ThomsonReuters

FEBRUARY 9, 2024

Under this act, if a corporation’s CEO or highest-paid employee’s compensation exceeds 50 times the median worker’s pay, the corporate tax rate would be increased by a penalty determined by the legislation. Also, the act addresses the use of optical character recognition (OCR) software.

Tax 110

Tax tax return Technology income tax 110

ThomsonReuters

OCTOBER 24, 2023

Data is king in today’s fast-paced world of finance and tax. Yet, for many companies, the journey of data from disparate sources to financial close, tax returns, and reporting can be torturous. To learn more about automation of data in tax, read our white paper “Automating tax provision: The power of technology.”

Technology 52

Technology Tax corporation tax accounting and finance 52

ThomsonReuters

FEBRUARY 24, 2023

K-1s are tax forms that are used for business partnerships to report to the IRS a partner ’s income, losses, capital gain, dividends, etc., from the partnership for the tax year. With the K-1, a partner’s earnings can be taxed at an individual tax rate versus the corporate tax rate.

Non-Profits 59

Non-Profits tax return Tax income tax 59

ThomsonReuters

AUGUST 5, 2022

For a more in-depth look at Forrester’s independent research on the costs and benefits of ONESOURCE Indirect Tax’s tax automation platform , download the full study. Keep reading for more resources on how to calculate ROI in your tax technology business case: Webinar: Building a business case for indirect tax automation.

Technology 52

Technology Tax E-commerce accounting and finance 52