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 #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 #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

Excelling at Tax Data Management: Roundtable Discussions

Excelling at Tax Data Management: Roundtable Discussions

Your job depends on collecting and reporting on accurate data , but how do you achieve this? With evolving tax regulations and organizational changes, it can be challenging to not only manage volumes of tax data, but also to adopt a strategy that works best for your company. Some use a trial and error system, while others … Read More

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TaxStream, Insource, Liquid Engines – Where Did You Go?

They’re all on the ONESOURCE platform…sure their names may have changed, but the robust features and functionality is still here and it continues to grow and improve. Are they the same products that you knew five years ago when they had other names? Well is Patty the same as Dr. Patricia Smith or … Read More