Tax & Accounting Blog

Data Management Podcast Series:  Behind the Scenes of AstraZeneca’s Tax Department

Data Management Podcast Series: Behind the Scenes of AstraZeneca’s Tax Department

How Saving 20 Hours During Their 7-Day Close is Getting the Tax Team More Exposure When the US tax department of AstraZeneca was under the microscope of new management, they knew that incorporating software into their tax processes would help to gain efficiencies around data management and reporting out globally. In our recent Data Management Podcast series, Linda Peoples, CPA tax … Read More

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Fun with International Tax Provision Issues

 When I was young and naïve, I overheard a seasoned practitioner remark: “If tax provisions are fun…then dealing with the international pieces of the provision is the most fun you can have.”  I’m now neither young nor naïve and I recognize the sarcasm in the remark.  However, I do believe the issues are interesting and, … Read More

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