Data & Document Management - Recent Threads

From manual to intelligent

Nageshwaran Gopal — Mon, 27 Apr 2026 13:16:49 GMT

As regulatory volatility, tariff changes, and global trade complexity accelerate, HS classification has become a strategic determinant of supply chain resilience, cost control, and compliance — no longer a back-office task.

This white paper explores how manual classification models break down under scale, inconsistent product data, and constant regulatory change, creating compounding risk across finance, procurement, and operations. It shows how AI-powered classification supports trade teams by combining unified product data, confidence scored HS code suggestions, embedded research, continuous learning, and audit-ready documentation — while keeping human experts firmly in control.

What you’ll learn:

How manual classification models create compounding risk at scale
Why HS classification has become a control point for cost, compliance, and speed
How AI-enabled classification works in practice
What measurable improvements organizations can expect in speed, consistency, and audit readiness

To dig deeper, visit the original article on the Thomson Reuters blog.

From paper trails to digital defense: Building an AS 2310 compliant audit confirmation workflow

Nageshwaran Gopal — Mon, 20 Apr 2026 15:06:45 GMT

Highlights

PCAOB AS 2310 is reshaping audit confirmation workflows, demanding stronger authentication, documentation, and compliance controls.
Structured electronic confirmation processes reduce audit risk, improve efficiency, and provide competitive advantages for audit firms.
The three-pillar framework—authentication, documentation, and compliance—offers a roadmap for building audit-proof confirmation workflows.

To dig deeper, visit the original article on the Thomson Reuters blog.

Disclosures Show US Corporations Cut Tax Bills by Billions Last Year Using ‘Tax Havens,’ Says Group

Nageshwaran Gopal — Mon, 30 Mar 2026 14:45:47 GMT

New Transparency Rules Reveal Tax Haven Use

FASB’s Accounting Standards Update 2023-09 requires publicly traded companies to break out the impact of specific tax credits, U.S. and foreign tax policies, and the effect of individual jurisdictions on their total tax expense. These disclosures, which FACT says tax experts and investors long advocated for, are designed to clarify how companies’ global tax strategies impact their effective tax rates.

The new disclosures “have proven to be as useful as we were hoping,” Georges told Checkpoint. They’ve been helpful “both in terms of what they’re able to tell us about general trends in international corporate tax, but also in terms of … provid[ing] maximum benefit to investors.” Georges noted he’s spoken to investors who are finding the disclosures “very, very useful.”

FACT’s analysis found that tax-haven savings was concentrated among pharmaceutical and biotech companies. Ten companies – AbbVie, Biogen, Bristol Myers Squibb, Eli Lilly, Gilead, Johnson & Johnson, Merck, Pfizer, Regeneron, and Thermo Fisher Scientific – reported particularly high savings from tax havens, according to FACT.

To dig deeper, visit the original article on the Thomson Reuters blog.

Traditional vs. touchless: A comparison of sales and use tax compliance workflows

Nageshwaran Gopal — Tue, 17 Mar 2026 10:53:51 GMT

Highlights

Compare manual and touchless automated sales and use tax compliance workflows across data processing, validation, and filing stages.
Discover how ONESOURCE Sales & Use Tax AI streamlines compliance, reduces risk, and saves significant time for tax teams.
Explore real-world efficiency gains, risk reduction, and quality improvements enabled by automation in indirect tax workflows.

To dig deeper, visit the original article on the Thomson Reuters blog.

Global Minimum Tax (GMT) and the data management dilemma

Nageshwaran Gopal — Tue, 03 Mar 2026 14:18:56 GMT

Highlights

GMT compliance demands sophisticated data management across 10,000 multinational companies worldwide.
58% of tax departments are under-resourced while facing expanded data collection requirements.
Integrated technology ecosystems and centralized data warehouses streamline GMT compliance workflows.

To dig deeper, visit the original article on the Thomson Reuters blog.

IRS-ICE Data Sharing Error Admission Sparks Congressional, Legal Backlash

Neil Vicente — Mon, 23 Feb 2026 11:47:39 GMT

Congressional committees are demanding investigations into the IRS’ disclosure of immigrant taxpayer data to U.S. Immigration and Customs Enforcement (ICE) after an official made a declaration to federal court contradicting prior statements, escalating an ongoing legal battle over the disclosures.

IRS Official Admits Flawed Data-Sharing

The latest scrutiny stems from a February 11 declaration by IRS Chief Risk and Control Officer Dottie Romo, filed in the U.S. District Court for the District of Columbia. In the filing, Romo stated that a recent review found the IRS may have supplied ICE with taxpayer addresses based on “incomplete or insufficiently populated” address information provided by ICE.

To dig deeper, visit the original article on the Thomson Reuters blog.

The critical role of ESG and AI-assisted due diligence in building a sustainable supply chain

Nageshwaran Gopal — Mon, 16 Feb 2026 15:00:59 GMT

We’re navigating what many consider the most complex trade environment in decades. The convergence of tariff volatility, regulatory shifts, and supply chain disruptions isn’t just creating operational headaches — it’s fundamentally reshaping how we approach global business strategy.

Two important areas have become central to improving business operations: supply chain due diligence and environmental, social, and governance (ESG) integration. These aren’t separate initiatives competing for resources — they’re interconnected capabilities that, when properly aligned with intelligent technology, create competitive advantage in an uncertain world.

To dig deeper, visit the original article on the Thomson Reuters blog.

Expert Unpacks What’s Next After Sirius Solutions Decision

Nageshwaran Gopal — Mon, 02 Feb 2026 14:38:22 GMT

Fifth Circuit Overturns Tax Court

On January 16, the 5th Circuit issued a long-awaited decision in Sirius Solutions, L.L.L.P. v. Commissioner (2026 WL 125600, 1/16/2026). The decision overturns the Tax Court and rejects the IRS’ test for determining whether a partner is a “limited partner” for purposes of the exception to self-employment tax under IRC § 1402(a)(13).

The IRS had advanced a functional analysis test that required looking at a partner’s level of participation in the business to determine whether they were a “limited partner.” The agency contended that the § 1402(a)(13) exception only applied where partners are passive investors, regardless of their official designation under state law. The Tax Court, following its own precedent in Soroban Capital Partners LP v. Commissioner (161 T.C. 310 (2023)), sided with the IRS.

To dig deeper, visit the original article on the Thomson Reuters blog.

How some LLMs are risking your reputation

Nageshwaran Gopal — Mon, 19 Jan 2026 13:43:12 GMT

That free AI tool might be your most expensive mistake yet — here's why generic LLMs are a liability for tax professionals

Highlights

Generic AI tools pose significant risks for tax professionals due to inaccuracies, outdated data, and lack of contextual understanding.
Professional-grade AI solutions are built on authoritative, current sources and designed for the unique demands of tax and accounting work.
Firms can reduce AI risk by vetting tools carefully and establishing clear protocols for responsible adoption and verification.

To dig deeper, visit the original article on the Thomson Reuters blog.

Child Tax Credit: FAQ

Nageshwaran Gopal — Mon, 19 Jan 2026 13:39:27 GMT

Learn the qualifications for claiming this credit in 2026.

The Child Tax Credit (CTC) is a tax benefit provided by the U.S. federal government to help families with the cost of raising children. It is designed to provide financial assistance to eligible parents or guardians, ultimately reducing their federal income tax liability.

As an effective tool in providing financial support to American families, the Child Tax Credit is often seen as a lifeline for parents. By reducing overall tax liability, it can offer substantial tax relief.

To dig deeper, visit the original article on the Thomson Reuters blog.

E-signed 1040 engagement letters posting to GFR

Aaron Johnson — Tue, 06 Jan 2026 22:11:13 GMT

We have an issue with accepting e-signed 1040 engagement letters and posting them to GFR. Is there a way to do them in mass rather than having to accept each one individually? Sent out our portal organizers the other day and now getting swamped with acceptances. In FCS we could just post them all to the client "drawer" all at once. GFR not so easy

Any suggestions?

thanks

Kask & Company CPAs

Trying to Export Client Data from UltraTax — Any Tips?

apolicicchio — Fri, 14 Nov 2025 22:28:23 GMT

Hey everyone — I’m helping out a local CPA firm that uses UltraTax, and I’ve run into a data challenge.

I’d love to export all client organizers/checklists for each client. Ideally, I’m looking for a data file that includes:

Client name
Email
Phone number
Every document or item they submitted last year (for example: “W-2 from Home Depot,” “1099 from Chase,” etc.)

If that kind of structured export isn’t possible, then my backup plan is to export all client organizers as PDFs — but ideally for all clients at once, not one by one.

If anyone has done this before or knows a good workflow, I’d really appreciate any pointers.

Overcoming the top 5 indirect tax data challenges

Neil Vicente — Mon, 20 Oct 2025 12:58:57 GMT

What are the most common data, analytics, and reporting challenges sales and use tax, VAT, and GST professionals face? Continue reading for tips and strategies to address five key challenges related to indirect tax data.

Managing indirect tax data comes with many challenges, and one of the most vexing is reporting. Tracking and reporting on sales and use tax, value-added tax (VAT), and goods and services tax (GST) can be time-consuming, error-prone, and frustrating.

But it doesn’t have to be that way. Efficient indirect tax software can remove data silos, generate reports quickly in a variety of formats, and harness your most valuable asset — your tax data. When you can extract, manipulate, analyze, and report indirect tax data in exactly the way you need it, you can overcome the biggest hurdles in indirect tax reporting.

To dig deeper, visit the original article on the Thomson Reuters blog.

Civil Rights Orgs Confident Ahead of Arguments in IRS-ICE Data Sharing Case

Neil Vicente — Mon, 13 Oct 2025 11:22:42 GMT

The U.S. Court of Appeals for the D.C. Circuit was scheduled to hear arguments Friday in a case concerning the extent of IRS’ authority to share taxpayer address data with immigration authorities. Leading up to the hearing, the plaintiff civil rights and advocacy organizations spoke to reporters to emphasize what is at stake for immigrant taxpayers. (Centro de Trabajadores Unidos v. Bessent, No. 25-5181)

Background

The plaintiffs, Centro de Trabajadores Unidos (CTU) and Immigrant Solidarity DuPage (ISD), are Illinois-based immigration and civil rights advocacy organizations. The litigation focuses on whether the IRS’ agreement to provide Immigration and Customs Enforcement (ICE) with taxpayer addresses, under a memorandum of understanding (MOU), is consistent with IRC § 6103.

To dig deeper, visit the original article on the Thomson Reuters blog.

IRS Has No Tax Data Sharing ‘Policy,’ Government Tells Court

Neil Vicente — Mon, 08 Sep 2025 13:39:40 GMT

A federal judge should deny a motion to block the IRS from providing outside agencies with identifying tax information about individuals targeted for immigration enforcement, the government said, arguing its arrangement with the Department of Homeland Security is in line with statutory privacy protections.

On August 28, the government filed an opposition to a motion by the Center for Taxpayer Rights and several labor unions, which are seeking to halt the IRS’ cooperation with the Immigration and Customs Enforcement (ICE) under a Memorandum of Understanding (MOU) signed in April.

To dig deeper, visit the original article on the Thomson Reuters blog.

Orgs Ask Judge to Block IRS-ICE Data Sharing Policy

Neil Vicente — Mon, 01 Sep 2025 14:06:40 GMT

An organization led by the previous National Taxpayer Advocate and other groups are seeking either a stay or preliminary injunction against an agreement between the IRS and Immigration and Customs Enforcement (ICE), telling a federal judge that the Trump administration cannot misuse protected taxpayer information for its “mass deportation” plans.

Data Sharing

The Center for Taxpayer Rights, headed by former National Taxpayer Advocate Nina Olson, and a group of labor unions filed a motion and supporting arguments in the U.S. District Court for the District of Columbia August 20 asking Judge Colleen Kollar-Kotelly to block the “Data Policy” enabling the IRS – and the Department of Government Efficiency – to supply tax records protected under IRC § 6103 to immigration enforcement officials.

To dig deeper, visit the original article on the Thomson Reuters blog.

SAP X TAX ONE

renata.castellari — Fri, 18 Jul 2025 12:44:13 GMT

Estou com dificuldades para importar os lançamentos de fretes no SPED F100 (PIS/COFINS) no TaxOne, pois o SAP não está exportando esses dados automaticamente. Seguem os detalhes:

O Problema

Necessidade de importar dados manuais de fretes de vários meses (ex: jan/2025 a mai/2025).

Onde exatamente fica a opção de importação no TaxOne? Como vejo o layout do arquivo? Tem algum modelo em excel ou txt?

Data Operação

Valor da operação

Base PIS:

Base COFINS:

Alíquota PIS:

Alíquota COFINS:

PIS

COFINS

filial

Pessoa Fís/Jur (Gr./Ind./Cód./Val.):

Tipo de Documento (Gr./Ind./Cód./Val.):

Código Sit PIS:

Código Sit COFINS:

TIPO DO DOCUMENTO

14/01/2025

36,80

1,65%

7,60%

0,61

2,80

01/1/13010388

01/ekz/pagamento fornecedor

EKZ

Why effective tax data management is non-negotiable

Neil Vicente — Mon, 19 May 2025 12:02:10 GMT

The corporate tax landscape is evolving at an unprecedented pace. Navigating intricate regulations, keeping up with technological advancements, and bridging a persistent talent gap are daily realities for direct tax professionals. In this dynamic environment, clinging to outdated methods isn’t just inefficient; it’s a significant risk. As highlighted in a recent Thomson Reuters white paper on tax data management, the need for transformation is urgent. Moving towards more efficient, flexible, and strategic tax operations isn’t just about compliance—it’s about gaining a competitive edge.

To dig deeper, visit the original article on the Thomson Reuters blog.

Expert insights on payroll data security and tax scams in 2025

Neil Vicente — Fri, 28 Mar 2025 14:33:59 GMT

Businesses continue to face serious cyber threats that target payroll and tax information. As scams become more common, it is important for companies to protect sensitive data and stay compliant with regulations to better secure their payroll processes and reduce risks.

Cliff Steinhauer, Director of Information Security and Engagement at The National Cybersecurity Alliance (NCA), recently highlighted the importance of recognizing common payroll-related tax scams, understanding the evolution of data security threats, and leveraging advanced technology to safeguard payroll data.

To dig deeper, visit the original article on the Thomson Reuters blog.

Judge Blocks DOGE From Treasury Records

Neil Vicente — Fri, 28 Mar 2025 14:32:10 GMT

The Treasury Department, Office of Personnel Management (OPM), and the Department of Education are enjoined from disclosing personal identifying information (PII) with Department of Government Efficiency (DOGE) affiliates, a federal judge ordered.

In American Federation of Teachers v. Bessent (2025 WL 582063), U.S. District Court for the District of Maryland Judge Deborah Boardman issued a memorandum opinion and an accompanying order March 24 granting a motion for preliminary injunction filed by a group of national labor unions, nonprofit organizations, and individuals.

To dig deeper, visit the original article on the Thomson Reuters blog.

E-invoicing compliance: A world of complex challenges for global organizations

Nageshwaran Gopal — Thu, 02 Jan 2025 18:30:44 GMT

Are you struggling to keep up with the ever-changing landscape of e-invoicing regulations and mandates? As a global indirect tax (IDT) team, you're no stranger to the complexities of ensuring tax liabilities are paid accurately and on time while reporting to tax authorities according to their specific rules and regulations.

Stay ahead of the compliance curve
Learn more with our white paper

To dig deeper, visit the original article on the Thomson Reuters blog.

DOL Begins Collecting Information for Retirement Savings Lost and Found Database

Nageshwaran Gopal — Thu, 26 Dec 2024 18:11:46 GMT

The DOL has announced that it is collecting information from retirement plan administrators to populate the Retirement Savings Lost and Found online searchable database required by ERISA § 523 (added by the SECURE 2.0 Act). The database, which is intended to help missing participants and their beneficiaries find unpaid retirement benefits, is expected to be available to the public by December 29, 2024 (the statutorily required date). While providing the information is voluntary, the DOL explains that it needs plan administrators, recordkeepers, and other service providers to work together to populate the database, asking plan administrators to submit information (or authorize their service providers to do so), and to promote the database, as soon as possible.

To dig deeper, visit the original article on the Thomson Reuters blog.