Tax Managers are faced with constant change. That’s why it’s important to remember tips to save time with your Workpaper Management process to achieve all that needs to be done. Today’s corporate tax and accounting departments are on a Safari of their own. They seek to manage, update, and secure workpapers and their corresponding binders as […]
Looking at the Tax Cut and Jobs Act with a Corporate Lens
When it comes to corporate tax compliance, there’s no room for best guesses, which may or may not work out. Your current stakeholders trust that corporate tax and accounting professionals know how to adapt to changes now, and in the future. There is very little room for error. With this said, it’s imperative for those […]
Corporate Tax Department Paperless Trends
Even though corporate tax departments have just finished another tax filing deadline. Some teams find they are now in the middle of a tax compliance audit. So, instead of focusing on next tax season preparation or tackling the list of other business demands, they are dealing with an audit. Did you know that corporate tax departments use up to 40% of their team’s time searching for documents […]
Top Seven Fixed Assets Questions for a Retailer, Restaurateur or Manufacturer to Ask
If you are overwhelmed by the amount of time it takes for Fixed Assets Management, you are not alone! As a matter of fact, certain industries have adopted a 52/53 week accounting year for reporting. Ensuring a consistent and even comparison of sales year over year. But, without the right fixed assets management software in place, you may have yet again added more headaches for your finance […]
Automation Tools That Liberate Corporate Tax Managers.
Ask anyone that works in the typical corporate tax department, and they will be the first to tell you, deadlines and stress are no less intense in the corporate space, than the typical accounting firm. In many cases the stress can be much higher. For the managers running these respective departments stress is compounded by […]
Corporate Tax Departments-Tax Cuts & Jobs Act- Free Webinar.
Enlist Specialists That Know The Answers When it comes to business tax planning, there is no room for best guesses which may or may not work out. Your stakeholders trust that corporate tax professionals know how to adapt to changes now, and in the future. There is very little room for error. With this said, […]
Corporate Tax Workflow Solutions: New Enhancements Realized
Wolters Kluwer Tax and Accounting’s Corporate Workflow Solutions has now included a series of enhancements to help companies get back to what matters most; grow, manage and protect their businesses efficiently. In both CCH Axcess™, the profession’s first cloud-based, modular Tax Management solution suite operating from a single, core database, and CCH® ProSystem fx®, its […]
Banks Should Get Back to the Basics
Getting Back to Customer Service You don’t have to be living under a rock to know that banks and other financial institutions face challenges in adapting to an ever increasing regulatory environment. As a result of this compliance focus, one can make the case that banks are taking their eye off the ball. Perhaps the […]
Market-Based Sourcing and Beyond: Lookout for New State Tax Issues in the Corporate Tax World.
States are changing the way they calculate corporate income tax. Just when you thought you knew everything there was to know about multi-state corporate income tax apportionment, the states start switching up the rules! Nexus definition varies. For many years, corporate taxpayers could bank on a few understood conventions when figuring out their tax responsibilities […]
Is your Fixed Assets Management Optimized?
A well-structured fixed asset process provides efficiency around fixed assets, quality control as well as confidence surrounding business decisions that can have economic benefit. So how do you know whether your tax department is optimizing their fixed assets management? As a result of elevating your approach to fixed asset management, your tax department can gain confidence […]