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A Glimpse into 2012: Technology Improvements for the Tax Industry
Taking into account industry trends toward bar coding of tax forms and paperless initiatives, L-Tron Corp. provides innovative technology for personal income tax preparers, leading to increased productivity, fewer errors, and improved workflow.
With over 30 years of experience, L-Tron understands that the tax industry faces many business challenges. Traditional income tax reporting methods result in excessive paperwork tracking, while averaging as much as 5% human error. Standard data input times range from 20 to 30 minutes for new clients. These are significant gaps within an industry where accuracy and efficiencies are imperative and security is required. When the SSA and IRS added barcoded versions of the W-2 and W-3 forms to the list of acceptable submission formats in late 2010, L-Tron recognized how critical developing a means of helping tax preparers improve their customer service and streamline processes within their businesses would be to the industry.
“L-Tron’s customers within the tax industry have shared that they consider the new IRS guidelines as a heads-up to make changes sooner than later,” explains L-Tron Senior Solutions Account Executive, Rich Riedman. “While at this point only W-2 forms have been addressed, there is a need to address additional forms, such as 1099s, which will have an even greater impact on the public at large. L-Tron’
The components of L-Tron’s tax solution (http://www.l-
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Founded in 1975, L-Tron is a value-added solution provider, collaborating with clients and key business partners to fully understand the challenges impacting their organizations. We help our clients become peak functioning businesses and government agencies, increasing their efficiency and enhancing support to their end users and constituents. To provide a total solution, we bring together services, combining our distinctive hardware and software capabilities in data collection and workflow processes with the most advanced technology in barcode, scanning, data collection, RFID and mobility.
L-Tron combines experience and comprehensive capabilities across key industries and businesses to support commercial organizations, manufacturing, healthcare, OEMs, law enforcement and government agencies globally.
For more details on our offerings, please contact L-Tron Corporation (toll free in the US) 800.830.9523, via email:Sales@
Page Updated Last on: May 23, 2011