Bloomberg Tax Provision
Get your tax provision right every time — without the stress.
Overview
Bloomberg Tax Provision is a software solution designed to simplify and automate the complex calculations required for ASC 740 income tax provisions. The software focuses on providing a streamlined and controlled environment, leveraging a balance sheet approach to comply with U.S. GAAP technical requirements. It aims to reduce manual risks and the time spent on the ASC 740 process.
✨ Key Features
- ASC 740 Calculation Engine
- Balance Sheet Approach
- Rate Reconciliation
- Deferred Tax Analysis
- UTB/FIN 48 Analysis
- Quarterly AETR Calculations
- State-by-State Calculations
- Audit-Ready Reporting
🎯 Key Differentiators
- Powerful and accurate ASC 740 calculation engine
- Intuitive user interface designed by tax professionals
- Strong focus on audit-ready reporting and traceability
Unique Value: Delivers a highly accurate and intuitive ASC 740 calculation engine that simplifies the tax provision process and produces reliable, audit-ready reports.
🎯 Use Cases (3)
✅ Best For
- Complex multi-state and federal tax provision calculations
- Generating audit-ready reports with clear traceability
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Companies not subject to ASC 740 reporting
- Very small businesses with simple tax provisions
🏆 Alternatives
Offers a more user-centric design and a stronger focus on the specific complexities of ASC 740 calculations compared to broader tax compliance suites.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (All tier)
🔒 Compliance & Security
💰 Pricing
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