Cloud Computing Arrangements The FASB has issued Accounting Standards Update (ASU) 2018-15, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract. The new ASU is designed to reduce complexity for accounting for costs of implementing a cloud computing service arrangement. This standard aligns […]
Racing to Meet the April 17th Tax Filing Deadline?
Wolters Kluwer Outlines Top Tips for Last-Minute Filers (NEW YORK, NY, April 5, 2018) – Every year, millions of taxpayers scramble to beat the clock at tax time. With the April 17th income tax filing deadline approaching, Wolters Kluwer Tax & Accounting provides some last-minute tips for taxpayers still looking to file. “Taxpayers have a […]
Re-inventing An Old Industry.
I can confidently say that in my history of working in different jobs, under different bosses, and within different organizations; every one of those organizations talked a good game about the desire to change for the better. Now, I am talking about “talk” here, and not “walk”. Walking the talk is an entirely different dynamic. […]
Corporate Tax Workflow Solutions: New Enhancements Realized
Wolters Kluwer Tax and Accounting’s Corporate Workflow Solutions has now included a series of enhancements to help companies get back to what matters most; grow, manage and protect their businesses efficiently. In both CCH Axcess™, the profession’s first cloud-based, modular Tax Management solution suite operating from a single, core database, and CCH® ProSystem fx®, its […]
Corporate Tax Trends: Take your seat in the Boardroom!
Our customers’ corporate tax departments are all about moving money around the world to lower their organization’s taxes. That is why they bring their tax department to the boardroom to discuss strategy. It’s hard to imagine how many dollars a corporation’s tax department has saved through high-value strategic work. The relevant questions for you to answer are: Where are […]