Tax & Accounting Blog

APB 23:  ETR Ally, Audit Risk or Both?

APB 23: ETR Ally, Audit Risk or Both?

What is APB 23? APB 23 (codification effort notwithstanding, old habits die hard) provides an exception to the general rule that a U.S. multinational company must provide U.S. taxes on the foreign earnings of its controlled non-U.S. affiliates. More specifically, APB 23 is the accounting rule that allows a U.S. multinational to assert that its … Read More

Maruca announces creation of International Practice Networks for Transfer Pricing

Maruca announces creation of International Practice Networks for Transfer Pricing

Two international practice networks have launched within the transfer pricing operation of the IRS. Transfer Pricing Director Samuel Maruca has announced the formation of two new International Practice Networks within the IRS focusing on in-bound and outbound income shifting in order to bring a higher level of professionalism within the service.  This is part … Read More

Planning to Win the Data Management Lottery? Attend this Webcast To Find Out…

Planning to Win the Data Management Lottery? Attend this Webcast To Find Out…

How can you leverage the work you have done to allow others to quickly access it and pick up where you left off? When you use software to compute your income tax provision, you have a powerful tool to enable efficient processes. How you (and the people who follow you) use this tool is what … Read More

onesource

Industry Leaders Talk Data Management in Pittsburgh

I recently caught up with 25 senior tax professionals from the Pittsburgh business community to gain valuable insight through interaction.  During the roundtable, top tax professionals shared their challenges with technology and the gaps that exist in streamlining the data management aspect of their day to day tasks. This interactive corporate tax discussion brought together professionals representing a diverse range of departments … Read More

2012 ACT Conference Recap from Disney

2012 ACT Conference Recap from Disney

The 2012 ACT Conference sessions wrapped up with topics focused on automation, processes, and the future of the tax department. Attendees had the opportunity to attend a number of sessions that addressed different approaches to saving time. Stephen McGerty, VP and Head of ONESOURCE Tax Provision and Workflow, Thomson Reuters presented with Marcia Aulenback, VP of … Read More

Data Management Podcast Series:  Behind the Scenes of AstraZeneca’s Tax Department

Data Management Podcast Series: Behind the Scenes of AstraZeneca’s Tax Department

How Saving 20 Hours During Their 7-Day Close is Getting the Tax Team More Exposure When the US tax department of AstraZeneca was under the microscope of new management, they knew that incorporating software into their tax processes would help to gain efficiencies around data management and reporting out globally. In our recent Data Management Podcast series, Linda Peoples, CPA tax … Read More