Navigating Tax Challenges in a Multi-Jurisdictional Utility Operation

For investor-owned utility companies operating across multiple states, managing tax compliance is a complex and often daunting task. Each state has its own set of tax laws, regulations, and reporting requirements, which can create a labyrinth of obligations for utility tax departments. In this environment, staying compliant while optimizing tax positions requires not only deep expertise but also the right tools and technology.

Vadim LantukhSeptember 10, 2024Lucasystax, utilities, rate-regulated, multi-jurisdictional, investor-owned, utility, compliance, tax rates, filing requirements, tax incentives, lucasys, lucasys tax, tax software

Utilities are Transforming with Cloud Solutions

Cloud computing has applications in a wide array of industries, but utilities in particular are well-suited to reap the massive benefits of the cloud. The unique IT requirements of large, regulated organizations managing critical infrastructure are incredibly complex and notoriously difficult to manage. Only through leveraging the cloud can forward-thinking utilities stay on the cutting edge of technological advancement.

Vadim LantukhJanuary 26, 2021tax, accounting, enterprise, tax accounting systems, lucasys, lucasys tax, cloud computing, utility industry, regulatory rulings, regulatory reporting, regulated utilities, tax accounting infrastructure, multi-jurisdictional, cloud, security, cloud solutions