Tax & Accounting Blog

What’s New in Accounting CS

What’s New in Accounting CS

On October 7, 2016, powerful, timesaving Accounting CS® enhancements were released in version 2016.3.0. Many of these tools came from your suggestions submitted via the Thomson Reuters ideas community. Accounting CS continues to evolve with help from your firms—thank you for your contributions! Accounting CS Library—download advanced custom reports from a collection of approximately 50 … Read More

Science Explains Why Infographics Are Effective for Accounting Firm Marketing

Science Explains Why Infographics Are Effective for Accounting Firm Marketing

With social media continuing to expand its reach as a powerhouse for marketing, compelling imagery has become increasingly important. As we discussed in a previous blog post on visual content marketing, humans are visual beings. This means that your social media strategy should include engaging and captivating images, including: Stories shared visually through … Read More

Import and Export Classification Risks

Import and Export Classification Risks

Blog, Global Trade, ONESOURCE October 14, 2016

Accurate product classification is one of the foundational components for moving product across borders.  In fact, import and export classification influences the basis for nearly every import and export transaction and the resulting tax and tariff assessment and fees levied by Customs and other regulatory authorities worldwide. Selecting the correct product classification is critical for … Read More

What’s Your Tax Season Resolution?

What’s Your Tax Season Resolution?

Forget New Year’s resolutions. Tax accountants don’t live by calendar years. Ours are fiscal years, dictated by IRS filing deadlines. It’s not until either the spring or fall deadline passes (or both seasons, depending on the complexity of your clients and how many go on extension) that it feels like the weight of another year … Read More

U.S. Representatives Attempt to Halt Finalization of Proposed 385 Regulations

U.S. Representatives Attempt to Halt Finalization of Proposed 385 Regulations

In a last-ditch effort to halt the finalization of the Proposed Section 385 Regulations (Prop. Regs.), members of the U.S. House Ways and Means Committee warned administration officials that these regulations now under final review at the White House Office of Management and Budget (OMB) need to be revised to avoid unintended harm … Read More