ThomsonReuters

OCTOBER 24, 2023

With the right technologies in place, they can improve efficiencies, mitigate risk, better serve internal stakeholders, and ultimately drive greater profitability. Data consolidation challenges One of the greatest challenges facing tax departments is a lack of data integration and automation among systems.

Technology 52

Technology Tax corporation tax accounting and finance 52

ThomsonReuters

MARCH 6, 2024

In the corporate tax space, just as the regulatory compliance landscape becomes more challenging and reporting requirements become more demanding, technology is advancing rapidly to crunch vast amounts of data in no time and streamline labor-intensive processes. AI is adept at supporting both.

Tax 88

Tax corporation tax Technology auditor 88

ThomsonReuters

NOVEMBER 23, 2022

According to the Thomson Reuters 2022 State of the Corporate Tax Department report, almost two-thirds of all corporate tax departments are either at or near the beginning of their tax technology journey. Do you need tax technology? Some processes are automated, but integration is spotty.

Technology 59

Technology Tax corporation tax audit 59

Cherry Bekaert

JULY 14, 2023

Over the last few decades, the technology industry has been booming with new technology startups. Many of these startups are set up as pass-through entities (PTEs), which provide an easy conduit for one layer of flow-through taxation and often retain favorable exit opportunities from a tax perspective. Wayfair, Inc.

income tax 97

income tax Technology Tax South Dakota 97

CPA Practice

FEBRUARY 27, 2024

To help manage these processes, they often turn to a certified public accountant, a technology they can use in-house, or both. These processes often include accounting and CFO services, financial planning, transaction services, corporate tax compliance and, increasingly, state and local tax compliance, including sales and use tax reporting.

Technology 52

Technology Tax Sales tax return 52

Accounting Insight

JUNE 13, 2023

How can AI and automation help small accountancy practices provide a better service? The commodification of AI is also happening in accountancy: small and medium-sized firms are beginning to embrace the technology, which was previously the preserve of the Big Four. How can AI and automation help small accountancy practices?

Technology 52

Technology Account accountant accounted 52

ThomsonReuters

DECEMBER 13, 2021

For indirect tax teams, the question of whether and when to invest in more tax technology often looms large, depending on the size of the organization and the immediate challenges facing the department. So when is the right time to invest in indirect tax automation ? Get ahead of indirect tax problems.

Technology 52

Technology Tax corporation tax audit 52

Shay CPA

NOVEMBER 14, 2023

The state of New York offers some serious tax perks for tech startups operating within its borders. Specifically, if you can get certified as a qualified emerging tech company (QETC), you and your investors can claim some meaningful credits to lower your tax liability. So, does your startup count as a QETC? Let’s dig in.

New York 52

New York Technology corporation tax Tax 52

ThomsonReuters

AUGUST 30, 2021

For corporate indirect tax specialists this reflects international business as usual – and solidifies the gap between their resources and the work required to meet regulatory requirements everywhere their companies operate around the world. How technologically sophisticated is your indirect tax team? In the U.S.,

Technology 52

Technology Tax corporation tax California 52

Menzies

NOVEMBER 27, 2023

Understanding the differences between the available allowances is crucial for enhancing tax savings and bolstering cash flow, particularly in the early stages of a tech enterprise, where capital investments may be significant. This is crucial for maximising your tax savings, contingent upon each company’s unique circumstances.

Technology 59

Technology Tax chartered accountant Maine 59

Menzies

FEBRUARY 16, 2023

The Chancellor is due to speak about plans to stabilise the economy and boosting growth, and hopefully we will hear more about the newly created Department for Science, Innovation and Technology following the recent cabinet shake-up. New tech The government closed the Help To Grow: Digital scheme in February 2023.

Technology 52

Technology chartered accountant income tax corporation tax 52

ThomsonReuters

AUGUST 5, 2022

When making the business case for investing in automated indirect tax technology (IDT) and technology implementation, what the company stands to gain in terms of efficiencies and return on investment (ROI) are certainly important key factors, but the discussion must eventually come around to cost. Licensing costs.

Technology 52

Technology Tax E-commerce accounting and finance 52

MyIRSRelief

APRIL 29, 2024

This is where specialized tax and accounting firms step in, becoming a crucial partner for small businesses with under 100 employees. These firms understand the unique challenges faced by LA’s diverse entrepreneurial landscape, from tech startups in Venice Beach to established family-run restaurants in Koreatown.

Tax 130

Tax bookkeeping Account accountant 130

Accounting Insight

MAY 9, 2024

Elements automates workflows and utilises a single client record, enabling firms to onboard clients, produce and file accounts, conduct tax calculations, submit returns to HMRC and conduct practice-wide anti-money laundering compliance on a single cloud platform.

bookkeeping 64

bookkeeping Technology corporation tax payroll 64

ThomsonReuters

DECEMBER 22, 2023

As emerging technologies continue to reshape industries, tax departments are not exempt from the transformative power of innovation. In this era of rapid change, corporate tax professionals must stay ahead of the curve and leverage the latest tools and strategies to navigate the complex landscape of tax compliance.

Tax 52

Tax Technology corporation tax audit 52

PYMNTS

OCTOBER 1, 2019

In the next 10 years, as robots and other tech bring about the “greatest transfer from labour to capital” the industry has witnessed, per a report by Wells Fargo analysts, U.S. Mayo said, according to the outlet, “It’s been a rocky 25-year marriage for banking and technology, but it’s finally getting on course.”.

Technology 86

Technology corporation tax Tax 86

ThomsonReuters

APRIL 21, 2024

For corporate tax professionals, navigating the ever-evolving landscape of tax codes and regulations is often a daunting task. It works in several ways, for example: Machine Learning for Automated Classification: Machine learning algorithms can be trained on vast datasets of product information and tax codes.

Tax 52

Tax corporation tax Technology tax planning 52

CPA Practice

NOVEMBER 9, 2023

Thomson Reuters, a global content and technology company, has added several updates to its suite of tax, accounting and audit products, it announced at its annual customer event, SYNERGY. Automating tax and audit workflows “Tax industry professionals struggle with the increased pace of regulatory change and hiring challenges.

Technology 52

Technology tax preparation corporation tax auditor 52

Going Concern

DECEMBER 15, 2023

As 2024 approaches, Ignition’s latest survey reveals accountants will face what we’re calling triple threats: too much work, too few people and too late to move on tech. This was followed by lack of time to implement technology (49 per cent), inefficient or manual processes (40 per cent) and too much client work (38 per cent).

audit 108

audit Technology accounting and finance Legal 108

ThomsonReuters

JUNE 22, 2021

Indirect tax specialists in North America and Europe expect to see more digitized tax filing and real-time remittance requirements in the next two years — and they lack the technology and operational processes to meet these demands. The bigger picture: Common and new corporate tax challenges.

Tax 52

Tax Technology corporation tax California 52

PYMNTS

DECEMBER 1, 2019

Germany is planning to temporarily take stakes in high-tech companies in order to stop investors from non-EU countries from acquiring them. In addition to foreign investment, Altmaier also proposed cuts in corporate tax, a capping of social security contributions for business, and lower energy costs.

Technology 65

Technology Manufacturing corporation tax Tax 65

ThomsonReuters

NOVEMBER 15, 2021

Corporate tax teams responsible for collecting, managing, and paying indirect taxes face numerous challenges in today’s fractious tax landscape. Increasingly, tax authorities are using this data to build comprehensive profiles of a company’s tax liabilities, and are even sharing that data with other countries.

E-commerce 52

E-commerce Technology Tax corporation tax 52

ThomsonReuters

JUNE 28, 2022

Corporate tax teams that want to invest in an automated indirect tax solution can’t simply declare to decision-makers that efficiencies, cost savings, and a host of other benefits will magically start boosting the bottom line once the software is activated. what the return on technology investment (ROI) is going to be.

Tax 90

Tax Technology corporation tax auditor 90

CPA Practice

MARCH 22, 2024

Ralf Gärtner, Senior Vice President and General Manager of Corporate Performance & ESG, Wolters Kluwer, said: “There is now a critical need for multinational companies to meet and manage the complex global requirements related to OECD Pillar Two.

Tax 52

Tax Technology tax preparation corporation tax 52

CPA Practice

DECEMBER 19, 2023

And for well over a third (38%) of workers in the profession recently surveyed by Robert Half, generative AI is one technology that they expect will make a positive impact on their careers. It is to your benefit to begin building a productive relationship with this powerful technology today. But generative AI is different.

accounting and finance 121

accounting and finance Finance Account accountant 121

ThomsonReuters

APRIL 17, 2024

The report offers a deep dive into the transformative impact of GenAI on professional services, and below is a brief summary of how tax professionals specifically perceive this technology and its potential applications on their workflows. I would not want to be too dependent on it,” said one corporate tax director.

Tax 98

Tax tax preparation tax return Technology 98

ThomsonReuters

JULY 9, 2021

Nearly half of the corporate tax departments participating in a new survey say they are under-resourced — and the problem is more pronounced among companies in North America than in Europe. The report is based on a survey of 821 tax specialists. Technology and automation lead the strategic response for indirect tax teams.

Tax 52

Tax corporation tax Technology Sales 52

ThomsonReuters

NOVEMBER 16, 2023

In the second installment of our three-part series on e-invoicing, we will explore how e-invoicing and continuous transaction control (CTC) regulations impact tax compliance, and examine some of the challenges and considerations that corporate tax teams may encounter.

Tax 59

Tax Technology AP Automation accounts payable 59

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

NOVEMBER 30, 2020

The new Thomson Reuters podcast, Tax & Tech Talks explores the evolving inter section of tax and technology. Each episode explores current issue s or topic s , giving listeners an opportunity to gain a deeper understanding and new perspectives in tax and tech. Optimizing the tax function.

Finance 98

Finance Technology Tax accounting and finance 98

PYMNTS

JULY 26, 2018

Accounts payable automation firm Tipalti announced a string of partnerships this week in deals that see the partner linking their own customers to Tipalti tools. Finally, Sovos is augmenting its corporate tax compliance software offering with Tipalti’s tools.

Technology 40

Technology AP Automation NetSuite Accounts Payable Automation 40

Withum

OCTOBER 26, 2023

Withum celebrated NetSuite’s 25 th anniversary and was hands-on at breakout sessions relevant to the industries we serve, including but not limited to: technology , manufacturing , distribution , retail and e-commerce. NetSuite’s annual SuiteWorld conference brought together thousands of customers and partners in Las Vegas this month.

NetSuite 59

NetSuite E-commerce Technology corporation tax 59

ThomsonReuters

JANUARY 30, 2023

As the burden of corporate tax compliance mounts, companies are increasingly turning to tax and accounting firms for help in complying with direct tax requirements. That ’ s why it is essential for firms to have a robust corporate tax technology platform in place.

Tax 59

Tax corporation tax Technology tax return 59

CPA Practice

JUNE 1, 2023

BEPS also requires that companies itemize their revenues by country, and as taxation bodies develop more sophisticated models that compare BEPS data with corporate tax return data, there may be an increase in investigations. Further, teams need to adapt to a shifting landscape of rules as the framework evolves over time.

Tax 98

Tax corporation tax Technology accounting and finance 98

PYMNTS

APRIL 12, 2019

Robotics and automation were areas of focus for both retailers this week as they seek to upgrade their operations in an effort to capture more consumer spend. Amazon is advancing warehouse automation tech with a big leveling up of its autonomous cart technology. Carts Go Driverless: The Acquisition of Canvas Technology.

Technology 40

Technology corporation tax Retail Real Estate 40

ThomsonReuters

NOVEMBER 4, 2020

Why technology is critical for DAC6 compliance. These days, the number one concern of corporate tax departments is clear: keeping up with changing regulations. This framework aims to put an end to tax avoidance strategies and mismatches in tax rules to ensure multinational enterprises pay their fair share of tax.

Technology 52

Technology Non-Profits Tax tax planning 52

Accounting Insight

MARCH 3, 2023

As digital transformation continues to accelerate the evolution of tax and accounting, the players who expedite their embrace of these six tech trends will have an early mover advantage. Our more progressive clients understood the opportunities presented by cloud technology and were already prioritizing their transition.

Tax 52

Tax Account accountant accounted 52