Thomson Tax & Accounting.

PositionTAX SOFTWARE - Insource WorkFlow Manager - Brief article

Thomson Tax & Accounting, a strategic business unit of The Thomson Corp. and a new strategic partner with FEI, has developed a solution to assist corporate tax professionals understand and comply with the Financial Accounting Standards Board's Interpretation No. 48--Accounting for Uncertainty in Income Taxes (FIN 48), an interpretation of FASB Statement No. 109.

Thomson Tax & Accounting's solution includes software licensed from Decision Modeling Inc. (DMI), which offers interest calculations needed to properly quantify a corporation's FIN 48 recognition and liabilities. Combining the DMI software with the strength of Thomson Tax & Accounting's corporate income tax offerings, the company said in an announcement, "provides a unique, integrated solution featuring: workflow analysis, best practice templates, interoffice memos for efficient communication and additional guidance to help practitioners navigate the Sar-banes-Oxley compliance requirements created by FIN 48."

Steve Mendelsohn, senior vice president of Corporate Income Tax at Thomson Tax & Accounting, said, "Through...

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