CEDAR RAPIDS, Iowa, Nov. 28, 2017 /PRNewswire/ — TaxAct has entered a strategic partnership with Taxaroo, a provider of innovative practice management solutions, to offer tax professionals the tools they need to streamline workflows, strengthen client relationships, and grow their practices ahead of the next tax-filing season.
Taxaroo’s customizable features will be available to tax professionals to complement TaxAct’s suite of TaxAct Professional products, which provide scalable software and e-filing options for tax practices of all sizes.
For more information, visit https://www.taxact.com/professional/resources/taxaroo.
“Our partnership with Taxaroo enhances our product suite with scalable information collection, document storage, e-signature, and invoicing and payment functionalities that automate the core steps of the tax preparation process for TaxAct Professional users,” said Sanjay Baskaran, President of TaxAct. “In addition to potentially cutting the time these professionals spend on tax preparation in half, we can also provide them with access to a modern, intuitive interface where they and their clients can work smarter together. These powerful solutions can optimize tax management practices—enabling them to become more profitable, productive, and efficient.”
The Taxaroo practice management platform (https://www.taxaroo.com/pricing/taxact) consists of cutting-edge tools designed to help tax professionals increase productivity, elevate their brand, work from anywhere, and be effective advisors:
Client Organizers that Automate & Simplify: Tax professionals can create customized organizers which automate the collection of client information for each type of engagement, from individual tax returns to corporate bookkeeping. These organizers enable clients to submit information on their own, and also automate progress notifications, helping practice teams keep track of client data that has been, or needs to be, submitted. Taxaroo’s automation of client organizers, document collection, and progress notifications has reduced the time tax professionals and their teams spend on gathering information by up to 50 percent. Professional Invoicing & Electronic Payments: Tax professionals can electronically send professional invoices directly to customers, and receive customer payments directly in their practice bank accounts. Taxaroo protects practice teams’ work by requiring customers to make payments before they can view their tax returns, and also supports both credit and debit card payments, making it easier for customers to pay. IRS-Compliant Electronic Signatures: Taxaroo has developed an e-signature functionality which is compliant with IRS Publication 1345 standards. This feature allows customers to submit data, review tax returns, and sign them at any time, and from any location—further streamlining client workflows across tax