B2T Service Community Plan

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The B2T Service Community Plan, offered by TaxMeter International, is a cloud-based solution that automates income tax calculations directly from a company's accounting records. Utilizing the proprietary B2T Engine, it performs critical book-to-tax adjustments automatically, eliminating the need for users to have prior accounting or tax knowledge. By simply submitting input data via an Excel file, users can achieve accurate tax computations without manual intervention. Key Features and Functionality: - Fully Automated Book-to-Tax Adjustments: The B2T Engine processes accounting data to perform necessary tax adjustments, ensuring compliance with tax regulations. - No Accounting or Tax Expertise Required: Users can input business data without needing to understand complex accounting standards or tax laws, as the engine incorporates these internally. - User-Overridable Rates and Formulas: While the engine provides automated calculations, users have the flexibility to override rates and formulas to accommodate specific scenarios or preferences. Primary Value and User Solutions: The B2T Service Community Plan addresses the challenge of complex and time-consuming tax calculations by offering a streamlined, automated process. It reduces the risk of human error, ensures compliance with current tax regulations, and saves valuable time for businesses. This service is particularly beneficial for small to medium-sized enterprises lacking in-house tax expertise, as it simplifies the tax computation process and allows them to focus on core business activities.