New 'Agile Tax' Takes Storefront Tax Preparation to the Cloud

 

The tax and accounting business of Thomson Reuters has announced the introduction of Agile Tax, a new production-grade tax software designed exclusively for the Cloud. 

Scott Fleszar, vice president of strategic marketing at Thomson Reuters Tax and Accounting, described this product as being designed for the professional tax preparer market - the "storefront" tax practice. The Cloud component means that the product allows practitioners to work from anywhere. Rather than paying by the number of tax returns prepared, tax practitioners will purchase a seat license.

According to Jeff Fritz, director of Agile Tax, this product will bring greater productivity and flexibility to the professional tax preparation space, thanks to its Cloud-based structure, extensive paperless capabilities, and convenient, subscription-based payment model. 
 
"We have been providing high-quality software to the full-service tax and accounting market for more than thirty years," Fritz said. "We are excited to introduce this revolutionary new product into the professional tax preparation market." 
 
Agile Tax features include:
  • A Cloud-based platform that allows for anytime-anywhere access, automatic updates and backups, assured business continuance, and a smaller IT investment.
  • A scalable subscription-payment model, with no up-front or renewal fees. This allows firms to simply pay a low monthly fee and add or remove staff as needed at any time during the year.
  • Extensive paperless capabilities, including web-based client organizers and secure online portals for delivery of completed tax returns and easy exchange of files in progress.
 
For the 2012 tax-filing year, Agile Tax will include federal forms 1040, 1120, 1120S, and 1065 and all states, along with federal 1041 and selected states. 
 
"Agile Tax brings capabilities that were not available to the tax preparer in the past," Fritz said. "Now, high-volume tax preparers have a Cloud-based software system that allows them to be more flexible, more productive, and more profitable."
 
More information about Agile Tax is available at www.AgileTax.com.  
 
Related articles:
 
Source: Thomson Reuters Press Release
 

You may like these other stories...

Event Date: May 29, 2014 In this presentation Excel expert David Ringstrom, CPA brings you up to speed on the Excel feature you should be using, but probably aren't. The Table feature offers the ability to both...
No field likes its buzzwords more than technology, and one of today's leading terms is "the cloud." But it's not just a matter of knowing what's fashionable. Accounting professionals who know how to use...
There is a growing trend of accountants moving away from traditional compliance work to more advisory work. Client demand is there, but it is up to the accountants to capitalize on that. What should accountants' roles be...

Upcoming CPE Webinars

Apr 17
In this exciting presentation Excel expert David H. Ringstrom, CPA shares tricks that you can use with pivot tables every day. Remember, either you work Excel, or it works you!
Apr 22
Is everyone at your organization meeting your client service expectations? Let client service expert, Kristen Rampe, CPA help you establish a reputation of top-tier service in every facet of your firm during this one hour webinar.
Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.