Strategies for Electronic Integration Lessons From Electronic Filing of Tax Re

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Strategies for Electronic Integration Lessons From Electronic Filing of Tax Re
N Venkatraman
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Two, the integration now possible between return-preparation and the instant refunds creates the need for formal alliances between return-preparers and retail banks^^. Although these two players existed in the traditional marketplace, as shown in Figure 3, there was no linkage between them. Three, the retail outlets like 7-eleven, Revco stores and others now have new linkages through their role in collecting self-prepared returns for Instatax (or, similar players) to reap economies of scale in ...electronic filing.
rv. Transformation of Prior Linkages. The transformation of prior linkages has occurred in a variety of areas: One, the linkage between taxpayer and the return- preparer has changed from the simple task of completing the return towards one of providing a more complex set of services including return-filing, confirmation of receipt by IRS, instant refund (if desired) and other financial services. While the scope of this enlarged service may require other players, the return-preparer could act as a conduit between the taxpayer and the broader set of players.


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