True Partners Insights

When looking at internal controls from a tax perspective, businesses tend to zero in on financial statement risk. And while that’s important, there’s really a lot more to it than that. In order to get a complete picture, there are three broad areas of risk that all companies should take into account. Inherent risk. This is risk that exists due to the nature of the company and its environment. It […]

Tax departments are faced with continually increasing complexity and ever-evolving challenges, yet only about 25-30% of mid to large-sized organizations have taken advantage of modern technologies to automate their tax processes. For many of these organizations, the status quo of Excel has simply prevailed. For others, it’s a lack of understanding of the true business case behind tax technologies. Often, tax technology is considered only after a deficiency has been […]

Politics and Congressional Activity The announcement by Supreme Court Justice Kennedy that he will retire from the Court as of July 31st will have a significant impact on the agenda for Congress this fall leading up the mid-term elections.  Senate Majority Leader McConnell (R-KY) has already indicated that the Senate will move quickly to consider the nominee from the White House resisting calls from Democrats to defer consideration of the […]