GreatSoft News

Tax Software Top Tips and Tricks: Are You Using These Features?
The difference between good software and great software lies in how well it supports users. While strong features matter, real value comes from guidance, support, and local expertise. At GreatSoft, we focus on helping clients get the most from their tax software. Our consultants work closely with accounting practices every day. Because of this, they

GreatSoft Solutions That Will Benefit Your Accounting Practice
In this dynamic world we live in, Accounting firms face various challenges. Some of them may be easy to navigate and others could hinder growth and efficiency. The ever changing regulations and managing client relationships can be overwhelming. This is where GreatSoft can support you. As a leader in accountancy CRM, we have a wealth

Unlocking Beneficial Ownership: The Rules and Impact on Companies
What is Beneficial Ownership (BO)? Not completely sure what it means? Well, you’re not alone. Many have been enjoying the benefits of owning a business with no legal attachment to it. These individuals are beneficial owners. Still not sure what we’re talking about? Consider the following: Depending on the agreement of ownership, a beneficial owner,

The Role of AI in Accounting Practices
Artificial Intelligence (AI) has made a notable impact in society. It’s all everyone’s talking about and rapidly transforming how businesses operate. While it may reshape certain jobs, it’s also creating new roles. The way it automates certain tasks, has resulted in enhanced productivity. Many people regard AI as a software for IT departments in large

Moving from Paper to Digital Mastery
Are you tired of dealing with mundane tasks? Constantly consumed with mindless paperwork? “Time is what we want most, but what we use worst” – William Penn Running a business requires hard work. Besides dedication, it also requires time. Balancing responsibilities and making tough decisions can be demanding. Reducing or eliminating tedious duties can enhance

2024 Filing Season Updates and Key Dates
As we approach the 2024 filing season, it’s crucial to stay informed about important dates and changes. Whether you’re an individual taxpayer, a tax practitioner, or a GreatSoft system user, here’s what you need to know: Individual Filing Season Dates and Updates Start Date: The official filing season for both provisional and non-provisional individual taxpayers