Today's Technology for Tomorrow's Firm.
Issue link: https://cpapracticeadvisor.epubxp.com/i/643338
6 February 2016 • www.CPAPracticeAdvisor.com In this, the 13th annual edition of t he R eader s C hoice Aw a rd s, we invited our readers across the country to help us spotlight the programs they most respect and trust to help them run their practices and provide ser- vices to clients. From online systems for virtually all tax and accounting functions, to tax document automa- t ion a nd work f low ma nagement processes, as well as tools for client collaboration, mobile productivity and the ofce hardware they use. We bel ieve the Readers Choice Awa rds help accou nt i ng f i r ms by giving them a way to share, profes- siona l-to-professiona l, what t hey believe are the most benefcial systems. A fter all, professionals need to stay aware of technologies and best work- fow practices in order to stay competi- tive in the constantly-evolving tax and public accounting space. IN-FIRM TECHNOLOGIES Federal/State Income Tax Preparation Insight: More than 88 percent of our Readers Choice voters cla i med a preference in professional ta x sys- tems, which refects our readership: tax and accounting professionals. As such, the tax question is always the most anticipated. For 2016, the most popular systems were: WINNER: DRAKE SOFTWARE (46%) By Isaac M. O'Bannon T he role of technology in modern accounting frms is paramount. Simply put, accounting professionals could neither provide client service or manage their practices without a host of tech solutions. 2016 READERS' CHOICE AWARDS Drake Software – 46% Intuit Lacerte, ProSeries, TaxOnline – 21% Thomson Reuters UltraTax or GoSystem RS – 12% Wolters Kluwer CCH Small Firm Services ATX or TaxWise – 6.1% Wolters Kluwer CCH Axcess or ProSystem fx – 4.6% TaxAct Preparers' Editions – 2.9% RCS TaxSlayer Pro – 1% Other – 6.4% FEDERAL/STATE INCOME TAX COMPLIANCE