Tag Archive for Best Corporate Tax Provision Software

Corporate Tax Provision: Want To Know What Financial Statement Auditors Have Increased Their Focus On?

Webinar, Corporate Tax Provision

(Complimentary Webinar – Friday, July 20th 2018 at 8:00AM PDT)

It is a privilege to have the opportunity to learn from one of the most knowledgeable corporate tax provision instructors in the country.  TaxConnections brings you another webinar on the corporate tax provision with Nick Frank, Tax Prodigy CEO as the instructor. 

With the enactment of the Tax Cuts And Jobs Act there are three areas that tax professionals need to prepare and focus on since there is increased focus from auditors. We know this because we are talking to companies who are informing us of these trends. Here are three areas Nick will prepare you for given the increased attention by the Auditors on them:

  1. Uncertain Tax Benefits – Expect more uncertain tax benefits arising from the uncertainty around the operation of the new law.
  2. States – States are going to be more significant and there will be more variation between states as they adopt different parts of the Tax Cuts And Jobs Act.
  3. SOX Controls – For most companies, the Tax Cuts And Jobs Act will cause the most significant changes in the process ever. Companies need to demonstrate that adequate controls are in place and that changes were made appropriately and accurately.

This complimentary webinar is specifically for corporate tax professionals or for tax professionals in CPA firms doing the tax provision as an outsourced provider. Attend this webinar and you  will more prepared than other professionals who will be scrambling to catch up later this year.

Register Here To Attend The Complimentary Webinar On Friday July 20th 2018

Time: 8:00AM PDT/9:00AM MT/10:00AM CT/11:00AM EST

If you are unable to make webinar this Friday, please register and we will keep you informed of future dates.

 

Written by | Posted in Corporate Tax Provision • Nick Frank • Tax Prodigy

Tax Executives Stunned To Learn About Their Corporate Tax Software…From Three Anonymous Consultants!

For those corporate tax leaders who attended the private conference call with I hosted with three anonymous tax technology consultants last week, I know you were as stunned as everyone on the call what was revealed. Three tax consultants in software implementation privately shared what is happening in corporate tax organizations today and costing companies millions.

While many corporate tax organizations are running lean, all too often companies are using tax software that has not been upgraded for some time. There are huge mistakes made every day utilizing complicated large enterprise tax software that has not been updated, implemented properly or that takes a degree in rocket science to figure out how to use it! There is exposure due to outdated corporate tax software.

Given that corporate tax executives are scrambling to stay updated on all the changes in the corporate tax laws, no one has had time to pay attention to what version tax software they may still be using to prepare the tax provision. Everyone agreed there is calamity coming in the third quarter for unprepared corporate tax organizations and the tax provision. You must be aware and start planning for the third quarter scramble corporate tax professionals are about to face in 2018. Everyone agreed on this matter.

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Written by | Posted in Best Corporate Tax Provision Software • TaxConnections