Corporate Tax Audit & Planning Resources
Welcome to the Corporate Income Tax Audit and Planning section of the BNA Software Resource Center. Here you'll find information about issues that impact the areas of corporate income tax planning, audit, and more.
Customer Success Story
Allegheny Energy Turns to BNA Corporate Tax Analyzer to Solve Many Corporate Tax Challenges
Bill Rowe, General Manager of Tax Planning for Allegheny Energy, describes how Allegheny Energy uses BNA Corporate Tax™ Analyzer as a "one-stop solution for multi-year Federal income tax calculations, IRS audits, strategic and tax planning modeling, FIN 48 analysis, as well as cross checking what our corporate compliance software estimates our taxable income outcomes to be."
Read Story » | Listen to Bill Rowe »
White Papers, Resource Guides & Articles
A Two, Three, Four, or Five-Year NOL Carryback: Which Is Really a Tax Professional’s Best Choice?
This white paper will help you understand what you need to do to ensure that your company is making the most tax advantageous decision when it comes to the latest NOL carryback provision.
Download Now: A Two, Three, Four, or Five-Year NOL Carryback - Which Is Really a Tax Professional’s Best Choice »
Alternative Minimum Tax: AMT Matters and Why
This white paper provides both an historical and current view of AMT and discusses the potential impact of ignoring AMT. Learn why you might be at risk for overpayment or underpayment of taxes and how available software tools can assist tax professionals with minimizing the complexity of tracking AMT and help them avoid costly mistakes.
Download Now: AMT Matters and Why »
Automating Complex Calculations for IRS Audits
When it comes to IRS audits, there are essentially three distinct types of calculation challenges that corporate taxpayers must deal with. Learn about each and how you might address them using BNA Corporate Tax™ Analyzer.
Download Now: Automating Complex Calculations for IRS Audits »
Electing Out of Bonus Depreciation for Refundable Credits
The Housing and Economic Recovery Act of 2008 allows corporate taxpayers to elect to forgo a deduction for bonus depreciation on qualifying property and instead claim a refund for unused research and AMT credits from tax years beginning before 2006 under IRS Section 168(k)(4). The American Recovery and Reinvestment Act of 2009 and the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 both modified this provision. Learn more about this complex provision and find out what you need to consider in order to make the decision most beneficial to your bottom line.
Download Now: Electing Out of Bonus Depreciation for Refundable Credits »
Reducing the Bottlenecks: A Collaborative Approach to Large Business and International (LB&I) Audits
This informative white paper reveals how using the same software as the IRS to automate complex calculations and track multi-year carryforwards and carrybacks is helping corporations expedite resolution, conserve valuable resources, and gain greater control over the audit process.
Download Now: A Collaborative Approach to Large Business and International (LB&I) Audits »
Reporting Uncertain Tax Positions
This article provides background on FASB Interpretation No. 48 (FIN48) and Uncertain Tax Positions as well as examples and important details to consider.
Download Now: Reporting Uncertain Tax Positions »
On Demand Webinars
Alternative Minimum Tax
The Undeniable Fact … AMT Matters and Why
Learn how you can minimize the complexity of tracking AMT, maximize the use of every tax credit, and avoid an unwanted, expensive surprise.
Listen Now: Alternative Minimum Tax »
Dealing with NOLs in Turbulent Times: Are You Leaving Money on the Table?
Whether you’re dealing with Net Operating Losses (NOLs) for the very first time or need to bring your know-how up to date, this free Webinar can help position you as an effective advocate in protecting your company’s tax position. You’ll gain a better understanding of the interplay between offsets and credits, including how to use them to your greatest advantage.
Listen Now: Dealing with NOLs in Turbulent Times - Are You Leaving Money on the Table? »
Making the Most of Your NOL Carryback Claims: Best Practices for 1139 and 1120X Filers
Whether you’re taking an NOL carryback claim for the first time or need to bring your know-how up to date, this recorded webinar offers best practices for preparing Forms 1139 and 1120X to your company’s greatest legal benefit.
Listen Now: Making the Most of Your NOL Carryback Claims: Best Practices for 1139 and 1120X Filers »
Optimizing Federal Audits and Corporate Tax Management
Bill Rowe from FirstEnergy tells how FirstEnergy's tax department gained better visibility and control of IRS audits and corporate income taxes. You'll learn how FirstEnergy uses best practices and the same software as the IRS.
Listen Now: Optimizing Federal Audits and Corporate Tax Management »
Reducing IRS Audit Bottlenecks
Learn how companies have transformed the audit process through a common platform with the IRS for calculations and analysis.
Listen Now: Reducing IRS Audit Bottlenecks »
Taking the Two, Three, Four, or Five-Year NOL Carryback: Which Is Really a Tax Professional’s Best Choice?
Electing to use the 5-year NOL provision can often be a good move. But did you know that, depending upon your company’s situation, taking the 5-year NOL might actually cause you to leave money on the table? This recorded webinar will help you quickly understand what you need to do to ensure that your company is making the most tax advantageous decision when it comes to the latest NOL carryback provision.
Listen Now: Taking the Two, Three, Four, or Five-Year NOL Carryback »
BNA Corporate Tax Analyzer Customer Success Stories
Allegheny Energy Turns to BNA Corporate Tax Analyzer to Solve Many Corporate Tax Challenges
Learn why Allegheny Energy turned to BNA Corporate Tax Analyzer for IRS audit support, management of multiyear tax attributes, strategic and tax planning, and FIN 48 analysis.
Read Story » | Listen to Bill Rowe »
BNA Corporate Tax Analyzer Streamlines IRS Audits and Gives Western Refining, Inc. Peace of Mind (PDF)
BNA Corporate Tax Analyzer helps Western Refining calculate, plan, prepare, and document corporate income taxes.
Read the full story (PDF) »
Honeywell Gains Peace of Mind with BNA Corporate Tax Analyzer (PDF)
Honeywell replaces Excel spreadsheets with BNA Corporate Tax Analyzer for complex tax computations, federal audit analysis, and planning.
Read the full story »
Lucent Calls On BNA Corporate Tax Analyzer to Facilitate IRS Audit Process (PDF)
BNA Corporate Tax Analyzer and on-site expertise combine to ensure accurate calculations of federal income tax attributes.
Read the full story (PDF) »
Sun Microsystems Relies on BNA Corporate Tax Analyzer to Optimize Income Tax Results (PDF)
Using BNA Corporate Tax Analyzer, Sun experiences a faster resolution of IRS audits and enables Sun Microsystems to strategically utilize offsets and credits such as NOLs, FTCs, GBCs, and charitable contributions to maximum benefit for the bottom line.
Read the full story »
BNA Corporate Tax Analyzer Product Information
BNA Corporate Tax Analyzer Features (PDF) »
BNA Corporate Tax Analyzer Product Brochure (PDF) »
BNA Corporate Tax Analyzer Professional Services Brochure (PDF) »
Learn More About BNA Corporate Tax Analyzer »
Tax Legislation Updates
2010 Tax Relief Act and the Effect on Business Returns »
