Tax filing is a tedious process, and one might face various problems like management of information, tracking work in progress, etc. This process can be made easier by moving to the cloud. Here are seven ways how cloud can help you streamline and improve your tax workflow.

1. 7 Ways How Cloud Helps
You Streamline and
Improve Tax Workflow

2. Problems
impacting
successful
tax
workflow
Changing tax
regulations1
Integrated
workflow
platform
2
Management
of information3
Data loss
4
Tracking work
in progress5

3. Cloud Hosting To The Rescue!
Moving your tax process on the
cloud solves a majority of the
problems faced by professionals by
streamlining the tax preparation
and filing process.
Here are a few ways how cloud
helps overcome tax workflow
challenges.

4. Virtual Workspace
Tax filing requires the use of
multiple tools and documents.
Cloud hosting enables you to have
all your software and documents at
one common platform.
Hence, you can create a virtual
workspace and work efficiently with
all your required resources.

5. Multi-User Collaboration
Tax preparation requires accountants,
tax preparers and other people to
work on the same document.
Hosting allows the entire team to
access and edit the same files
simultaneously. Thus, there is no need
to exchange tax forms via email that
leads to duplication of the document
and inaccuracy in tax filing.

6. Remote Accessibility
Cloud enables you to access your
tax data from anywhere at anytime
given that you have an internet
connection.
Thus, you can continue to work on
your tax data, and your work does
not stop even when you're not in the
office.

7. Scalability
Tax professionals have to
continuously upscale or downscale
their tax process, depending on the
tax season.
Cloud hosting gives you the freedom
to increase or decrease the number
of users and servers resources
(storage, RAM) as you have to pay
for only what you use.

8. Tax Data Security
One of the biggest concern while
tax filing is the security of data.
Local hardware is not very reliable in
terms of security as compared to
the cloud.
Cloud provides data encryption,
multiple firewalls, IDS/IPS, and other
security features in order to
safeguard your confidential
information.

9. Backup and Disaster Recovery
Cloud hosting ensures backup of
your tax data at multiple locations.
This not only keeps your data safe
but also ensures that you can easily
recover the critical data in case of
any loss.

10. Cost-Efficient
Hosting your tax software on cloud
eliminates the heavy expense of
buying the on-premise hardware
and its maintenance by an IT team.
You also pay only for what you use
on cloud. Hence, you can choose
the plans according to your needs.

11. About Us
Ace Cloud Hosting is a managed service provider
for accounting and tax professionals. We are the
winner of the User Favorite Awards in Hosting
category at Accountex USA 2016 and 2019 K2
Quality Award in Customer Satisfaction category.
We provide on superfast
SSD-based servers with 99.999% uptime, 100 days
data backup, and always-on support.
To know more, please visit
or call us at 1-855-ACE-IT-UP
www.acecloudhosting.com
Tax Software Hosting

12. Catch us on Social Media

13. References
Why Your Accounting Firm Should Care About Cloud This Tax Season?
- Ace Cloud Hosting
1.
2. How Cloud Is The Best Option For Small Business Growth And Survival?
- Ace Cloud Hosting
3. Reasons To Transform Tax With Technology
- Taxologist
4. Global Tax Is Going Digital
- Forbes