RSM expands partnership with Bloomberg Tax

25 July 2022 Consulting.us 2 min. read
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RSM US has become the first member of the certified implementer program (CIP) at Bloomberg Tax, the financial technology and media giant’s corporate tax research and software division.

As the first CIP member, RSM will support client implementation and use of Bloomberg Tax Provision and Tax Fixed Assets software. Bloomberg’s team of experts will provide ongoing training and technical support to RSM as part of the program.

The mid-market accounting and consulting firm has previous knowledge and experience with Bloomberg’s tax software, which spans federal, state, and international tax research; payroll administration; financial accounting; and corporate income tax planning, among other areas.

RSM expands partnership with Bloomberg Tax

Bloomberg Tax Provision helps tax professionals accurately forecast and calculate tax provision via a streamlined and compliance-minded platform. Bloomberg Fixed Assets is an enterprise capital asset management solution that allows companies to optimize depreciation of fixed assets and features automated data flows and reporting capabilities.

"We are excited to work with Bloomberg on this new program, combining RSM's tax technical and technology experience with Bloomberg's corporate tax software products," said Heather Collins, tax partner at RSM US. "At RSM we take pride in providing best-in-class tax system implementation services, offering customizable tax technology solutions for our clients.”

RSM US has approximately 14,700 employees and is the fifth largest accountancy in the United States, according to Accounting Today. The firm has $3.6 billion in annual revenue.

"We are really pleased RSM is the first Certified Implementer for both Bloomberg Tax Provision and Bloomberg Tax Fixed Assets," said Lisa Fitzpatrick, president of Bloomberg Tax & Accounting. "This is an expansion of a long relationship between our organizations. By working together, we will be able to create greater value for our mutual customers in the critical areas of provision and fixed asset depreciation."