Trending...
- Noted storyteller and technologist Angelica McKinley joins the board of NMHA
- EJF Capital and Chartwell Residential Close on $67 Million Construction Loan for Multifamily Development in Nashville, TN
- InfinityQS Introduces Dedicated Proficient™ on Demand in Private-cloud Environment
ARLINGTON, Va., Jan. 12, 2022 /PRNewswire/ -- Bloomberg Tax today announced enhancements to its Bloomberg Tax Provision solution. For more information and to schedule a demo, visit http://onb-tax.com/ey0c50HsOmE.
Bloomberg Tax acquired Tax Prodigy Provision, now Bloomberg Tax Provision, in 2021. The software allows tax professionals to accurately forecast and calculate their tax provision, managing risk and reducing time spent on this process by providing a streamlined, controlled environment that leverages a balance sheet approach to comply with U.S. Generally Accepted Accounting Principles (GAAP).
Bloomberg Tax Provision leverages a simple and self-explanatory layout, created by practitioners with extensive provision experience, and allows users to seamlessly upload spreadsheet workpaper data. The software easily addresses the entire range of complex technical topics — including unrecognized tax benefits (UTBs), quarterly annual effective tax rate (AETR) calculations, and income tax payable.
The newest enhancements to Bloomberg Tax Provision include an automation for full valuation allowance and an easy to upload template for performing a payable true up report. Additionally, users can now define an "issue" within their tax provision such as an IRS audit, an amended return, or an error correction, and easily track all the elements of the provision that are impacted by the issue including the impact on the rate reconciliation.
More on virginir.com
"Bloomberg Tax Provision is the most comprehensive technical ASC 740 calculation engine on the market," said Lisa Fitzpatrick, president, Bloomberg Tax. "The most recent enhancements make it even easier for tax professionals to save time and increase efficiency while maintaining control over all aspects of the provision process."
Bloomberg Tax's suite of innovative solutions solve corporate tax and accounting problems with expertise from leading tax and accounting practitioners. Like Bloomberg Tax Provision, products such as Bloomberg Tax Research, Bloomberg Tax Fixed Assets, and Bloomberg Tax Corporate Tax Analyzer allow users to simplify processes and perform complex multi-scenario calculations.
About Bloomberg Tax
Bloomberg Tax provides practitioner-driven research and technology solutions that deliver timely, strategic insights to enable smarter decisions. From our unparalleled Tax Management Portfolios to technology designed to streamline the most complex planning and compliance scenarios, we deliver essential news and analysis, practical perspectives, and software that help tax and accounting professionals around the globe mitigate risk and maximize business results. For more information, visit Bloomberg Tax.
SOURCE Bloomberg Tax
Bloomberg Tax acquired Tax Prodigy Provision, now Bloomberg Tax Provision, in 2021. The software allows tax professionals to accurately forecast and calculate their tax provision, managing risk and reducing time spent on this process by providing a streamlined, controlled environment that leverages a balance sheet approach to comply with U.S. Generally Accepted Accounting Principles (GAAP).
Bloomberg Tax Provision leverages a simple and self-explanatory layout, created by practitioners with extensive provision experience, and allows users to seamlessly upload spreadsheet workpaper data. The software easily addresses the entire range of complex technical topics — including unrecognized tax benefits (UTBs), quarterly annual effective tax rate (AETR) calculations, and income tax payable.
The newest enhancements to Bloomberg Tax Provision include an automation for full valuation allowance and an easy to upload template for performing a payable true up report. Additionally, users can now define an "issue" within their tax provision such as an IRS audit, an amended return, or an error correction, and easily track all the elements of the provision that are impacted by the issue including the impact on the rate reconciliation.
More on virginir.com
- Industrial and systems engineers honored at international conference
- The Mid-State Group Offers At-Home Virtual PT For Injured Workers
- 54% OFF! Graduation Season Wigs Surprise Sale!!
- Insurance Website Leader, Forge3, Ltd., Releases All-New Platform Interface, ActiveAgency Dashboard
- House Buyers of America Reports a Nearly 30% Revenue Growth for Q1 2022
"Bloomberg Tax Provision is the most comprehensive technical ASC 740 calculation engine on the market," said Lisa Fitzpatrick, president, Bloomberg Tax. "The most recent enhancements make it even easier for tax professionals to save time and increase efficiency while maintaining control over all aspects of the provision process."
Bloomberg Tax's suite of innovative solutions solve corporate tax and accounting problems with expertise from leading tax and accounting practitioners. Like Bloomberg Tax Provision, products such as Bloomberg Tax Research, Bloomberg Tax Fixed Assets, and Bloomberg Tax Corporate Tax Analyzer allow users to simplify processes and perform complex multi-scenario calculations.
About Bloomberg Tax
Bloomberg Tax provides practitioner-driven research and technology solutions that deliver timely, strategic insights to enable smarter decisions. From our unparalleled Tax Management Portfolios to technology designed to streamline the most complex planning and compliance scenarios, we deliver essential news and analysis, practical perspectives, and software that help tax and accounting professionals around the globe mitigate risk and maximize business results. For more information, visit Bloomberg Tax.
SOURCE Bloomberg Tax
Filed Under: Business
0 Comments
Latest on virginir.com
- Tech Employment Remains Flat as Demand Continues to Outstrip Supply
- ASGN Incorporated Announces Upcoming June Conference Participation
- Enquizit Inc Awarded 8(a) STARS III GWAC contract
- Volatus Group Beyond Visual Line of Site waiver approved for Censys Sentaero UAS Operations and Training at the Pendleton UAS Range
- greymatter.io Graduates from MissionLink's Spring 2022 Cohort; Joins Esteemed Alumni Network
- Average American Spends $78 On Jewelry Annually, Finds New CWC Jewelry Market Study
- Spire Global Awarded TCOM Subcontract for Weather Forecasts at Aerostat Sites
- Sunrooms Dealer Great Falls, Sleepy Creek, Shares Why Adding a Sunroom is a Smart Lifestyle Change
- Do You Have Any Experience With Play-To-Earn Games/NFTs?
- Welcome AWATFIT The Fitness Truck to Fort Lauderdale
- Curbio Expands into Richmond, VA with Fix Now, Pay Later Home Improvement Solution
- Genworth Financial Announces Results of Annual Meeting
- Cornerstone and Swiftlane Announce Strategic Technology Initiative to Create Safer Rental Communities in Denver
- Rear Admiral Doug Perry from Office of the Chief of Naval Operations to speak at Unmanned Maritim
- TOKYO SKYTREE Celebrates Its 10th anniversary! Let's Pay Homage to this Japanese Landmark and World's Tallest Freestanding Broadcast Tower
- EJF Capital and Chartwell Residential Close on $67 Million Construction Loan for Multifamily Development in Nashville, TN
- ASA to Host Specialized Fair Value Conference
- ASA to Host Specialized ESOP Valuation Virtual Conference
- The world's most anticipated blockchain game "Rise of Elves", is going to launch its Closed Beta in May!
- Noted storyteller and technologist Angelica McKinley joins the board of NMHA