Drake Software blog for tax pros, covering tax, IRS news, and more

The ‘IT’ Factor

The ‘IT’ Factor

‘Information Technology’ (IT) is commonly used as a synonym for computers and computer networks, but it’s much more than that.  It’s how we use these components to store, transmit, retrieve, and manipulate data.

Accountants and tax preparers have several concerns when it comes to IT procedures in their offices.  Topping the list of concerns is data management.  There is a vast amount of information to maintain in order to keep the office running efficiently and client’s information safe and secure.

System implementation is also on the list of concerns.  Thankfully, there are people available to help do everything from choosing the right software, to installing a network, and administering system updates.

And of course, privacy and security will always be a concern.  Keeping client files and their identities safe, is always a top priority.  There is a looming fear of infrastructure vulnerability, but with options that are tried-and-true it's much less daunting to find the technology we need.

Staying ahead of the competition is important.  The Internet is a wonderful resource to research and review the latest and greatest advances in technology, even new technology that isn’t even on the market yet.

IT has gotten easier, choosing the right system, maintaining data, and keeping information safe and secure.  There are a multitude of ways to collect information and research each area of concern – online, peers, or attending seminars and webinars.

Getting started in the tax and accounting business or just need someone to talk to about your concerns? Contact Drake Software at (800) 890-9500.  A knowledgeable system consultants will start you on the right path to success.

Kenya Hoffart, Industry Writer

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The Taxing Subjects staff is proud to cover the latest in tax-industry-related news, from tax law and IRS updates to technology and business strategies. If you have questions about an article or just want to reach out to the Taxing Subjects staff, email comments@taxingsubjects.com.

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