Tax & Accounting Blog

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

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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

Data Management Podcast Series: Why Data Management Processes are Priceless to This Tax Department

Data Management Podcast Series: Why Data Management Processes are Priceless to This Tax Department

What if you could improve visibility into — and control over — your company’s tax data and tax-related systems and processes? Overall, how could you benefit from standardizing calculations?  A year and a half ago, these are the questions that one global tax department looked into. Challenged with a material weakness and improving their spreadsheet-based tax process, they were forced … Read More

The Ripple Effect of an R&D Tax Credit Study’s Real Costs

The Ripple Effect of an R&D Tax Credit Study’s Real Costs

What is the most time consuming part of your current R&D tax credit study process? I asked this question to more than 130 tax professionals who joined my co-sponsored webcast with one of our major pharmaceutical manufacturing clients: Automating R&D Tax Credit Management. Of the respondents, 50% said that scheduling, conducting, or documenting interviews through narratives was … 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

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Fun with International Tax Provision Issues

 When I was young and naïve, I overheard a seasoned practitioner remark: “If tax provisions are fun…then dealing with the international pieces of the provision is the most fun you can have.”  I’m now neither young nor naïve and I recognize the sarcasm in the remark.  However, I do believe the issues are interesting and, … Read More