Tuesday, May 29, 2007

Tax Pros Search the IRC Through URLs

Improved content, functionality and integration with both non-tax software and tax software of competing providers increasingly means that tax pros start research with online sources. Many online tax source providers are combining their materials with materials of erstwhile competitors; for instance, BNA Portfolios are also available at RIA, CCH and LexisNexis with LexisNexis also providing access to CCH, Tax Analysts and Matthew Bender. Continuing changes in the tax code makes top-quality research available; additionally, financial accountants and tax professionals increasingly are realizing how interdependent financial reporting and taxation are in a Sarbanes-Oxley environment. Highly desirable features include ease of use, sychronized searching (the best approach Google search engine capabilities) and ability to handle international tax issues. Intuit's Tax Almanac effectively provides a chatroom where Wikipedia tax definitions and tax professional advice is available.

Given the increasingly demanding expectations laid on professional accountants and tax experts, improved online resources are a tremendous blessing. Just looked at the Tax Almanac page
http://www.taxalmanac.org/index.php/Main_Page; what a tremendous resource, definitely will be linked in the news section of links soon.


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