Diversifying the Tax Collection Arsenal


“We cannot audit our way to full compliance. … We need to supplement our efforts with new tools, such as more information reporting, soft notices and self-correction options for taxpayers.”

—IRS Commissioner Doug Shulman, July 18

Source:The IRS, www.irs.com.

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2019 State of Financial Reporting Survey

We surveyed nearly 600 finance and accounting professionals on their month-end close and reporting processes. See the results.

VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.