January 2015

No one particularly enjoys tax season, whether they’re mere individuals filing their financial paperwork for the year or CFOs at large corporations overseeing billion-dollar budgets.

No one particularly enjoys tax season, whether they’re individuals filing their financial paperwork for the year or CFOs at large corporations overseeing billion-dollar budgets. For all of the above, paying taxes can be painful – it’s expensive, it’s logistically messy and it requires having a great deal of information at your fingertips.

For a large enterprise, there’s no better time than tax season to revamp your approach to financial accounting and make sure you have a good handle on all tax-related matters. This can be quite the challenge, as it requires understanding all of your financials including your projected revenue and annual expenses. It’s also a matter of looking to the future and forecasting how your needs might change.

Continue reading Effective Tax Forecasting Requires Looking at the Big Picture

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