Global Tax Network
Workshop Presenter, Thursday, December 14, 2000
Workshop Topic: How to Use Online Tax Organizers in Your Tax Practice
Tim Lenneman is a native of Lansing, Michigan and a graduate of Texas Tech University with a degree in Accounting. After graduating he worked for Arthur Andersen LLP in Denver. During his ten years at Andersen, he provided a wide variety of individual, corporate, and partnership tax services. He helped develop the expatriate tax practice in Denver early in his career and then moved on to mostly international tax consulting for corporations. His clients included U S West, Newmont Mining, Quark, and J.D. Edwards. While working in the expatriate area, he began thinking about solutions to certain inefficiencies he saw in individual tax return preparation. This was about the time that the Internet was just starting to take off and he thought that the Internet could be a solution or part of a solution.
After leaving Arthur Andersen, Tom was the Tax Director at Quark, Inc. Quark is a leading provider of desktop publishing software with operations all over the world. After working for Quark a couple of years, the owners of Quark asked for ideas about doing business over the Internet. Tom submitted his idea of using the Internet to make individual tax compliance more efficient. Soon he was writing a business plan and starting a company called Global Tax Network, LLC (GTN). The firm started slowly, using a tax preparation firm in Denver (started by GTN) as its only test client the first year. The next year, GTN was beta tested with 40 tax firms including PricewaterhouseCoopers. The foundation of GTN is providing a web-based tax organizer so that clients can input their individual tax information. The tax firm can then download the information into their tax software. Also, individuals can find tax professionals using the GTN web site.
Outside of work, Tom enjoys spending time with his family (Susan, his wife, his twin girls, age 3, and his son age 1). He has a busy household!