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New WCO product classifications are here. Are companies ready?

ThomsonReuters

More than 200 countries use the HS to categorize trade products in over 5,000 commodity groups. Customs authorities rely on the HS to collect trade tariffs, guide tax policy, establish rules of origin, and collect data on virtually every aspect of cross-border trade. “It’s And the risk is not limited to customs.

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Digital transformation in tax: K-1 Analyzer paves the way to automation

ThomsonReuters

In the digital age, tax executives must shift from traditional tax roles in order to be ready for changes that are coming to the industry. The challenge for tax professionals is finding the time to focus on strategic objectives when their plates already are filled with traditional tax functions.

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How API integration helps drive automation in tax and accounting firms

ThomsonReuters

If you’re a leader in a tax and accounting firm, you know the pain that disconnected teams, lack of visibility, and inefficient workflows can bring. You also may have heard of APIs; however, many accountants are unsure of what they are and how they can help simplify workflow and boost profitability. What are APIs? What are APIs?