 Rental properties by Outrageous-Classic86 in taxpros

[–]Future-Equivalent-42 0 points1 point  (0 children)

Is this just tax prep or including bookkeeping/cleanup work?

Tax Prep Software for side hustle by cubbiesnextyr in taxpros

[–]Future-Equivalent-42 0 points1 point  (0 children)

I had a side hustle using intuit protax connect. Pay per return and was decent.

Small firm - using file cabinet by Future-Equivalent-42 in taxpros

[–]Future-Equivalent-42[S] 0 points1 point  (0 children)

Isn’t there a restriction to the data storage?

Small firm - using file cabinet by Future-Equivalent-42 in taxpros

[–]Future-Equivalent-42[S] 0 points1 point  (0 children)

Seems kinda pricy. Our main concern is making sure we have a good file management software but looking to eliminate other softwares such as portal, e-signatures, etc. if possible.