The use of GruntWorx products is permitted as a tax preparer to tax preparer disclosure described in Treasury Regulations Section 301.7216-2(d)(1), since all GruntWorx service providers are located in the United States and GruntWorx provides an auxiliary service in connection with the preparation of tax returns that does not provide the substantive determinations of advice affecting the tax liability reported by taxpayers.
SaaS solutions provide users with easy-to-use and innovative offerings that help firms provide real-time service to their clients—at a comfortable price point. Strong value propositions, healthy ROIs, and easily deployable solutions are all fueling the SaaS boom. However, as SaaS becomes more mainstream, the profession is demanding that vendors continue to raise the bar on internal controls to ensure the security of data outside the firm’s office, as well as compliance with all regulations.
Learn about the standards for security and compliance by which to measure SaaS vendors.