Tax & Accounting

Time to think about ACA Compliance and your ONESOURCE solution

Bill thinks he has all year to work out his ACA Compliance solution, but it seems he may have come to that conclusion based on many false assumptions. Jill is worrying about ACA Compliance now and she may find that, with the right provider, there is no need to worry at all. Will you have an ACA Success Story ready for January 2016? Learn more about Affordable Care Act compliance with Thomson Reuters ONESOURCE.

President’s Fiscal Year 2016 Budget

REUTERS/John Pryke

The President’s 2016 Budget, which was released on February 2nd, focuses on a strategy to strengthen the middle class and help working families. A mixture of old and new provisions, it estimates that it achieves about $1.8 trillion in deficit reduction, primarily from reforms to health programs, the tax Code and immigration. Earlier this weekCheckpoint released a special report titled, President’s Fiscal Year 2016 Budget. Our special report discusses the individual and business tax provisions in the President’s Fiscal Year 2016 Budget in detail.

Download the special report

The most tax-friendly states for New Year’s resolutions

tax map

We recently released a list of popular New Year’s resolutions and their associated sales tax across the countryThe list shows that more states are now taxing previously exempt services. Michigan, Maryland, Massachusetts, California, Nevada, Rhode Island and South Carolina top the list of the most tax-friendly states for New Year’s resolutions, as they don’t levy any sales tax on groceries, e-books or gym memberships.

The above map further outlines the breakdown for taxes on these popular resolutions in each state. You can see the full list here and some highlights below:  (more…)

Creating ‘data chemistry’ – new patterns of innovation in the era of big data

Last month, Professor David Gann and Professor Yike Guo from Imperial College London presented to an audience at Thomson Reuters London South Colonnade office on “New patterns of innovation in the era of big data,” hosted by James Powell. The talk was part of our Data Innovation Lab’s TechVision series. 

The growth in collection of data, and our ability to use it, is creating new opportunities for growth and we are seeing new patterns in the way innovation occurs as a result.

These patterns, set out in Prof David Gann’s recent paper in the Harvard Business Review (registration required for free view of the article), cover five broad trends: (more…)

JaeSon Kim discusses career opportunities in Asia

JaeSon Kim, Vice President, Asia Pacific – Tax & Accounting discusses his career at Thomson Reuters & explains why our company is a great place to work.

To learn more about working at Thomson Reuters, visit our career site or view all current opportunities in Asia.

The Taxologists of Tomorrow program

In the 21st Century global economy, technology plays a major role in driving efficiencies and managing business. As it continues to evolve, so does the role and functionality of professionals everywhere. Taxologists of Tomorrow is a unique program that leverages technology to provide students with an educationally enriching career exploration experience. Students will learn how technology removes workplace boundaries and allows businesses to compete and expand quickly and efficiently. At the end of the experience, students will be armed with practical information and skills to make informed career choices and create a vision for their future.

Learn more about the program and our partnership with Junior Achievement here.

A Taxologist: SYNERGY 2014 opening video

What sets a Taxologist apart? The value they bring to every part of a company – and their dashing good looks! Watch the SYNERGY 2014 opening video and meet a new breed of tax professional.

Learn more about Taxologists.

Meet the Taxologist: Tom Weippert from Ingersoll Rand

“I speak three languages and march into uncharted territory,” says Tax Technology Manager Tom Weippert at Ingersoll Rand. He is a Taxologist.

Meet the Taxologist: Sam Cicogna, VP of Professional Services

“I think globally. I empower future Taxologists,” says VP of Professional Services Sam Cicogna. Watch this video to glean insight into the benefits of adapting Taxologist behavior.

For more information, click here.

Meet the Taxologist

Taxologists are on the rise! The “Meet the Taxologist” series provides an inside look into how your tax peers have taken the next step with Thomson Reuters ONESOURCE. Watch this and other “Meet the Taxologist” videos to hear their insight on what it means to be a Taxologist – and how you can become one, too.

For more details, click here.