Everyone who uses a PFM application, like AllData® PFM, knows the value in having all accounts on a single dashboard. But many users don't realize this same information can help with preparation for annual income taxes.
For many consumers, the preparation required for tax time can be a daunting and time-consuming task. Whether an individual is submitting for themselves or one who lets the professionals do what they do best, pulling together the paperwork and detail needed can take a lot more time than expected.
AllData PFM offers the tools to make the path toward annual tax filings easier. Personal financial management dashboards help users consolidate their financial lives in many ways. The tools provided to assist with the gathering of data for preparation of tax returns is another way that these dashboards can make lives easier.