Tax & Accounting Blog

NEWS, TRENDS AND RESOURCES FOR
TAX AND ACCOUNTING PROFESSIONALS

5 things to look for in tax technology

5 things to look for in tax technology

Get ahead in the cloud. Businesses using cloud technology experience 53% faster revenue growth. The Australian tax environment has never been more complex or competitive than it is today with 75% of businesses adopting new technology in the past 12 months to stay competitive. The list of pressures facing accountants is mounting. This means changes […] … Read More

Evolve with new tech or risk becoming extinct

Evolve with new tech or risk becoming extinct

Technology advancements present many opportunities for accounting, but those who don’t embrace them will put their businesses and clients at risk. Tax tech expert Richard Puffe explains why your tax practice has to evolve with new technology. “What do names such as Lotus 123 and Atari have in common?” Thomson Reuters Senior Product Manager Richard […] … Read More

How much are spreadsheets hurting your business?

How much are spreadsheets hurting your business?

One of the most important aspects of running a business is reducing risk. This can be tackled in a multitude of ways but when it comes to tax compliance, there are simple steps you can take. For starters, any big businesses relying on Microsoft Excel spreadsheets to prepare your tax obligations either on a quarterly […] … Read More

Five reasons you need to switch to tax automation

Five reasons you need to switch to tax automation

More than simply improving efficiencies and meeting tax compliance obligations, using the right tax technology is essential to a healthy bottom line. It’s common that businesses will persist with systems that are familiar — a case in point is the humble spreadsheet. A long-time mainstay of many businesses, it remains useful for basic collating of […] … Read More