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Digitalization To Reduce Manual Processing Of Tax Preparation Services

 



(MoneyNewsWire.Net, November 14, 2018 ) Digitalization of tax offices in most developed and developing countries is evolving the market for tax preparation services. They are increasingly providing advisory and taxation guidance as well as traditional filing and lodging services which have become less important with the growth of e-filings. For instance, the Australian Tax Office will now allow e-tax which will reduce the manual processing of data and make tax return process easier.



THE BUSINESS RESEARCH COMPANY VALUED THE GLOBAL TAX PREPARATION SERVICES MARKET AT $12 BILLION IN 2017



North America was the largest geographic region in the market, accounting for two-fifth of the global market. The USA was the largest country accounting for one-third of the global tax preparation services market.



Order the report at: https://www.thebusinessresearchcompany.com/report/tax-preparation-services-global-market-report-2018



According to The Business Research Company’s Consultant, Nitin Gianchandani, transparency is the new direct tax environment which is helping in focusing attention on tax collection. Tax activists are generating public awareness about tax bills. This created new laws at both national and international levels. For instance, OECD implemented base erosion and profit shifting project.



Download the sample of report at: https://www.thebusinessresearchcompany.com/sample.aspx?id=432&type=smp



H&R Block was the largest player in the tax preparation services market, with revenues of $2 billion in 2016. H&R’s growth strategy aims at acquisitions and partnerships. In 2017, it partnered with IBM for IBM Watson and Cloud Technologies.



Tax preparation service companies engage in providing tax return preparation services and does not include accounting, bookkeeping, billing or payroll processing services. Basic knowledge of tax law and filing requirements is required.



Tax Preparation Services Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.



About The Business Research Company



Visit TheBusinessResearchCompany.com, mail info@tbrc.info or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles.



The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.



It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.



The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations.



Contact Information.



The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info



The Business Research Company

Marketing TBRC

+91 8897263534

Marketing@tbrc.info

Source: EmailWire.Com


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