Reclaiming 583 hours: Friedman+Huey standardized the last mile of the tax return

Introduction

Last-minute frustrations, particularly close to deadlines, may be a familiar part of doing business for tax and accounting professionals, but Friedman+Huey isn't satisfied with the status quo. They continually strive to innovate and improve their internal processes.

The firm recognized that one of the more cumbersome processes was the paper assembly procedure for tax returns. Simple 1040 returns took up to 30 minutes to print, assemble, and staple — and then there were the postage costs.

583 - Hours saved in a year

25 - Minutes saved per return

5 - Minutes for tax return assembly

To dig deeper, visit the original article on the Thomson Reuters blog.