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Accounting

StanfordTax – 2024 Innovation Award Winner

StanfordTax was a winner of the 2024 Tax and Technology Innovation Awards, from CPA Practice Advisor.

StanfordTax
2024 CPA Practice Advisor Innovation Award Winner
https://stanfordtax.com

StanfordTax significantly reduces the time needed to collect and organize tax information from clients. In fact, many firms using StanfordTax have reported a time saving of 50% or more.

Many automation solutions come at the expense of a personalized client experience. However, StanfordTax automates the collection of tax information without sacrificing a personalized client experience. It does this by leveraging clients’ prior year tax info, directly from the firm’s tax filing software. StanfordTax works with the following tax filing software: CCH Axcess, CCH Prosystem fx, UltraTax, Lacerte, Proseries, Drake.

StanfordTax is able to understand clients’ prior year tax information and uses this information to generate a personalized questionnaire and checklist for each client. The questionnaire guides clients through their specific tax situation, and reminds clients of specific forms they need to submit, prior year numbers, etc.

Once a client submits their tax information via the questionnaire, StanfordTax compiles the information and documents into an organized workpaper, which contains all the information needed to prepare the client’s return.

See all of the 2024 Tax and Accounting Technology Innovation Award Winners and Finalists at:
https://www.cpapracticeadvisor.com/2024/08/29/2024-tax-and-technology-innovation-awards/109458