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Estimated reading time: 1 minute, 18 seconds

Bloomberg Intros Workflow Tools

Bloomberg Tax & Accounting has introduced a series of workflow tools. Available to subscribers on the Bloomberg Tax platform, the tools lead practitioners through a series of questions related to a transaction or situation.

The process takes into account key considerations and facts required to make a determination and displays definitions, descriptions and links to additional guidance and relevant source material.

After questions have been answered, a summary page links to applicable source documents, practice guides, and portfolios supporting the response.

Topics include the following: Bonus Depreciation and First-Year Expensing, Choice of Forum, Deemed Asset Acquisition Election Tool (Section 338/336(e)), Determining if an Individual is a Dependent, Expatriation of Individuals, FBAR Filing for Individuals, Foreign Earned Income Exclusion (Section 911), Innocent Spouse Relief, Meals & Entertainment; Portability of Deceased Spousal Unused Exclusion Amount; and Section 645 Election.

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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