Tax & Accounting Blog

UltraTax/1065 Now Supports Activity-Based Reporting

UltraTax/1065 Now Supports Activity-Based Reporting

With the release of 2015 UltraTax/1065, each partner’s Schedule K-1 package will provide a worksheet with income and expenses broken down by activity. We made changes to input screens and data entry fields to support this activity-based reporting for partners. We also changed several single-unit input screens to multiple-unit input screens. Input Screen Changes The … Read More

Forward-Thinking Firm

Forward-Thinking Firm

[Image ©Eric Millette] Chris Coggins had a new-client presentation to give on behalf of his firm, The Tax Office, Inc., but he didn’t get a chance to prepare for it. Then he remembered the Practice Forward™ materials he’d been given at a Thomson Reuters Partner Summit in 2015. Using the materials, Coggins developed a proposal … Read More

French Parliament Approves Finance Bill for 2016 and Amending Finance Bill for 2015

French Parliament Approves Finance Bill for 2016 and Amending Finance Bill for 2015

On December 17, 2015, the French Parliament approved the Finance Bill for 2016 (2016 FB) and the Amended Finance Bill for 2015 (2015 AFB). Except for the constitutionality review by the French Conseil Constitutionnel, both bills are final and expected to be published before year end. The 2016 FB introduces a country-by-country reporting … Read More