Tax & Accounting Blog

Overwhelmed by Calculating and Substantiating Your R&D Tax Credit?

Overwhelmed by Calculating and Substantiating Your R&D Tax Credit?

Does calculating and documenting your R&D tax credit take valuable tax department resources or outsourcing dollars?   Does the time it takes to gather the necessary information or defend your tax credits prevent you from focusing on other tax issues? Does the thought of revamping your R&D tax credit process overwhelm you? If the answer … Read More

Are You Prepared to Face Simultaneous Audits?

Global audits are on the rise and tax laws are becoming increasingly complex. A recent Thomson Reuters survey showed across the board, the number of tax audits has increased: Globally, indirect tax audit activity is up 80% IRS audits are up 15% US state & local income tax audits are up 10%  Key audit risk … Read More

Boehringer Ingelheim Pharmaceuticals, Inc. Streamlines Tax Provision and Return Adjustments by 80%

Boehringer Ingelheim Pharmaceuticals, Inc. Streamlines Tax Provision and Return Adjustments by 80%

Strict year-end deadlines, manual inefficiencies and a lack of internal resources challenged the U.S. tax department of Boehringer Ingelheim. Like most corporate tax departments around the globe, their responsibilities were growing faster than their allocated head count. As a result, the relatively small income tax and provision staff saw major benefits in choosing a tax provision solution that streamlined and … Read More

Sailing Through Summer with the ONESOURCE Summer Corporate Tax Series

Sailing Through Summer with the ONESOURCE Summer Corporate Tax Series

Over 500 tax professionals joined us for our recent Summer Corporate Tax Series. These informative webcasts explored strategic process management initiatives around Transfer Pricing, Provision, and Data Management. Our tax experts shared best practices and attendees learned how to drive processes most efficiently. The final session focused on improving the overall operational effectiveness of the … Read More

Global Tax & US Income Tax Information At Your Fingertips!

Global Tax & US Income Tax Information At Your Fingertips!

Looking for the latest information on all things tax? Your business now has access to expert insight on the best tax tips and expanded coverage of major tax stories worldwide. Whether you’re interested in being informed of timely laws and issues; learning how to implement innovative processes and solutions around your tax operations; or networking with fellow tax … Read More