Practice Growth Through Tax Preparation

Intuit Tax Online

Presented by:

Jorge Olavarrieta

Brought to you by:

Today’s Agenda:

• Why should I look at tax preparation for growth

• How the Cloud Can help

• Overview of Intuit Tax Online

• Product Demonstration

• Client Workspace

• Entering data

• Review and filing returns

• Tax Online Mobile

• Integration with QuickBooks Online Accountant

• Pricing and Getting Started

What You Will Learn

Why should I add Tax prep?

• Tax preparation is often considered recession-proof…Death and Taxes!

• Increasingly complex filing requirements for individuals, organizations and companies is driving increased demand.

• Lower technology barriers to entry.• “How to Start Your own Tax Accounting Business”, WSJ

• Average for 1040 with Schedule A and state return: $246

• Average for 1040 with state return with no itemized deductions: $143

• National Society of Accountants 2012 fee study

You are already working with their financial data!

How the Cloud Can Help

• Reduced Costs…Reduce hardware costs, network management and overall IT expenses

• Scalability (Flexibility)…The cloud gives you flexibility to work and pay how you want

• Disaster Relief/Security…Your data is safely stored on secure data servers

• Ease of Implementation…Again, no IT help is needed

• Even playing field for small firms…Access to the same solutions bigger firms use at lower cost

• Top Cloud computing benefits for your small business, InfoStreet Small Business Blog

Jorge Olavarrieta

Jorge Olavarrieta

Group Product Manager, Intuit Tax Online

Intuit’s Accountant Professional Division (APD)

•Been with Intuit for 17 years in a variety of roles

•Managed the Lacerte Tax Offering

•Lead the Intuit Tax Online team in bringing the product to market.

Intuit Tax Online

Web-based

Is my data secure?

• 128 bit Encryption

• Same technology as online banking and electronic filing

• Firewall protected on redundant servers

• Backup data

Product Demo

We will begin from:

ito.intuit.com

Tax Online Mobile (TOM)

Client Information on the go

• Get to your clients' information in less than 30 seconds with your iPhone or Android

• View your clients' up-to-date e-File status

• View and securely email your clients' tax return information

QBOA Integration coming in March!

Everything Included. Low, Flexible Pricing

All Inclusive Pricing

• No License fees, startup fees, or long-term contracts

• All major returns (1040, 1041, 1065, 1120, 1120s

• All states, federal, extensions and E-File payments

Flexible Pricing

• Pay-Per-Return

• Bundle Pricing for as low as $8.99 for 1040 returns

Exclusive Offer for ProAdvisors

Already included in your ProAdvisor Membership are these exciting benefits from Intuit Tax Online:

13

5 FREE 1040

Returns

10% off all

bundles (ind. & biz)

CALL TODAY: (866) 676-9674Monday — Friday 5:00 a.m. – 5:00 p.m. PST

This offer expires July 31st, 2013

Ready to Get Started?

ito.intuit.com

Get Started

• Free to Try

• Create a login

• Don’t pay until you file

Additional Resources

• http://bmrg.socialtract.com/2012/08/08/swot-analysis-map-accounting-firms-growth-strategy/

• http://online.wsj.com/article/SB10001424052702303695604575182040048228112.html

• http://www.startingabiz.com/starting-a-bookkeeping-and-tax-business/

• http://www.verio.com/resource-center/articles/cloud-computing-benefits/

• http://smallbusinessblog.infostreet.com/2011/04/top-10-list-top-cloud-computing-benefits-for-your-small-business/

• http://www.salesforce.com/uk/socialsuccess/cloud-computing/why-move-to-cloud-10-benefits-cloud-computing.jsp

• http://taxes.about.com/gi/o.htm?zi=1/XJ&zTi=1&sdn=taxes&cdn=money&tm=19&f=00&su=p284.13.342.ip_p504.6.342.ip_&tt=2&bt=1&bts=1&st=13&zu=http%3A//connect.nsacct.org/nsacct/communities/resources/viewdocument%3FDocumentKey%3Da0e3a28d-136f-43b1-b760-3f9be8cad2db

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