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How Technology Is Disrupting Tax for Accountants

On behalf of the Accounting Influencers Broadcast Network, this is the “Insights in Accounting” show, going live every Tuesday. This show is about filling in the knowledge gaps in your busy lives as accountants and leaders in practice, plus bookkeepers, finance leaders and the software/fintech industry that serves them. It’s what you missed and you didn’t know you missed, and why it’s important.

Episode 9. In today’s interview, “How Fintech Disrupts Tax for Accounting Advisors.”

Key takeaways from this episode include:

» 3 reasons why software has not provided tax accountants and CPAs with what they need to serve their clients

» what the digitization of tax software should be doing for accountants and their clients, but often fails in

» what makes accounting areas like tax and audit ripe for disruption right now more than ever

» why technology is only part of the equation CPAs and tax accountants acting as trusted advisors to their clients

» how tax technology should be automating the compliance process so accountants can focus on advisory services

» why freeing time up for accountants and CPAs does not automatically mean they spend more of that time on clients and advisory work

» how fintech has the opportunity to revolutionise the tax space for accountants and make the whole process both more efficient and human

» whether the accounting profession is actually ‘undisruptible’ and whether CPA firms who fail to innovate become less relevant

and much more…

Source: https://www.accountingtoday.com/opinion/how-fintech-is-disrupting-tax

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