Tax Planning and Tax Strategies at Intuit
Client data is automatically mined with the integration of Lacerte and ProConnect Tax, resulting in considerable time savings for your business and more precise tax estimates for your clients. Delivering advisory services to your clients effectively requires having helpful, always-on tools that can provide them with the data they need to make better decisions. The procedure is simpler than ever with the new Intuit Tax Advisor (ITA), which is available at your fingertips.
You’ll receive crucial information and advice to assist your clients because of the seamless interaction between ITA, Intuit ProConnect Tax, and Lacerte Tax. ITA enables you to build individualised tax planning that provides value-added services to your clients, including tax savings and strong, simple reporting. It does this by bringing tax prep and adviser tools under one roof.
According to Barry Pennett, senior vice president and general manager of Intuit ProConnect Group, “ITA can help tax professionals differentiate their services and power prosperity with industry-leading change at a time when more and more people need advisory services to assist them in making important financial decisions. “ITA is created to achieve precisely that. There is a clear need for an appetite for generating additional value for clients and firms.
Client data is automatically mined with the integration of Lacerte and ProConnect Tax, resulting in considerable time savings for your business and more precise tax estimates for your clients. As a result, the planning and predictions of the programme incorporate all legislatively enacted tax law revisions with built-in compliance.
One of the products of Intuit – QuickBooks, a well-known accounting programme for small businesses, is expanding into the web market with Trada by QuickBooks. Intuit does not want to compete with websites that are predominantly B2C (Business to Consumer) marketplaces, such as eBay, Etsy, or others. Instead, because it concentrates on B2B (Business to Business) transactions, Trada by QuickBooks distinguishes out from the rest of online marketplaces. Rajat Khare, an employee at Intuit, works on QuickBooks and other software for small businesses. Within the QuickBooks Ecosystem, which has more than 8 million customers, he has created a range of innovations for small business-focused solutions.