Income Tax Accounting
BDO helps businesses to develop a stronger income tax accounting function and ultimately, reducing their total tax liability.
Corporate tax departments face a constant stream of new and evolving demands, from ever-increasing regulatory and reporting requirements to the need for improved speed and total tax transparency.
How to meet this mandate? Tax departments must leverage technology — both existing and emerging — to accelerate data-driven insights, improve reporting and ensure regulatory compliance.
BDO works with companies to design and document processes, extract, transform and load source data, automate tax calculations and streamline tax reporting. Our Tax Automation & Innovation team brings real-world experience and extensive technical knowledge to help your tax department realize the benefits of innovation.
We provide a process and technology roadmap — paired with robust training and ongoing guidance — to help your team manage complexity and avoid adverse outcomes like noncompliance or missed tax benefits.
We work with clients to optimize the entire data-to-deliverable spectrum, from data sources all the way to final reports.
Gathered from source systems, such as ERP, general ledger, fixed assets, inventory, human resources, sales, purchases, data providers, data lakes, and databases.
Data modeling, robotic process automation, analytics process automation, master data management, reconciliation, and other technologies deployed based on business need.
Tax system implementation, configuration or optimization based on selected tax software, including tax provision, income tax, indirect tax, transfer pricing, fixed assets, and more.
Outputs from tax systems and databases, including financial reporting, tax returns, estimated payments, transfer pricing inputs, stat reports, data visualizations, dashboards, and analytics.
Transforming the tax function helps businesses recognize valuable time and cost-savings, make smarter decisions faster, and react and respond more quickly to new regulatory obligations and changing market forces. This is where BDO can help with a free Tax Process Assessment.
Join this five-part webcast series to explore technology applications across the tax function and gain real-world insight and best practices for implementing your next tax automation project.
Tune in to the podcast for insightful conversations with tax and technology leaders as they share their perspectives on reimagining the tax function to be more efficient, analytical, strategic and future-oriented.
We have strategic relationships with a growing ecosystem of technology vendors including:
Explore our most recent resources and thought leadership.
No Results Found
Talk to a tax automation & innovation professional. We will respond in 1-2 business days.
Thank you for contacting BDO. A representative will be in touch shortly.
National Tax Automation & Innovation Practice Leader
At BDO, you can do much more than fulfill your career ambitions — here, you can explore your full potential. That’s because we’re committed to helping our employees achieve on both personal and professional levels.