Tax & Accounting Blog

Dedicated or Shared Cloud – Which Works for You?

Dedicated or Shared Cloud – Which Works for You?

Last week I had the opportunity to attend Synergy, our annual ONESOURCE User Conference. I conducted presentations on Thomson Reuters ONESOURCE™ Indirect Tax applications, and had lots of great conversations about what’s top of mind for tax professionals. A common theme continues to be the ongoing inability to concentrate on their core area of expertise, … Read More

Section 385 Final Regs. Modify Prop. Regs. to “Minimize Burdens” on Taxpayers

Section 385 Final Regs. Modify Prop. Regs. to “Minimize Burdens” on Taxpayers

In 518-page TD 9790 , October 13, 2016, IRS issued final and Temporary Regulations ("final Regulations") under Section 385 that (1) establish threshold documentation requirements that ordinarily must be satisfied so that certain related-party interests in a corporation are treated as indebtedness for federal tax purposes; and (2) treat certain other … Read More

Geography Awareness Week

Geography Awareness Week

Happy Day of GIS! It is the third Wednesday in November which is the day on which we celebrate Geographic Information Systems within the context of Geography Awareness Week. Geography influences everything from biology to politics, from weather to tax calculations. And Geographic Information Systems (GIS), gives us a way to collect, display, and analyze … Read More