Using Tax Automation to Manage Sudden Tax Law Changes
When 2020 began, nobody was expecting significant tax law changes. However, the passage of the CARES Act in response to Covid-19 was a not so subtle reminder that tax & accounting systems should be prepared for anything, yet many of them are not. Systems need to be able to handle changes both retroactively & prospectively, without the manual workarounds that bring about financial controls risk. Join Bloomberg Tax & Accounting to learn how these challenges can be effectively managed with the right tools & systems in place.