Posts tagged streamlined
Corporate Tax Rate Changes on the Horizon… Again! What Utilities Need to Know
Corporate Tax Rate Changes on the Horizon… Again! What Utilities Need to Know

As the 2024 election season gains momentum, regulated utilities are facing the prospect of significant policy shifts that could dramatically impact their financial landscapes. Vice President Kamala Harris has recently announced that if elected, she plans to raise the corporate tax rate to 28%. This proposal has raised alarms among tax leaders and CFOs within the utility sector, as the potential changes could lead to substantial adjustments in deferred tax liabilities.

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Vadim LantukhLucasystax, utilities, tax rate, tax rate changes, rate increase, kamala harris, harris presidency, presidency, fixed asset solutions, tcja, tax software, lucasys tax, lucasys, deferred tax, regulatory reporting, streamlined, investor-owned, utility
Innovation in Tax Fixed Assets: Hope Utilities Adopts Best-in-Class Lucasys Software

Leading natural gas and water distribution services company, Hope Utilities, has implemented Lucasys’ industry-leading tax fixed asset software. Faced with the challenges of maintaining legacy software systems, Hope Utilities recognized the opportunity to streamline their accounting solutions and transform their business processes.

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Vadim LantukhLucasystax, accounting, utilities, tax fixed assets, hope utilities, hope gas, best-in-class software, tax fixed asset, tax software, fixed asset accounting, infrastructure, data, streamlined, collaboration, utegration, finance4u