How are Returns Filed Easily with Go System Tax RS

Abstract

The tax filing is necessary for all business though they are making profit or loss, The companies are outsourcing this process and major players are Big 4 companies (Price water house coopers, Deloitte, Ernst & young, Kpmg). These four are the largest professional servicing network in the world, which provides Auditing, Taxation, Financial advisory services, consulting Actuarial, Legal services and Assurance as per the need of their clients and deal with sensitive information’s of those companies which is not available to the outsiders. As they are the major players, they must provide service with updated technology for better services and as the information is very sensitive it must be securitized. So for having such a well-developed software all these corporates are using Go system Tax RS Software developed by Thomson Reuters. As a result of this Software usage all these corporates can provide their deliverables to their clients on time without any Errors. The clients are based on US and UK firms, So as known tax filing is very complicated in these countries. Providing better services is a major stumbling block for any company as Technology is upgrading day by day and chances of misleading information is also very high. To overcomes these challenges many changes were taken place in technology so that they can provide best in class services for their clients. This is where my research paper comes in which tells us about impact of Go system RS in Tax filing which majorly focuses on before and after introduction of this software and explains how Go system RS has made this Tax filing work simpler. The paper also studies about benefits of Go system RS, and the opinions of this software with the help of Tax professionals