People in the computing world, particularly in the tax prep industry, have their heads in a cloud.  The “cloud,” of course, is the Internet cloud—that place in cyberspace where more and more business is conducted and more and more financial and personal data is stored, accessed, moved about, and transformed. Instead of storing customer information on-site, companies these days—including tax preparation and accounting businesses—are subscribing to SaaS (software as a service) vendors for data storage and retrieval.

Many businesses still cling to the old ways of doing things—enduring the cost and the inconvenience of running a paper office because they don’t trust the security of SaaS, the Internet cloud, and many things high-tech. But in reality, this distrust is unwarranted and companies stuck in the 20th century are in danger of being left behind by more forward-thinking, innovative tax firms. Today’s rapidly evolving business world is making full use of SaaS and cloud technology.

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