Intelligent tax filing

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The issue

Pass-through entities are facing mounting challenges around the complex tax compliance and reporting requirements that inextricably link the firm and its partners/owners. Without governing procedures and guidance, partners may use different advisors for individual tax compliance and planning, resulting in:

  • Inconsistencies
  • Uncertainty
  • Potential negative impact
  • Higher cost of tax compliance
  • Strain
  • Security risks
  • Inability

Intelligent tax filing key elements

Intelligent Tax Filing is a holistic methodology to tax compliance and financial planning that streamlines data and automates processes, resulting in significant benefits for both partners and the partnership. There are several key elements, including:

  • Powerful technology tools (called ‘PReP’ and ‘TRACK’) that integrate firm data that flows between technology platforms within the firm and provide an online portal for various tasks and communications
  • A team of tax professionals (Center of Excellence) solely dedicated to serve partners at various entities. Referred to as Partner Tax Preparation Advisors (PTPA), this team specializes solely in partner tax compliance and planning
  • Customer-service oriented processes that focus on the partner’s experience - easing their compliance burdens and overall time incurred and giving them access to real-time advice that can have a favorable impact on the partner’s bottom line

Intelligent tax filing employs technology, process and people to drive significant benefits for both partners and partnerships

What is the value you will realize?


Real-time access to subject matter specialists

  • One-on-one relationship with a PwC advisor
  • Formal touch points throughout the year
  • Tax returns, estimates, extensions and more are prepared and signed by your dedicated advisor from the PTPA

Greater focus on proactive planning

  • Fewer resources spent on compliance tasks due to automated processes
  • Advisors have more time to provide value-added tax planning

Better consistency

  • Returns filed are consistent with firm guidance

No missed opportunities

  • Advisors are able to properly plan because familiar with partnership benefits and income

Lower administrative burden

  • Personal tax processes and payments take less time due to automation
  • Easy access to tax return data in digital storage

Concerns about identify theft minimized

  • No more paper documents
  • Using one firm for tax compliance will reduce the sharing of sensitive personal information


Greater control to ensure proper tax compliance

  • Knowledge of all partner tax positions
  • Helps ensure consistent reporting of firm-related items
  • Mitigates risk if partners complying with various country requirements

Helps protect the firm’s brand

  • Consistency among partner returns means lower risk of reputational damage

Efficiencies due to automation

  • Reduced number of tax return preparation hours reducing costs for both the firm and its partners
  • Integration with firm’s financial, payroll, and HR data for more accurate reporting
  • Ability to seamlessly model entity tax planning impact on partners

Less burden on tax department

  • Partnership resources no longer need to do certain tasks (e.g., composite elections, K-1 distribution)
  • Tax questions handled by PwC free up in-house resources for more value-added tasks Bolsters the firm’s reputation as ‘tech savvy’
  • Younger partners in particular will expect technology-enabled processes


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Contact us

Allison Shipley

Partner, PwC US

David Pouso

Director, PwC US

Rick Reekie

Partner, Advanced Tax Analytics & Innovation, PwC US

Marjon Marik

Tax Manager, PwC US

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