Tax & Accounting Blog

Thinking Globally and Inspiring the Inner Taxologist in Others

Thinking Globally and Inspiring the Inner Taxologist in Others

“I think globally. I love inspiring the inner Taxologist in others.  I am a Taxologist,” says Sam Cicogna, VP of Professional Services at Thomson Reuters. The tax function has evolved from its traditional role to a far more complex entity. This requires a new type of thinking and a new breed of tax professional that … Read More

Meet the Taxologist  – Tom Weippert, Tax Technology Manager at Ingersoll Rand

Meet the Taxologist – Tom Weippert, Tax Technology Manager at Ingersoll Rand

“I speak three languages: Tax, IT, and Finance. I march into uncharted territories. I am a Taxologist,” says Tom Weippert, tax technology manager at Ingersoll Rand. Tom is a holistic, logical thinker and views his organization like a puzzle. He leverages his skill set to join different pieces together and better understand how each role impacts … Read More

Meet the Taxologist

Meet the Taxologist

In today’s fast-paced and complex tax landscape, the status quo is not enough. Tax professionals must rise to the challenge and leverage the power of tax technology for total process efficiency. In short, today’s tax world needs Taxologists. But what is a Taxologist? Why are they important? What are their characteristics? How are IT and … Read More

Operational Transfer Pricing – Going from the Tax Provision to New Documentation Requirements

Operational Transfer Pricing – Going from the Tax Provision to New Documentation Requirements

As your CFO worked with your company’s financial auditors to prepare for the filing of your 10-K, you may have been tasked with the tax provision under ASC 740-10 (formerly FIN 48).  As a multinational corporation, your financial auditors are likely asking a lot of questions as to whether your intercompany pricing … Read More

onesource

Connect With ONESOURCE At Oracle OpenWorld

ONESOURCE will be highlighting our latest suite of tax and accounting solutions at Oracle OpenWorld September 22-26 in San Francisco. The Thomson Reuters ONESOURCE suite of tax and accounting solutions enables Oracle clients to bridge the gap between their financial systems and tax processes. Eliminate the burden of managing multiple sources of financial data. Leave … Read More

The “With and Without” Method for Allocating Income Tax

The “With and Without” Method for Allocating Income Tax

‘Twas the night before press release and all through the proof Nothing was open and there weren’t any goofs When all of sudden you awake with a fit You forgot intraperiod allocations and a deficiency you may get As the above cringe-inducing verse demonstrates, it is easy to think the tax provision is complete when … Read More