Intuit’s corporate communications guy Rich Walker used his Facebook page to tease the accounting community on Sunday night with a post that said: “Intuit innovates again with a new, web-based application for accounting and tax pros. Details coming soon!”
While I have no confirmation for this, I’m pretty confident that it is related to my July prediction that Intuit was working on a web-based professional tax prep system www.cpata.com/go/2403).
There are a few other providers out there, but only the hosted version of UltraTax CS by Thomson Reuters and the Global fx-enabled version of CCH’s ProSystem fx Tax have notable followings in the mid-sized and larger markets (the Thomson Reuters GoSystem RS/ES system dominates web-based pro prep at the large firm level). If Intuit is doing what I think- about to offer an online professional tax platform- it will be significant, since it will likely be the beginning of a mass movement to hosted tax prep. Or at least a larger movement by smaller tax providers. I’ll be interested to see my colleagues’ views on this.
Thanks for reading CPA Practice Advisor!
Subscribe Already registered? Log In
Need more information? Read the FAQs
