Work Smarter, Not Harder with Intuit ProConnect Tax Online and Achieve More Success
August 11 2016 - 4:00PM
Business Wire
Freedom from the drudgery of data gathering
and entry means more time to make a difference in clients’
lives
Intuit ProConnect, the new portfolio brand for Intuit Inc.
(Nasdaq:INTU) professional tax products, has unveiled
customer-driven innovation in ProConnect Tax Online that
dramatically reduces the time it takes to collect and enter client
information, so tax and accounting professionals can make a real
difference in their clients’ lives. Unlike other online
professional tax products, ProConnect Tax Online is the only native
cloud-based solution giving tax professionals the freedom to work
anywhere, anytime, on any device. There’s nothing to install or
maintain, and tax laws and forms are updated automatically.
ProConnect Tax Online (previously known as Intuit Tax Online) is
ideal for any firm whether they are new to tax or already at
established, multi-service firms preparing high-volume 1040 or
complex returns for individuals and small businesses. ProConnect
Tax Online serves the needs of these firms with revolutionary,
time-saving features that eliminate client data collection and
entry so accountants can invest more time helping their clients
succeed in ways they never thought possible.
On average, tax professionals spend 65 percent of their time on
data collection and data entry. ProConnect Tax Online is designed
to dramatically reduce this time. For the upcoming tax season,
accountants and their clients will benefit from:
- Automated data import: Reduce
data entry and save time by automatically importing client
information into ProConnect Tax Online. Intuit uses intelligent
mapping, optical character recognition technology, direct
connections with financial institutions and payroll providers, and
document uploads so that 40 percent of tax data can be
automatically and seamlessly imported into a client’s current year
tax return.
- New Automated K-1 Transfer:
Automatically generate a Schedule K-1 when preparing partnerships,
corporate and S corporation returns. In a single click, import data
directly into the individual tax returns associated with the
business entity, reducing duplicate data entry.
- Faster Tax Return Review: Cut
data entry and tax return preparation down to mere minutes for
clients with unchanged tax situations year over year. A new
side-by-side view of current and prior-year tax data gives easy
access to information, expediting return preparation.
- Simplified Client Communication with
Intuit Link: Combined with ProConnect Tax Online, Intuit Link,
an intelligent portal that makes it easy for clients to automate
the delivery of their tax data in a timely and organized way, saves
tax professionals up to 18 days in tax season. ProConnect Tax and
Link enable tax and accounting professionals to quickly create and
send personalized digital checklists to clients based on their
prior year tax return. Clients can answer questions and upload
documents from any device with Link as they have time. Once
uploaded to Link, clients no longer have to keep track of the
documents and have anytime, anywhere access to their data.
- Reimagined QuickBooks Online
Accountant Integration: Be confident that ProTax Connect Online
transfers client data from QuickBooks Online Accountant Edition
into the client’s tax return with just a few clicks.
“ProConnect Tax Online goes beyond today’s typical
functionality and connects accountants to the modern tools
they need to work efficiently, saving more time and enabling them
to connect with their clients in better ways,” said CeCe Morken,
executive vice president and general manager of the Intuit
ProConnect Group. “Only Intuit brings together ProConnect Tax
Online, QuickBooks Online and Intuit Link into a single experience
to free accountants from the manual processes of today, so they can
help their clients succeed in ways they did not think was
possible.”
Tax professionals can learn more about ProConnect Tax Online
with the step-by-step online training course offered by Intuit. Or
experience ProConnect Tax Online in person at QuickBooks Connect
Conference in San Jose, CA on Oct. 24-26, 2016.
Pricing and Availability
Intuit ProAdvisors get discounts of 10 to 90 percent off Intuit
products and services including ProConnect Tax Online. For pricing
and ordering information for ProConnect Tax Online and other Intuit
professional tax products, please visit
https://proconnect.intuit.com/
About Intuit Inc.
Intuit Inc. creates business and financial management solutions
that simplify the business of life for small businesses, consumers
and accounting professionals.
Its flagship products and services include QuickBooks® and
TurboTax®, which make it easier to manage small businesses
and tax preparation and filing. Mint.com provides a fresh,
easy and intelligent way for people to manage their money, while
Intuit's ProConnect brand portfolio includes ProConnect Tax
Online, ProSeries® and Lacerte®, the company's leading tax
preparation offerings for professional accountants.
Founded in 1983, Intuit had revenue of $4.2 billion in its
fiscal year 2015. The company has approximately 7,700 employees
with major offices in the United States, Canada, the United
Kingdom, India and other locations. More information can be found
at www.intuit.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160811006031/en/
Intuit Inc.Stephanie Friswell,
214-387-2958stephanie_friswell@intuit.com
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