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Thomson to Intro Client Tax Centers

Jon Baron, Thomson ReutersThomson Reuters plans to introduce next year a centralized tax center that firms can offer their clients. That was one of the plans outlined this week as the company's Tax and Accounting business held its Synergy user conference.

"We will be building what I call 'My TaxCenter,'" said Jon Baron, managing director of the unit that markets the company's tax software products. Baron said such a center would include information such as notification of electronic filing status for individual clients. However, he did not go into great detail noting that, "We want to build this properly so that you will be able to identify what you want out there."

The name has not been chosen - My TaxCenter is a working title - and Baron said later that the centers would not be available until after tax season. However they are designed to provide central places that firms can use to provide information to clients about taxes and also to receive information from them.

Firms will be able to choose the information clients can receive or provide via the center. For example, they might accept source documents from clients, Baron said.

 

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