Category: Tax Software Hosting

For businesses, tax season implies paying due taxes and ensuring their companies abide by the prevailing tax laws. But for tax professionals, it refers to the stress of filing tax returns for their clients one after another. If you also prepare and file tax returns of various clients, you would agree to the sameness of the following situation:

Many clients send their paperwork in the last few days of the deadline to file tax returns. Unfortunately, you do not have enough staffing to deal with the sudden surge in work, which makes you and your team feel like you are working round the clock. 

The busy tax season brings plenty of workloads followed by stress for the accounting and tax professionals. They want to avoid last-minute hassles and thus, look for tips to prepare for tax season. Before we proceed to discuss many such practical tips, let’s have a look at some of the important dates related to the tax season 2021:

Tips to Handle Tax Season 2021 with Ease

• Speed Up the Process of Collecting Tax Documents

Before you even start preparing returns, you need various documents from your clients. The more time they take to make these documents reach you, the longer the delay in filing their tax returns will be. Although you might have some clients who usually wait till the end to provide the required documents, this would pile up the work at your side as the deadline comes nearer.

Hence, you are advised to do your part and push your clients to send the documents, such as their identity proof, income proofs, proof of losses incurred, to name a few. Suppose you need some specific documents from any of your clients. In that case, you are advised to make a checklist for them all to streamline preparing tax returns.  

• Prioritize Tasks Related to Filing Returns

Many less-prior tasks in life – both professional and personal, often take more time than expected and then become the reason for stress. The same holds when you prepare tax returns to be filed within the deadline. Since you must be having much work lying on your plate, you must prioritize the steps involved in tax preparation and filing the right way.

By categorizing the tasks involved suitably, you will get a clear picture of the time it would take to complete them. Also, you will be in a better position to focus more on the essential steps while delegating other tasks to your associates. 

• Switch to the Cloud-Hosted Environment

One way to simplify how you work during the tax season is to host your tax software on the cloud. It will ensure remote access to the cloud-hosted software, which means you can work for your clients from anywhere and anytime. Having remote access to your tax applications during tax season feels like being given some extra hours to finish essential tasks at home or on the go. 

Tax software hosting services make the work device-agnostic, meaning you can work remotely using your laptop, tablet, or even a smartphone. 

Recommended Read: A Complete Guide to UltraTax CS Software

• Double Check for Data Security Measures in Place

While preparing for tax returns, you handle confidential information shared by your clients, which makes it imperative that you ensure data security. However, the increased risk of cyberattacks on accounting firms makes it challenging to keep the data safe. 

Irrespective of the environment you work in during tax season, you must implement advanced security measures to safeguard the data. In the local-hosted climate, you need to invest in various security measures. However, if you go for cloud hosting services, the chosen service provider will handle security. 

Tax season 2021 has already begun. You know more about the work at hand than anyone else. Hence, it is crucial that you focus on doing it the right way to minimize stress while maximizing productivity. 

For more details about how to streamline the tax filing process this year, contact our hosting experts at 1-855-583-7486. 

When you prepare and file taxes for your clients, you want the utmost accuracy paired with an efficient tax-filing process. Although it sounds like a rare combination, you can make it a reality by using Drake tax software. Drake is highly preferred by CPAs, accounting firms, and small businesses as a professional tax management solution. It helps them process tax returns faster, enabling them to avoid unexpected tax-related challenges. 

As per facts, more than 64,000 tax professionals nationwide use Drake tax software at work. This powerful software handles more than 33 million tax returns. However, the software has its limitations when accessed in a local-hosted environment.

As a solution, you can switch to Drake tax software hosting, which offers even more benefits for your business. 

New to using any tax software on the cloud? Here’s why you should host your Drake software on a cloud server:

• Remote Access Benefits

Make a list of work-related things that you can access only via your computer system installed in your office. If this list includes Drake tax software, you must have thought of a way to make it accessible remotely. All those last-minute client calls for changes in tax returns often make it difficult for tax professionals like you to manage work efficiently. 

Surprisingly, you can have a solution by your side for such urgent needs – Drake tax hosting. 

By hosting Drake tax software on the cloud, you and your team can access the application anywhere, anytime. Earlier, working from home seemed like a daunting task to many professionals. However, now that remote work has become the new normal, it is imperative that you choose the right solution to access Drake software remotely. 

With Drake tax software hosting, you will not be tied to a specific place or location to get the work done. As a result, you get the much-needed flexibility to work at your convenience and enjoy more freedom. This is what you might be looking for to maintain a work-life balance. 

• Higher Level of Security for Your Data

Maintaining the security of the accounting and tax-related data of your clients is your responsibility. In many cases, just storing it on your computer in a hidden location does not suffice and may cause data breaches. It is where the need for advanced security methods is highly felt. While you can choose to invest in available data security tools in-house, there is a better alternative you can go with – Drake tax software hosting. 

You might be wondering if the cloud-hosted data will be safe and out of reach of cybercriminals. The truth is – the cloud hosting provider you hire will take care of the security measures to be deployed to keep your data safe. Whether it is about monitoring any hacking attempts, implementing firewalls, or setting up multi-factor authentication, every aspect will be covered by experts in the industry. 

Since the Drake software and data will be under the strict surveillance of the cloud solution provider, the level of security is much higher than traditional systems. Remember that the key to increased security of the software hosted on the cloud is your willingness to switch to the cloud-hosted environment.

Recommended Read: 5 Ways to Manage Cybersecurity Risks for a CPA Firm

• Pay-Per-Use Benefits

Setting up a secure IT environment at your office means investing a significant amount in local server installation, network maintenance, security tools, and hiring IT professionals for regular upkeep. If you have recently begun your business, spending a considerable amount on such needs might not be feasible. However, neither can you ignore the security side of your client’s data till the time you can afford to pay for in-house data security. 

Drake tax software on the cloud can be your best bet in minimizing the operational costs related to your business. You can save a tremendous amount of money by selecting the most suitable Drake hosting plan. This way, you will only pay for the IT resources you use as covered in your hosting plan. 

Depending on your business needs, you can customize the hosting plan to scale the resources up or down and then pay accordingly.

Cloud technology perfectly fits the need for data security in a small business setup. So why haven’t you hired a cloud service provider for Drake tax hosting yet? Call us today at 1-855-583-7486.

The stress of filing taxes for various clients, filling the proper forms, and optimizing every return to reduce errors can leave tax professionals in jitters. This can happen during tax season or even otherwise, making you realize the need for the right tax software. If you are familiar with ProSeries Tax software, you cannot deny the benefits you receive from using this powerful tax tool. It is easy to use, allows form-based data input, and helps review every return with 1000+ advanced diagnostics. What makes it unique is the on-screen help you can ask for while working on a return and K-1 data import facility. 

While you can save time and perform tax-related tasks efficiently using ProSeries Tax software, you can enjoy more advantages when you choose ProSeries hosting on cloud.

Wondering what ‘ProSeries hosting’ means? Here’s a quick definition:

ProSeries Tax software hosting means storing or hosting the tax software and data on a secure server at a protected facility instead of installing it locally on your computer.

It means you need not feel like being tied down to your office to work on filing tax returns using ProSeries Tax software. You can access the application on any device having an Internet connection. The best part is – ProSeries hosting on cloud does not change its look and feel. The software features remain the same while the accessibility methods change. 

ProSeries Hosting on Cloud – What’s In It For Your Business?

• Ease of Working on the Go

With ProSeries hosting on cloud, you and your team members can access the software on the go – while traveling, at home, or during business trips. This way, your work will not be hampered just because you are not in the office. In addition, you need not worry about the migration and setup as your cloud solution provider will take good care of it. 

•  Team Collaboration for Better Results

ProSeries hosted setup will help you ensure the accuracy of tax returns filed by allowing various team members to work together. Multiple users can access the same file simultaneously, resulting in enhanced productivity and a lesser risk of errors in the tax returns filed. Another side of it is that you can improve the client management process.

• Cost-Savings

ProSeries hosting on cloud is cost-effective, which means you do not pay much money to reap the benefits it offers. Whether it is software update, cloud server installation, or maintenance, the cloud service provider you hire will handle it all. For you, the expense is, thus, based on the ProSeries hosting plan you select. 

• Enhanced Data Security

Cloud servers are heavily protected with multiple layers of security. Having ProSeries Tax software hosted on the cloud passes that protection element to it. The deployed security measures are capable of limiting data breaches that may occur. If data security has been one of the key concerns as a tax professional, it’s time to switch to cloud hosting for ProSeries software. 

• Ease of Add-On Integration

With ProSeries software, you might also be using add-ons like ProSeries network solutions and ProSeries forms library. Hosting the software on the cloud allows you to integrate these add-ons to make the tax filing process more straightforward. Therefore, it is advisable to ask your cloud hosting provider about the add-on integration facility.

Recommended Read: Should You Switch to Cloud-Based Tax Software in 2021?

ProSeries Hosting FAQ: Do I need to keep a copy of ProSeries on my desktop for backup?

Many ProSeries users ask this question, reflecting the apparent need to maintain data backup for unprecedented situations. As a cloud service provider, we provide a regular data backup facility to all our clients to ensure smooth recovery in case of a natural or man-made disaster. 

We encourage our clients who use our cloud hosting solutions to remove the applications from their desktops. This helps in reducing issues with data synchronization. Once hosted on the cloud, the desktop program may not sync well with the hosted environment. However, you can upload or pull down data from the cloud on a need-to-know basis. 

For more details about ProSeries hosting on cloud, call us at 1-855-583-7486.

When it is about selecting one of the best tax preparation software, professionals rely on TaxWise. Being a renowned tax software offered by Wolters Kluwer, it helps prepare and file U.S. tax returns faster. The best part – you can select a suitable package as per your business needs. But with the latest advancements in technology backed by the global pandemic, most tax professionals are transitioning from using desktop-based software to cloud-hosted alternatives. The same holds for TaxWise software. 

If you have been using local-hosted TaxWise software, you might have become familiar with this work mode. However, switching to TaxWise cloud hosting calls for the need to understand the benefits of cloud computing for your business. It is where finding the right TaxWise cloud hosting provider is essential. 

Like the research you carried out before buying TaxWise software, you must dig deeper to know how to select a cloud hosting provider for this software. However, finding the right one won’t be a challenge, provided you know what you are looking for. 

If you have analyzed the advantages of hosting TaxWise software on a cloud server, keep the following service features in mind while selecting TaxWise cloud hosting provider:

1. Cloud Transition Process

Being a newbie to using cloud-hosted software, you might not know how to set up and migrate the existing data. This lack of knowledge may cause troubles, making you feel the need for assistance from experts. Hence, you should ask about the transition/migration support or process cloud service providers follow before hiring them. 

Ideally, the cloud provider should offer a smooth transition with the software setup and migration services without any additional cost. The easier the process is, the better it will be for you to continue working on the software without facing any significant server downtime. 

2. SLA-Backed Services

Service Level Agreement, commonly known as SLA, is a legal document that defines the terms and conditions of the services offered by the chosen cloud provider. Service providers define the standard that they must maintain and how they will compensate their clients in case of failure to abide by the terms. Most cloud service providers offer an SLA-backed uptime guarantee and various other benefits. 

As a tax professional, you need to understand the terms defined in the SLA before selecting any TaxWise cloud hosting provider. 

3. Availability of Different Cloud Hosting Plans

The scale of services provided by tax professionals can be different, depending on their experience in the industry. Since a cloud hosting plan is based on the defined computing resources made available to you, you must know if it best suits your requirements. For example, TaxWise hosting plans for a solo user will be different from those meant for a team of individuals. 

In general, you should select a cloud provider that offers a range of hosting plans, along with the facility to customize the plan as needed. 

4. Data Backup Facility

When you use desktop-hosted TaxWise software, you want to ensure the data is safe and secure by taking regular backups. In addition, while moving the software to the cloud, you need to know if the cloud service provider you are hiring also provides backup services. 

Select a TaxWise cloud hosting provider that offers a rolling backup of 15 days at least so that you can retrieve the data in case of any contingency. 

Also Read: 5 Reasons Tax Professionals Should Start Embracing Cloud Technology

5. Seamless Integration with Other Add-Ons/Apps

Although TaxWise software has a wide range of features, professionals often use additional applications/add-ons to make the tax preparation process simpler and more efficient. Therefore, before you hire any cloud solution provider, you should ask if there is a provision of add-on integration with the cloud-hosted TaxWise software. Also, check if there is any limit to the number of add-ons you can integrate with the software. 

The decision to select a TaxWise cloud hosting provider is a significant one. However, as a tax professional, you must have certain expectations regarding service quality and benefits. Hence, it is advisable not to make this decision quickly but after doing the required research. 

What do you specifically want from cloud hosting services for TaxWise software? Connect with us at 1-855-583-7486. 

While tax preparers have several tax software solutions, Drake is one of the most preferred choices. In a recent tax software survey by the Journal of Accountancy, most respondents voted Drake software with a high rating. While the decision to choose a tax software is based on firm size, features, or budget, Drake fulfills all these aspects to become a popular solution for tax preparation. 

Drake comes with some of the most beneficial features like Drake Tax Planner, Drake Scheduler, and more. Still, tax pros face common challenges, like timely return filing, customer support during non-business hours, and data security. If you also face these problems, it is time to change the way you work by switching to Drake tax software cloud hosting. 

Hosting Drake software on the cloud enhances its capabilities and helps tax preparers simplify everyday workplace tasks. 

Let’s look at five significant benefits of Drake tax software hosting:

• Remote Software Access

Has it ever happened to you that your client called for a tax consultation during non-business hours? If you are at home or anywhere else but away from your office, your inability to access tax data can leave you helpless in such situations. This feeling of helplessness is because you have the Drake software installed locally, making the software access hardware-dependent. 

However, with Drake tax software cloud hosting, you can access your data no matter where you are or at what time. You can use any smart device like your smartphone or laptop to access cloud-hosted Drake at your convenience. This is something you might not have experienced with local-hosted Drake. 

• Adequate Data Security

As a tax professional, the security of data you handle for your firm is critical. The Internet age and the current work-from-home environment have increased the risk of cyber threats and an unauthorized leak of confidential data. Deploying strict security measures may not be feasible for every tax professional. But it will be in your best interest to switch to Drake hosting to enjoy enhanced security benefits.

Drake hosting service providers ensure the security of your data on their remote servers using advanced security measures. They make cloud hosting a foolproof solution using measures like end-to-end encryption, malware protection, and two-factor authentication. 

• Cost Cutting 

Imagine the financial implications of setting up a dedicated in-house server for Drake. You would need a complete IT infrastructure in place, including the hardware and hiring professionals for regular upkeep. The total cost of establishing an in-house environment to host Drake software may turn out to be too expensive for your business like it does for many others. 

You can eliminate a significant portion of these expenses by turning to Drake tax software cloud hosting solutions. The cloud provider will take care of the expenses related to software deployment and maintenance as per the Drake hosting plan you have chosen. Besides this, you will also get round-the-clock customer support services – an affordable alternative to hiring IT professionals in-house. 

• Impressive Software Performance

living in an age where computer usage is a part of our daily lives, we all know that our systems have limited computing resources. If we keep on adding more software to our computer, it will ultimately result in performance issues. The same happens when you have loaded a plethora of business applications, including Drake and others. The outcome will be work hindrances and decreased productivity. 

A simple solution to such performance issues is hosting Drake software on the cloud. Having Drake hosted on high-performance cloud servers means no performance lag. You can also choose a dedicated server for Drake software to experience incredible performance. 

Also Read: Everything You Need to Know About Cloud Computing

• Disaster Recovery Benefits

Neither the occurrence of disasters nor their aftermath is in our hands. Natural disasters like earthquakes and floods can cause significant damage to various businesses, including the tax and accounting industry. Recovering data from the on-premise systems becomes next to impossible in such situations, leading to loss of clients and business reputation. 

You can stay prepared for such situations with the help of Drake hosting, which ensures replication of data in servers in multiple locations. Even if one server gets impacted by a disaster, retrieving data from another becomes easier with cloud hosting. 

Drake software hosting is a highly beneficial solution for tax professionals, with numerous features and benefits. If you have not switched to the cloud-hosted Drake software, do it today with Verito Technologies. 

If you are in the accounting and tax preparation field, you might be using or have heard of Lacerte software. It is a desktop-based application powered by Intuit and has many features to help you streamline various tasks. With features like a comprehensive library of forms, tax law alerts, and error diagnosis, Lacerte tax software caters to individual taxpayers and businesses’ needs to manage their tax-filing processes. 

Since businesses of diverse kinds prefer intuit Lacerte, and there is growing cloud adoption, many users think Lacerte software is also cloud-based, which it is not. Lacerte tax software is a desktop application, which means you can only use all its features on a local computer system. While some cloud-based software offers features like remote access and team collaboration, Lacerte when hosted locally lacks these features.

However, you need not worry if you choose Lacerte backed by the cloud. The solution is – Lacerte tax software hosting. 

Wondering what Lacerte software hosting is? Read more.

What is Lacerte Tax Software Hosting?

Lacerte tax software hosting means selecting a reliable cloud hosting provider’s services to host Lacerte on the cloud. As a user, you or your team members will benefit from Lacerte software hosting in several ways. Let’s discuss the advantages of Lacerte hosting.

What Can You Expect from Lacerte Tax Software Hosting?

1. Anytime, Anywhere Software Access

It is relatively easy to understand how Lacerte hosting works – When you have this software configured on a local computer system, you can only access it when on that system. In most cases, such systems are installed in offices, which further limits access during the COVID-19 pandemic.

Lacerte tax software hosting enables you to access your software and data hosted on the cloud from anywhere and anytime. You can use any Internet-connected device like a laptop, tablet, or smartphone to access the software. This way, as a user, you are not bound to the local office desktop to work for your clients. It will save your time commuting to the office to access cloud-hosted data and software.

This advantage of Lacerte hosting helps eliminate physical boundaries while continuing to sustain/grow your business during the current pandemic.

2. Easy Collaboration Between Team Members

Irrespective of the business type, business growth depends on collaboration between teams or within members of the same team. Lack of seamless collaboration because of local-hosted Lacerte software may create hurdles. However, you can easily overcome it with the help of Lacerte tax software hosting. 

Once you get the software hosted on the cloud server, you and your team members can collaborate on a single task simultaneously. If you have been using Lacerte software on your local computer, you might have faced issues with sending data to and fro in emails to access the last updated file. You can easily avoid this with Lacerte tax software hosting. 

With several individuals working on the same file on cloud-hosted Lacerte software, the information gets updated real-time. You can also keep track of the workflow through the centralized dashboard, which is highly essential during this challenging period of the COVID-19 pandemic.

3. Easy to Scale Up or Down

When the data and software files increase, you need bigger storage and higher processing power of computing resources. The same holds when you switch to the cloud for Lacerte tax software hosting needs. But it is advantageous because you can ask for scaling up the cloud resources, be it RAM, number of users, or cloud storage space needed. Lacerte tax software hosting is advantageous when you need a scalable solution to fit the changing business requirements. 

When you switch to Lacerte hosting, you do not need to invest a significant amount in establishing or maintaining an in-house IT infrastructure. The cloud hosting provider you select will take care of such needs. With the ease of scalability and high performance of cloud-hosted Lacerte, you can focus more on growing your business to the next level.

4. Budget-Friendly Solution

Many tax and accounting professionals think of Lacerte tax software hosting to be a costlier alternative to local-hosted Lacerte, which it is not. Lacerte hosting on cloud servers does not require significant investment. You only need to pay for the resources you use without investing in hardware and IT equipment. Even when it is about getting dedicated customer support services, there is no need to hire in-house professionals. Another side of cost-saving lies in the reduced cost of traveling as cloud-hosted Lacerte can be accessed anywhere.

At Verito, we offer round-the-clock customer support services with our Lacerte tax software hosting solutions. 

5. Enhanced Data Security

When Lacerte software is hosted on a local system, users might not have several security measures implemented to keep the data safe. But with Lacerte hosting, you can benefit in terms of top-notch data security standards as well. Most of the cloud solution providers who offer Lacerte tax software hosting services invest in advanced security protocols, including firewalls, multi-level authentication, DDoS prevention mechanism, to name a few. 

All this helps in retrieving data in accidental data loss – a crucial need of every tax and accounting firm. 

Wrapping Up

Lacerte tax software hosting can solve many business-related hassles. Amidst the current times, making the most of such services is not a choice but a necessity. Switch to Lacerte hosting to gain a competitive edge in business.