Tax & Accounting Blog

2012 ACT Conference Recap from Disney

2012 ACT Conference Recap from Disney

The 2012 ACT Conference sessions wrapped up with topics focused on automation, processes, and the future of the tax department. Attendees had the opportunity to attend a number of sessions that addressed different approaches to saving time. Stephen McGerty, VP and Head of ONESOURCE Tax Provision and Workflow, Thomson Reuters presented with Marcia Aulenback, VP of … Read More

The Ripple Effect of an R&D Tax Credit Study’s Real Costs

The Ripple Effect of an R&D Tax Credit Study’s Real Costs

What is the most time consuming part of your current R&D tax credit study process? I asked this question to more than 130 tax professionals who joined my co-sponsored webcast with one of our major pharmaceutical manufacturing clients: Automating R&D Tax Credit Management. Of the respondents, 50% said that scheduling, conducting, or documenting interviews through narratives was … Read More

Trending Topics @ the Orlando ACT Conference

Trending Topics @ the Orlando ACT Conference

Disney’s Contemporary Resort in Orlando was packed yesterday with roughly 200 tax professionals who joined to discuss the big theme of this year’s Association for Computers and Taxation (ACT) Conference….trends in data warehousing and data management. We heard from some great presenters starting out with breakout sessions on the trending topic of data warehousing. After lunch, we … Read More

Paying Foreign Employees Part 4: Tax Treaty Exceptions

Paying Foreign Employees Part 4: Tax Treaty Exceptions

ONESOURCE May 24, 2012

The United States has income tax treaties with over 60 countries. Tax treaties provide exemptions from income taxes but not from employment taxes with one exception. Teachers or Researchers from one of the nine countries eligible for an exemption from tax on their compensation covered by the Former USSR/CIS treaty are also exempt from Social Security and … Read More