KPMG US Tax

This week Vivian Wang and I were down at #KPMGLakehouse, the firm’s learning and innovation center, where we spoke to attendees participating in this year’s ‘Explore Tax’ program. We talked about what it means to explore a career in tax, and shared some of our own experiences, as well as how we’ve grown our own dynamic careers. Thank you to all those who participated – it was a pleasure meeting each of you and I’m confident many of you will become the next generation of leaders. We’re looking forward to seeing how you continue to make your mark.  

Live from KPMG US New York Financial Services Tax Conference, David Neuenhaus shares insights about the actions FS leaders should take to prepare for the future. Learn more about ways KPMG can provide solutions for your organization: https://lnkd.in/ez8m4eQK

Legislation surrounding e-invoicing and Continuous Transaction Control continues to pose major reporting challenges for global businesses today – and these challenges are only expected to grow. That’s why KPMG US, collaborating with Pagero, part of Thomson Reuters, set out to provide an end-to-end solution for clients, to drive digital transformation in the space, mitigate risk, and ease some of the associated headaches. Learn more by watching the recent webcast here: https://lnkd.in/ef8ZKbFc

As we gear up for the KPMG Financial Services Tax Conference on July 17th, we want to hear from you. Vote below on what you think will be the biggest disruptor in financial services in the next two years 💡:

While the topic of tax was raised during the recent presidential debate, there were sparse details given outside of Biden’s reiteration for higher taxes on the wealthy and Trump’s continued bid to extend 2017 tax cuts, with a new round of tariffs also mentioned.     John Gimigliano, Principal-in-Charge, Federal Legislative & Regulatory Services, Washington National Tax at KPMG US notes that in the end, the conversation most importantly signaled the direction the coming tax fight is headed in.   Read more via MarketWatch: https://lnkd.in/evhWMvrY

According to the latest KPMG US AI & Digital Innovation Quarter Pulse Survey, 52% of leaders are measuring return on investment when it comes to gen AI technologies through revenue generation, followed by whether the technology has helped improve decision making and productivity. At KPMG US Tax we are determined to help our clients create value – both for their bottom line and for their workforce – using our gen AI tools and services. By unlocking the power of their tax data, together with gen AI, we can discover valuable insights that can transform the way they approach tax planning, compliance and operations – ultimately optimizing and growing any business in today’s world of uncertainty. Check out more of the findings: https://lnkd.in/eQbPEusp

Curious about the intersection of tax and sustainability? Brett Weaver, Tax leader for ESG at KPMG US sat down with Andromeda Wood on the #ESGTalk podcast from Workiva to explore how tax is a driver and measure of sustainability. From using green tax incentives to outlining the different approaches to tax policy in the US and Europe, listen for more insights: https://lnkd.in/eJP5Qxng

Keep up-to-date with our range of tax publications that cover everything from global to local tax matters. Explore our publications to gain valuable insights on a wide range of topics, including international tax planning, compensation and benefits, and indirect tax. Stay informed about the ever-changing tax landscape and make informed decisions. 🔗Click the link below to explore KPMG tax publications and gain valuable insights! 👇 https://lnkd.in/ebEGVv6X

In the latest Tax IRW Ops Quick Tips & Updates article, Cyrus Daftary and Martin Mueller, Jr. outline the reintroduced proposal to accelerate 1099 deadlines by two months. They also highlight the potential benefits outlined in the Green Book, such as enhanced fraud detection and taxpayer compliance.    Read more: https://lnkd.in/edP-4XbW 

KPMG US professionals, it’s time to disconnect. Relax, recharge and spend time with family and friends this summer shutdown. Out of office starts now ☀