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Our Tax Technology Solutions

Cloud based technology designed to drive greater tax function effectiveness and efficiency

Legal Entity Management

A dynamic solution that manages vital company data, documents and organizational relationships.

State Apportionment

A powerful solution to streamline state and city apportionment data and calculations.

Income Tax Provision

A comprehensive income tax accounting solution designed for accuracy and simplicity.

Tax Technology BEYOND the Spreadsheet

Integrated Tax Lifecycle

The Tax Lifecycle is a continuous progression generally started with an enterprise’s annual income tax provision and continuing through the planning and forecasting phases. The process is tied to various regulatory deadlines and must be adhered to.

Tax Lifecycle PROVISION & FINANCIAL STATEMENT AUDIT EXTENSIONS ESTIMATED TAX PAYMENTS TAX COMPLIANCE TAX AUTHORITY AUDITS & DEFENSE AMENDED TAX RETURNS TAX PLANNING & REPORTING BUDGETING & FORECASTING

PROVISION & FINANCIAL STATEMENT AUDIT

At the close of every year and quarter, companies recognize income tax expense or benefit in accordance with FASB Accounting Standards Codification 740, Income Taxes (ASC 740). ASC 740 prescribes the methodology for the recognition, measurement and disclosure of income taxes.

EXTENSIONS

Due to the time constraints endured during the compressed tax accounting close, enterprises generally extend their tax compliance obligations to afford additional time to file income tax returns.

TAX COMPLIANCE

Companies prepare and file their annual income tax returns following a set of jurisdiction-based complex rules and regulations which are subject to ongoing change.

BUDGETING & FORECASTING

Due to the generally large cash outlays required during the tax year, tax obligations should be forecasted to ensure coordination with overall business operations.

TAX AUTHORITY AUDITS & DEFENSE

Tax returns are subject to the scrutiny of the various taxing jurisdictions in which a company operates or may be deemed operating.

TAX PLANNING & REPORTING

As one of the largest expenses on a company’s income statement, income tax planning is necessary to ensure obligations are met without sacrificing tax efficiency.

ESTIMATED TAX PAYMENTS

Companies need to comply with various federal, state, local and country specific rules and regulations to remit estimated tax payments periodically throughout the tax year.

AMENDED TAX RETURNS

Due to a multitude of factors, companies may be required to amend previously filed tax returns that may increase or decrease the amount of tax previously reported.

Latest News

IRS provides Helene relief; AICPA seeks BOI, FBAR filing extensions

IRS provides Helene relief; AICPA seeks BOI, FBAR filing extensions

The IRS said it was providing disaster relief for individuals and businesses in all or part of seven states. Also, the AICPA sent a letter to FinCEN seeking extensions for BOI and FBAR reports that match the relief that the IRS provides for other filings, both in terms of the extended due dates and geographic scope.

PCAOB inspectors offer advice in areas of risk

PCAOB inspectors offer advice in areas of risk

Public company audits can benefit from expert input, particularly in the rapidly changing world of cryptoassets. Also, the SEC, FASB, and FASAB issued regulatory updates.

CPA licensure update: Uniform Accountancy Act changes proposed

CPA licensure update: Uniform Accountancy Act changes proposed

The AICPA and NASBA seek comments on changes that would allow states to adopt the proposed CPA Competency-Based Experience Pathway.

New AICPA apprenticeship program expands accounting talent opportunities

New AICPA apprenticeship program expands accounting talent opportunities

The Registered Apprenticeship for Accounting and Finance Associate program pairs employers and entry-level employees. It expands the AICPA’s apprenticeship offerings.

ERC supplemental claim process opened for third-party payroll companies

ERC supplemental claim process opened for third-party payroll companies

The IRS announced that it will open a supplemental claim process to help third-party payers and their clients resolve incorrect claims for the employee retention credit. The deadline is Nov. 22.

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How law firms maximise value from referrals

How law firms maximise value from referrals

Tax and legal advisers explain how they keep tabs on referrals and why reciprocity is important to generating new business

This week in tax: Commission refers four EU countries for pillar two delays

This week in tax: Commission refers four EU countries for pillar two delays

Spain and Poland are among the nations referred to the CJEU; in other news, Ireland plans to use its newly acquired Apple trial money to boost public spending

Fresh calls to disallow controversial tax ethics rules

Fresh calls to disallow controversial tax ethics rules

There will be an ‘unnecessary and burdensome compliance nightmare’ for small practices if the rules are not struck out, an Australian opposition politician told ITR

EY announces Anna Anthony as UK and Ireland managing partner

EY announces Anna Anthony as UK and Ireland managing partner

The tax expert’s appointment comes as EY plans to separate the roles of regional managing partner and chair going forward

Low-income countries see corporate tax revenue boost: OECD report

Low-income countries see corporate tax revenue boost: OECD report

The report claims ‘significant progress’ has been made on global minimum tax implementation and says a ‘notable shift’ occurred in taxation of business

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This month in indirect tax: VAT rates edge up after economic pressures ease

This month in indirect tax: VAT rates edge up after economic pressures ease

UK government looks to introduce e-invoicing, Grant Thornton hires from the ‘big four’ in Ireland, and more

Paraguay: A strategic destination for international investment

Paraguay: A strategic destination for international investment

Carlos Jorge Vargas and Rodrigo Gómez Sánchez of Mascareño Vargas – Asesores explore Paraguay’s appeal to international investors and highlight the country’s competitive tax regime as a particularly significant factor in attracting foreign capital

VAT on early termination compensation in telecommunications contracts: a critical M&A consideration

VAT on early termination compensation in telecommunications contracts: a critical M&A consideration

Dennitsa Dimitrova of Kambourov & Partners Tax Consulting highlights a significant tax risk in M&A transactions involving telecommunications operators and suggests what steps should be taken during the due diligence process

Deloitte leaves ITR’s 2024 Awards as biggest winner

Deloitte leaves ITR’s 2024 Awards as biggest winner

The firm picked up awards for its work in multiple jurisdictions, while DLA Piper walked away with four individual honours

Indonesian tax roundup: updated business regulations for Nusantara

Indonesian tax roundup: updated business regulations for Nusantara

This month’s summary, by Ahdianto Ah and Reza Farhan of GNV Consulting, also explains a regulation providing for an import duty exemption on certain seeds and seedlings, and new supervisory powers for customs officials

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‘Amount B doesn’t take disputes off the table’: TP Forum

‘Amount B doesn’t take disputes off the table’: TP Forum

Amount B was top of the agenda at ITR’s US Transfer Pricing Forum 2024, while there were also heated discussions on the US’s potential adoption of pillar two

HMRC guidelines on common TP risks hailed as a ‘game changer’

HMRC guidelines on common TP risks hailed as a ‘game changer’

HMRC is 'showing us what good looks like', one expert has claimed

TP dispute trends in Europe: how to manage the rising tide

TP dispute trends in Europe: how to manage the rising tide

Senior tax practitioners from five member firms of the Taxand network provide insights into enhanced tax audit scrutiny of transfer pricing in their jurisdictions and suggest several means of recourse for taxpayers

DLA Piper with multiple Impact Case wins at ITR Americas Awards

DLA Piper with multiple Impact Case wins at ITR Americas Awards

The firm also won regional awards for Pro Bono Firm of the Year and Tax Law Firm of the Year

New Dutch budget could have TP spillover effect

New Dutch budget could have TP spillover effect

Dutch taxpayers will be able to deduct more of their interest payments from their tax bills from 2025 – it could have an impact on the arm’s-length pricing of financial transactions

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