Tax & Accounting Blog

What’s the real motivation behind country-by-country reporting?

What’s the real motivation behind country-by-country reporting?

The Financial Integrity & Economic Development annual conference in early October of this year highlighted how corporate taxpayers could benefit from more transparency in reporting standards. The idea behind the potential benefits to both corporate taxpayers and governments flow from the following concept: transparency assures honesty and accuracy and potential maximization of tax revenue. Yet … Read More

Joe Harpaz “40 Under 40” Honoree

Joe Harpaz “40 Under 40” Honoree

Joe Harpaz, Senior Vice President & General Manager, Corporate business of Tax & Accounting was recently recognized by CPA Practice Advisor as a 2011 “40 Under 40” Honoree. This program is designed to highlight young professional leaders that have demonstrated their commitment to innovation and are shaping the future of tax & accounting. Joe was asked … Read More

Transfer Pricing Tops List of Leading UTP Disclosures

Transfer Pricing Tops List of Leading UTP Disclosures

Internal Revenue Service Commissioner Douglas Schulman, speaking at the national tax conference of the American Institute of Certified Public Accounts said that of the approximately 1,500 disclosures of Uncertain Tax Positions received, transfer pricing, research and development credits and business expenses topped the list of disclosures. The service views the UTP disclosures as a tool … Read More

How We Listened @ the 2011 ONESOURCE Global User Conference

How We Listened @ the 2011 ONESOURCE Global User Conference

226 tweets, 204 written comments, 10 listening sessions and dozens of ONESOURCE client interviews were all captured in just three days at the recent ONESOURCE User Conference in Miami. By allowing our clients to tweet (#ONESOURCEuc), stop by the “We’re Listening” booth to speak directly with Thomson Reuters executives, leave an anonymous written comment, and … Read More

What If You Could Cut Out a Full Day of Data Entry?

What If You Could Cut Out a Full Day of Data Entry?

In this newly released case study, the global leader in technology protection services reveals what steps they took to free up a significant amount of time around their complex state calculations so they can now focus more on analysis and enjoy some work-life balance.   When faced with challenges such as growing workload and over-reliance on manual … Read More

HOW TO MAKE EVERY SECOND COUNT DURING YOUR YEAR-END CLOSE

HOW TO MAKE EVERY SECOND COUNT DURING YOUR YEAR-END CLOSE

VPs and Directors in tax departments are always looking for ways to shave time off of their close so they can focus on more value-add activities. And, it’s no secret that having better access to data allows for a faster close of the books. We’re seeing the trend towards accelerated provision close times, down to 1-3 … Read More