This summer, Thomson Reuters released its Future of Professionals Report 2025, which “highlights a new divide among organizations: Those that adopt an AI strategy and those that do not,” says Steve Hasker, president and CEO of Thomson Reuters, in the report’s foreword. The report shows that organizations with clear AI… Read more »
As artificial intelligence continues its scorching rise, in-house tax professionals are turning to it more frequently to gain workflow efficiencies. One particular area in which AI can do just that is tax law research—if done with human oversight. Using AI for research requires careful attention to detail and knowledge about…
Decades of underfunding and hiring freezes have thoroughly depleted the operations of the Internal Revenue Service, adversely impacting virtually every internal and external function. Recent and forthcoming reductions to the IRS have so severely hampered its ability to enforce tax laws to the point that the IRS and taxpayers must…
Authors’ note. This article was prepared on April 22, updated on July 15, and is accurate as of that date. Please refer to legal counsel for up-to-date information on the status of the trade and tariff measures between Canada and the United States. Since his inauguration in January, US President…
My presidency came at a pivotal time for TEI and the greater tax community on the international stage. I’ve made it my mission to advance our profession, hoping to make a significant difference now and to plant the seeds for my successors to build the TEI brand for the next… Read more »
It’s no secret that the annual income tax provision is the tax department’s most challenging calculation. It represents every dollar a company spends and earns over a year—and the toll that tax takes on all of it. The endless stream of computations, formulas, balances, spreadsheets, and headaches culminates in the… Read more »
Susan Curley has had four decades of experience navigating the tax waters. Her advice for others: “Trust yourself, reboot if necessary, and forge ahead.” Now the international tax director at Ingram Industries for nearly twenty years, Curley reflects on her professional journey and her involvement with TEI and offers a… Read more »
Signed into law on July 4 by President Donald Trump, the One Big Beautiful Bill Act (OBBBA) is a critical piece of US tax legislation, serving as a de facto extension of the Tax Cuts and Jobs Act of 2017 (TCJA). Passed via budget reconciliation, the OBBBA locks in several… Read more »
On June 27, TEI submitted comments on the proposed instructions to Form 6765, Credit for Increasing Research Activities. TEI’s comments request guidance for taxpayers using statistical sampling and reiterate concerns previously expressed by TEI on draft Form 6765. The Tax Reform Task Force, chaired by Andreia Verissimo, in coordination with… Read more »
On June 18–20, TEI Regions 4 and 5 welcomed their members to their inaugural joint conference in Huron, Ohio, near world-famous Cedar Point amusement park. Twenty-three sponsors participated in sixteen different continuing professional education sessions covering a broad range of pertinent tax topics. The event also included a ten-team golf…
