Tax & Accounting Blog

HOW THE TPP WILL AFFECT U.S. IMPORTS Part 1

HOW THE TPP WILL AFFECT U.S. IMPORTS Part 1

Blog, Global Trade, ONESOURCE November 24, 2015

The TPP tariff reduction schedule treats party countries differently The breadth of countries covered by the Trans Pacific Partnership Agreement (TPP) and the news coverage surrounding the agreement will compel importers and exporters to spend time and money evaluating the advantage of the proposed duty savings from TPP.  However, it is prudent for companies to … Read More

New Documents and Features Added for eSignature in UltraTax/1040

New Documents and Features Added for eSignature in UltraTax/1040

Beginning with 2015 UltraTax/1040, several documents and enhancements have been added for the eSignature feature. New eSignature Documents The following eSignature documents have been added to UltraTax/1040. Form 114a, Record of Authorization to Electronically file FBARs Bank Account Verification Worksheet Form 8878, IRS e-file Signature Authorization for Form 4868 or Form 2350 To create eSignatures … Read More

eSignature Now Available for Business Entities

eSignature Now Available for Business Entities

The eSignature feature has been added to the following business modules: 1120, 1065, 1041, 990, 706 and 709. The following forms will be available for electronic signature. Engagement Letters Section 7216 Consent to Use and Consent to Disclose Bank Account Verification FinCEN Form 114a, Record of Authorization to Electronically file FBARs Note: At this time, … Read More

Cloud and Compliance

Cloud and Compliance

Blog, Global Trade, ONESOURCE November 20, 2015

I would never pretend to know more than the average IT person; in fact, my knowledge is quite below average.  As a beginner in the process of ‘cloud’ – here is my attempt to impart some wisdom. The word cloud is used as a metaphor for the Internet. Cloud computing is the practice of using a network … Read More