Bloomberg

The projected U.S. tax rates give tax professionals an early look at potential adjustments that could affect their 2027 tax planning for their clients.

Plus, Bloomberg Tax Provision gets beefed up ; support for FileCabinet CS to expire in 2027; and other updates.

Postponing tax integration leads to misaligned systems, expensive retrofitting projects, and a failure to optimize cash flow and reduce enterprise risk.

Bloomberg Tax & Accounting released its annual report projecting U.S. tax rate brackets, standard deduction and AMT exemption amounts for the year ahead.

Bloomberg Tax and Accounting launched an embedded solution to help users adhere to the FASB Accounting Standards Update that concerns income tax disclosures.

Bloomberg Tax and Accounting released two new generative AI-driven features to aid users in tax research.

Bloomberg Tax and Accounting announced a new strategic partner program with major tax prep software providers in order to expand the set of available tools for users.

Bloomberg Tax and Accounting has launched its Innovation Studio, which offers select customers access to solutions still in development, and its first offering is a new AI Assistant feature.

Plus, Bloomberg Tax and Accounting unveils new AI features; and other news from the accounting technology world.

Bloomberg Tax and Accounting released Bloomberg Tax Workpapers, which focuses on data, controls and calculations for tax preparation.

Inflation-adjusted amounts in the Tax Code are predicted to increase 5.4% in 2024, according to a new report from Bloomberg Tax.

Tax professionals are so busy, they barely have time to eat, and quick meals usually involve unhealthy fast food.

Plus, Intuit announces new commerce accounting capacities for QuickBooks; Avii offers new core and enhanced versions of Avii Workspace; and other updates from the accounting technology world.

The highest inflation rate in decades is likely to produce major increases on some tax items, according to predictions from Bloomberg Tax.

Plus SAP names a new CFO; and other news from the world of accounting technology.

The Chicago-based Top 10 Firm has been named as the first Certified Implementer for the Bloomberg Tax Provision and Bloomberg Tax Fixed Assets solutions.

The new solution allows for automated data importing in multiple formats from different sources for fixed asset transactions for both financial and tax accounting purposes.

Additional reasons for uncertainty in 2022 include surging inflation, interest rate increases, war in Europe, global minimum taxes and the continuing pandemic adding to worries.

Bloomberg Tax has added new features to the Tax Provision product it acquired last year from Tax Prodigy.

The high inflation amounts that households and businesses have been experiencing this year are likely to lead to larger increases in tax brackets and other inflation-adjusted tax items in 2022.