Tax Technology Corner

Tax Data Takes Center Stage

As TEI members know all too well, when it comes to tax data, we may be at a tipping point. To find out more about where we’re really at when it comes to tax data, Michael Levin-Epstein, senior editor of Tax Executive, interviewed one of the most knowledgeable tax professionals… Read more »

AI, ETL Tools Offer Promising Possibilities

Artificial intelligence (AI) and extract, transfer, and load (ETL) tools are transforming what many TEI members do every day. We wanted to find out how these dynamic technologies will impact the tax industry. In May, Michael Levin-Epstein, Tax Executive’s senior editor, interviewed Nick Panko, vice president at CFO Services. Michael… Read more »

Ethics and Privilege in the Tax Kingdom
Yes, there is a difference between attorneys and CPAs when it comes to privilege

Ethics and privilege play key roles in tax, and technology can be a factor to consider, too. To wade into this quagmire, Tax Executive’s senior editor, Michael Levin-Epstein, sat down (virtually) with a recognized expert in the field, Dan Ermel, a partner at RSM US LLP. Michael Levin-Epstein: Is there… Read more »

Dealing With New Schedules K-2 and K-3

On April 30, 2021, the Internal Revenue Service released early drafts of the new Schedules K-2 and K-3 for Forms 1065, 1120-S, and 8865 for tax year 2021. Why did the IRS feel the need to release these new forms, and what do they mean for taxpayers and preparers? To… Read more »

The Burgeoning Importance of E-Invoicing

Although the United States has not yet officially adopted e-invoicing, many countries in Europe, Latin America, and Asia have embraced it. To find out what’s happening, in August Michael Levin-Epstein, Tax Executive’s senior editor, interviewed Alex Baulf, senior director, global indirect tax, at Avalara. Michael Levin-Epstein: E-invoicing as it relates… Read more »

The Importance of Predictive Analytics

For all the time and effort we spend predicting the future in our personal and professional lives, doing so is becoming a significant focus for many tax departments in business and government. In this installment of Tax Technology Corner, we try to get a better handle on the direction and… Read more »

Use Right Tools and Collaboration to Manage BEPS 2.0

On July 1, 2021, we witnessed history as more than 130 countries approved a framework to reform international tax rules. It was agreed that the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) would take a two-pillar approach, with adoption planned for 2023. Pillar One aligns taxing rights… Read more »

Navigating the Automation Journey on a Budget

All tax departments either have begun or should be beginning the exciting and game-changing journey to automate their operations. But what does this really mean, from a practical budgetary perspective and from a mission-driven one? To find out, we interviewed two professionals in this arena, Mindy McGlaughlin, CPA and director… Read more »

Transactional Tax Issues Take Center Stage

Let’s face it. Transaction taxes are more important than ever before. In this column, we explore this issue and its impact on technology with Michael Bernard, vice president of tax content strategy and operations and chief tax officer at Vertex, and Sal Visca, chief technology officer at Vertex. Michael Levin-Epstein,… Read more »

Flexibility in Tax Compliance

In tax compliance, a certain amount of rigidity is expected. But in tax technology, the buzzword today just may be flexibility. In this Tax Technology Corner, Tax Executive senior editor Michael Levin-Epstein interviewed two product leads at Bloomberg Tax and Accounting—Nick Frank and Adam Schrom—to find out why flexibility in… Read more »