The accountant's guide to simplifying tax complexity for investors
As technology adoption grows in the investing space, so does the demand for innovative and tech-forward accountants.
According to Sharesight data, the average premium user has three different portfolios with 32 holdings and 54 trades per portfolio, with these trades being executed through two or more brokers. All of this creates layers of complexity for investors, and in turn, for the accountants who will inevitably be preparing their tax returns.
With this in mind, we have developed The accountant’s guide to simplifying tax complexity for investors.
In this whitepaper, we discuss:
The challenges accountants face when preparing tax returns for investors;
The shortcomings of spreadsheets and manual data entry; and
How accountants can focus on higher revenue-generating outcomes while improving client retention and satisfaction.