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Global Mobility Tax, LLP Masters International Taxation with Help from Wolters Kluwer

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The firm sought advice from professional colleagues, and after hearing about CCH Axcess, senior manager Kimberly Engstrom and a partner attended CCH Connections: User Conference to find out more. The result: The firm now uses cloud-based CCH Axcess and Wolters Kluwer research to deliver unique services to global corporations. Visit CCHGroup.com/Axcess to learn more.

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Global Mobility Tax, LLP Masters International Taxation with Help from Wolters Kluwer

  1. 1. Tax & Accounting North America Global Mobility Tax, LLP Masters International Taxation with Help from Wolters Kluwer Case Study: Digital Tax Workflow When you have to be right
  2. 2. Global Mobility Tax, LLP Masters International Taxation with Help from Wolters Kluwer2 Firm uses cloud-based CCH Axcess™ and Wolters Kluwer research to deliver unique services to global corporations. When global organizations ask employees to relocate to other countries, they turn to Global Mobility Tax, LLP, a firm specializing in complex international tax planning, compliance and HR issues. The firm prepares individual income taxes for expatriate and inpatriate employees, and provides corporate advisory services for payroll, tax and compliance issues, and cost estimates for overseas relocations. Several years ago, after a busy tax season, firm managers felt new tax software was in order. The firm had used GoSystem Tax RS® for tax preparation. They tracked project time in Microsoft® Outlook® and then used Excel® to calculate billing. The entire process lacked efficiency. The firm sought advice from professional colleagues, and after hearing about CCH Axcess, senior manager Kimberly Engstrom and a partner attended CCH Connections: User Conference to find out more. “We took several CCH Axcess classes, and all of a sudden, a light bulb went off in our heads! We said, ‘Oh my gosh, these things all work together.’ CCH Axcess is not just a tax program. It is a time management system; it is a workflow system; and, it is document management. We were in shock — we didn’t know such a product existed.” — Kimberly Engstrom, CPA Senior Manager, Global Mobility Tax, LLP Global Mobility Tax, LLP Key Data: • Founded in 2003 • Headquartered in Los Altos, California with five locations • 50 employees • Specializing in tax planning for international assignments and relocations
  3. 3. Moving to the Cloud Enhanced Overall Firm Efficiency and Flexibility CCH Axcess is the profession’s first modular cloud-based tax solution. Powered by a central, single-access database, it helps CPA firms operate at maximum efficiency in a secure, integrated environment. CCH Axcess includes five fully integrated modules: CCH Axcess™ Tax, CCH Axcess™ Document, CCH Axcess™ Portal, CCH Axcess™ Practice and CCH Axcess™ Workstream. “Before, we lost time going in and out of many different applications. Any of us could accidentally delete a file on our shared drive; we had no real safeguards against that. Having all of our information integrated and secure within CCH Axcess saves time.” A cloud-based solution gave Global Mobility Tax, LLP the ability to work with clients all over the world from anywhere, in real time. The firm plans to allow employees to work from home two days each week. Some managers already work exclusively from home offices. “CCH Axcess definitely makes working remotely and sharing information a lot easier. If you are used to doing everything the same exact way for 15 years, it is hard to change. But, now, I can’t imagine what we did without Document. I could never find anything in our old, archived folders.” Kimberly Engstrom, CPA Senior Manager Global Mobility Tax, LLP Pasadena, California Global Mobility Tax, LLP Masters International Taxation with Wolters Kluwer 3
  4. 4. Global Mobility Tax, LLP Masters International Taxation with Help from Wolters Kluwer4 Firm Now Enjoys End-to-End Automation throughout the Tax Workflow From a single solution, firm leaders can use CCH Axcess’ integrated core as a single point of access to handle all tasks associated with tax preparation, compliance and workflow processes. Engstrom noticed an improvement in personal productivity during tax season, completing 15% more returns and receiving fewer e-file rejections. The tax equalization program particularly benefits Global Mobility Tax, LLP because most of their clients are on overseas work assignments. Equalization ensures clients pay only the taxes they would have owed if they remained in the United States, and it requires complex calculations. “The tax equalization program works tremendously. Being able to customize it has been fantastic and far superior to other products.” CCH Axcess Practice provides easy-to-use, comprehensive time and billing features that enable the firm to maximize billable hours and streamline administrative work. Employees can track time easily from within any CCH Axcess module. Time entered in Practice gets associated with projects in Workstream. “Time is money — especially in our business — so keeping track of it is really important. Practice allows me to see, in real time, where my people charge their time and monitor actual versus budget.” The firm tracks all deliverables in CCH Axcess Workstream. The system automatically updates a project’s status as it moves through the workflow from tax preparer to reviewer, and so on, enabling managers to monitor workloads, manage projects and stay ahead of due dates. “We use Workstream to track our projects and manage workflow. I look at my list of projects and who on my team is working them and what stage each project is in to decide whether someone has too much to do or too little. It helps me make sure nothing is forgotten or stuck in a process for too long.”
  5. 5. Global Mobility Tax, LLP Masters International Taxation with Help from Wolters Kluwer 5 Wolters Kluwer Research Keeps Firms Up to Date on Changing Tax Issues Global Mobility Tax, LLP subscribes to a wide variety of Wolters Kluwer research information and tools to stay ahead of the always-changing and complex international tax regulations. Firm employees use CCH®  IntelliConnect® as the gateway to access this world-class research and tools. Thanks to integration across Wolters Kluwer products, the firm’s staff can access CCH IntelliConnect directly from the tax software and save answers directly into CCH Axcess Document. “With our heavy international focus, we rely on CCH IntelliConnect to provide us the answers we need when working with complex rules and regulations in foreign countries on behalf of our clients. CCH IntelliConnect offers the best combination of information and tools so we know we are basing our decisions on the right answers while saving us a lot of time. The tools in CCH IntelliConnect are important because they do so much of the heavy lifting for us whether it’s comparing tax situations across multiple international jurisdictions or alerting our clients about tax impacts, before they learn this information from another source.”
  6. 6. Global Mobility Tax, LLP Masters International Taxation with Help from Wolters Kluwer6 No More Jumping through Hoops Engstrom noted that Wolters Kluwer works hard to meet her firm’s needs and takes her product suggestions seriously. They had a great experience with their implementation and look forward to continued efficiency gains. “Our Company is growing very quickly and we’re learning how to use CCH Axcess to be more efficient and more global minded. From where we started to where we are now, I just can’t believe all of the hoops I used to jump through before we had CCH Axcess.”
  7. 7. When you have to be right © 2016 CCH Incorporated and its affiliates. All rights reserved. Please visit CCHGroup.com/Axcess for more information. Contact information: Wolters Kluwer 2700 Lake Cook Road Riverwoods, IL 60015 United States 800-739-9998 5/16 2016-0014-7

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