Tax & Accounting Blog

Is Minnesota Ready for Tax Reform?

Is Minnesota Ready for Tax Reform?

This was the main topic of discussion amongst 400+ tax professionals at TEI’s 29th Annual President’s Seminar in Minneapolis last week.  In his opening address, Myron Frans, Minnesota Commissioner of Revenue addressed the group on the state’s complex tax policy and unique challenges, including demographic and economic changes impacting tax revenue. He emphasized that over time, the mix of … Read More

Year-End Success Story #5: How One Company Shaved Off Their Close Time by 30%

Year-End Success Story #5: How One Company Shaved Off Their Close Time by 30%

When it comes to finishing your financial close, do you ever think, there must be a better way? Jason Hamil, Sr. Tax Accounting Mgr, A Global Logistics & Transportation Company reveals four tips for getting ahead during year-end. Hear his year-end success story! “Our biggest year-end challenges were being able to complete … Read More

Year-End Success Story #4: How SES Americom Inc. Added Consistency to the Year-End Process

Year-End Success Story #4: How SES Americom Inc. Added Consistency to the Year-End Process

“I would say that ONESOURCE has helped to add consistency to our year-end process.“ –Andrea Smith,   Senior Tax Analyst, SES Americom Inc. Andrea Smith, Senior Tax Analyst, SES Americom, Inc. explains how her tax department  initially had difficulty getting their provision done in a consolidated manner. After utilizing ONESOURCE, she was able to generate self-reconciling tax … Read More

Year-End Success Story #3: How Intermec Sped Up Their Provision By 2 Weeks

Year-End Success Story #3: How Intermec Sped Up Their Provision By 2 Weeks

Looking to free up time during your busiest season for more sleep, a vacation or to be with family more? Kim Gill, Sr. Tax Manager at Intermec shares how she’s spending her free time now that her tax department is experiencing significant time savings on their provision. “Before we started using ONESOURCE Tax Provision, one of the biggest challenges that … Read More

Year-End Success Story #2: How to Produce Better Quality Reports For Year-End

Year-End Success Story #2: How to Produce Better Quality Reports For Year-End

 Does this scenario sound familiar? Not enough time, limited capacity amongst staff; but still tasked with improving the quality of financial information in a shorter amount of time?  This is exactly what one global hospitality company’s tax department  faced when using spreadsheets to calculate their provision. Monique Smith explains why her her progressive tax department turned to automation and … Read More

Let the Voting Begin! Vote For Year End Success Stories This Week

Let the Voting Begin! Vote For Year End Success Stories This Week

After a month-long search, we’ve narrowed your success story entries to 5 top finalists! Watch to learn how different tax departments have overcome challenges and improved their compliance process. Each day this week, vote by clicking “Like” on your favorite year-end success story ! Today’s featured story comes from The Cheesecake Factory: Read More