Technology

Best Practices in Tax Compliance Outsourcing
Start the journey with a well-designed RFP

Tax compliance isn’t for the faint of heart these days. Proper execution can directly affect cash flow, the defensibility of tax return positions, risk management, and ultimately the public’s perception of your company as a responsible taxpayer. In the face of these concerns, as well as ever-changing tax laws and… Read more »

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Bots, Natural Language Processing, and Machine Learning
Yes, these will impact your tax practice, but when and how much are still unclear

Tax professionals in all industries run into a common problem: the constant confrontation with rapidly changing technology that is camouflaged by overly complicated terminology, with few people explaining things in language that laypeople can understand. Such is the problem when you start a conversation on, say, robotic process automation or… Read more »

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Playbook for a Successful Tax Technology Solution
Key to success: Engage tax technology and IT resources early and ensure continued involvement

The business and tax environments are changing rapidly, significantly affecting how corporate tax functions leverage technology, engage with their information technology (IT) departments, and execute technology projects. To adapt to challenging times, tax needs to reevaluate how it exploits data and technology and reconsider the skill sets needed to transform… Read more »

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Reimagining the Future of Work
Talent-first strategy positions your people for unpredictable journeys

Recently, business media coverage has shifted from a heavy focus on the effectiveness of new technologies to a growing emphasis on the qualifications of the people who will use those tools most effectively. The lens has been recalibrated—away from which products, platforms, and algorithms make artificial intelligence (AI) and intelligent… Read more »

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TEI Roundtable No. 9: Technology Standards & the Tax Function
Hosting issues, cloud-based data aggregation, and cybersecurity protection — mixed in with corporate tax requirements — are among the key concerns.

As technology standards continue to change, so do their impact on the tax function and corporate tax professionals. Tax Executive convened a roundtable to discuss the burgeoning relationship among technology standards, tax requirements, and the changing dynamics of tax professionals. Kelly Necessary, senior director of tax at Time Warner Cable;… Read more »

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Forging Forward — But How Fast and in Which Direction?
Data rules the tax technology roost, elevating professionals who embrace its potential, but the “new normal” is not without its pitfalls

In the world of real estate, it’s all about location, location, and location. In the tax world, it is becoming all about data, data, and data. And whatever facet of tax technology you’re talking about—whether it’s hardware, software, Big Data, the cloud, data storage, or cybersecurity—the data are the key drivers.… Read more »

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