Successful filing of electronic tax returns, as well as meeting the accounting requirements of FIN 48, are the biggest challenges facing corporate tax professionals in 2007, according to an informal survey by Thomson Tax & Accounting.
Nearly one third of more than 700 tax professionals at a recent TTA user conference responded to a survey gauging their most pressing concerns. The majority said e-filing is their greatest challenge -- particularly with regard to international, federal and state returns as well as the handling of consolidated returns, partnerships and paperless processing.
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