Transforming Tax Technology
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.
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
OPR publishes letter to request tax information in case files
CPAs and other individuals who practice before the IRS can use the letter as a standard form for requesting tax information that was obtained as part of an inquiry into Circular 230 violations.
Unanswered calls, backlog of mail: IRS plan for government shutdown
The contingency plan calls for furloughs of two-thirds of IRS staff, which Treasury said will result in “significant harmful impacts on taxpayers.
FinCEN proposes BOI reports deadline extension for certain companies
Companies registered or created in 2024 would get an extended deadline to file beneficial ownership information reports, while other companies would not, under proposed rules.
Special per diem rate for business travel rises
Starting Oct 1, 2023, the special per diem rates taxpayers may use to substantiate ordinary and necessary business expenses for travel away from home will go up, the IRS announced.
IRS developing contingency plan as government shutdown looms
Congress plans to return to Washington on Tuesday, giving members five days to reach consensus on a full budget or a continuing resolution.
GASB addresses disclosure and classification of capital assets
GASB issued a proposal that would establish requirements for certain types of capital assets to be disclosed separately for purposes of note disclosures, allowing users to make informed decisions about these and to evaluate accountability.
AICPA releases quality management practice aid
The practice aid and supporting materials will help small- and medium-size firms and sole practitioners develop a QM system that aligns with a new set of QM standards.
OPR publishes letter to request tax information in case files
CPAs and other individuals who practice before the IRS can use the letter as a standard form for requesting tax information that was obtained as part of an inquiry into Circular 230 violations.
Unanswered calls, backlog of mail: IRS plan for government shutdown
The contingency plan calls for furloughs of two-thirds of IRS staff, which Treasury said will result in “significant harmful impacts" on taxpayers.
FinCEN proposes BOI reports deadline extension for certain companies
Companies registered or created in 2024 would get an extended deadline to file beneficial ownership information reports, while other companies would not, under proposed rules.
This week in tax: PwC Australia ‘failed to take ATO seriously’
PwC publishes detailed accounts of its behaviour in the tax scandal in Australia, while another tax trial looms for pop star Shakira.
ITR EMEA Tax Awards 2023: winners announced
The winners of the ITR Europe, Middle East, and Africa Tax Awards 2023 have been announced!
ITR APAC Tax Awards 2023: winners announced
The winners of the ITR Asia-Pacific Tax Awards 2023 have been announced!
Portuguese Banking Sector Surcharge – the end of an era?
Maria do Carmo Leitmann of Morais Leitão discusses the controversial and discriminatory implications of Portugal’s Banking Sector Surcharge on foreign credit institutions’ branches.
Italy offers lenders opt-out on windfall tax
The controversial measure is being watered down after criticism from the European Central Bank.
Deloitte – EMEA regional indirect tax interview (ii)
Interview with Hadeel Biyari, partner, Deloitte and Touche & Co. – Chartered Accountants
Deloitte – LATAM regional indirect tax interview (i)
Interview with Monique Teixeira Lourenço de Almeida, partner, Indirect Tax, Deloitte Brazil
Deloitte – EMEA regional indirect tax interview (i)
Interview with Lilian Kubebea, Africa Tax & Legal partner and Indirect Tax (Kenya) leader, Deloitte Africa
Deloitte – Americas regional indirect tax interview (i)
Interview with Tamara Rozansky, partner, Tax & Legal, Deloitte Canada
ITR EMEA Tax Awards 2023: winners announced
The winners of the ITR Europe, Middle East, and Africa Tax Awards 2023 have been announced!
This week in tax: PwC Australia ‘failed to take ATO seriously’
PwC publishes detailed accounts of its behaviour in the tax scandal in Australia, while another tax trial looms for pop star Shakira.
Egypt issues further guidance on the application of TP rules
Senior figures from Saleh, Barsoum & Abdel Aziz – Grant Thornton Egypt comment on the explanatory guide issued by the Egyptian Tax Authority regarding the application of TP rules in the country.
ITR EMEA Tax Awards 2023: winners announced
The winners of the ITR Europe, Middle East, and Africa Tax Awards 2023 have been announced!
ITR APAC Tax Awards 2023: winners announced
The winners of the ITR Asia-Pacific Tax Awards 2023 have been announced!
EU Commission expert gives optimistic outlook for TP Directive
Mauro Faggion appeared cautiously optimistic as the European Commission waits to see whether all 27 member states will accept its proposal.
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