Every payroll or tax professional knows tax year-end can generate a large amount of stress during an already busy time of year. It seems several months can be devoted toward preparing for, living through and cleaning up after tax filing. Correct and efficient tax preparation eases the pressure of the tax season and leaves yourself, your employees and the government happy people. There are several things that can be done to ease the burden. Besides monitoring your employees’ tax data early, creating year-end checklists and attending year-end seminars, the SAP Tax Reporter functionality is advantageous in tax preparation during and at the end of the tax year.
