Lucasys Recognized Again on Inc. 5000 List of America’s Fastest-Growing Private Companies

Inc. revealed today that Lucasys, the leading provider of tax technology and technology-enabled services for regulated utilities, is named to Inc 5000.

Vadim LantukhAugust 12, 2025Lucasys IncInc 5000, Lucasys, Tax Fixed Assets

Navigating “One Big Beautiful Bill” (OBBB): How Lucasys Keeps You Ahead

On July 4, 2025, President Trump signed into law the highly anticipated One Big Beautiful Bill (OBBB), bringing sweeping changes to tax law and major updates to depreciation and business interest expense provisions. As tax and finance teams across the country begin digesting these new requirements, one thing is clear: the ability to adapt quickly is more important than ever.

Vadim LantukhJuly 9, 2025Lucasys IncOne Big Beautiful Bill, Lucasys Tax, Tax Fixed Assets

Lucasys Unveils Tax Provision, Expanding Income Tax Suite

Lucasys, the leading tax software and service provider for energy and utilities, announces the release of its Tax Provision software solution. Purpose-built to provide an easy-to-use experience for ASC 740 compliance while also addressing the complex needs of the utility industry, this next-generation solution streamlines tax processes, enhances accuracy, and ensures compliance with unparalleled efficiency.

Vadim LantukhMay 29, 2025Lucasys IncTax Provision, Lucasys, Tax Fixed Assets, Utilities

M&A as an opportunity for tax technology

Significant corporate changes like mergers, acquisitions, or asset purchases always bring uncertainty — but they also present a unique opportunity. For tax teams, M&A activity is often the perfect time — even an urgent imperative — to evaluate processes, systems, and overall readiness for the future.

Vadim LantukhMay 8, 2025Lucasys IncM&A, Tax Fixed Assets, Depreciation, Deferred Tax, Lucasys

One ID To Rule Them All

Consistency is critical when managing large volumes of data, especially in tax and financial systems. Yet, many systems fall short when it comes to maintaining asset numbers across different cases or reports. When an asset is copied to a new case or scenario, the assignment of a new ID disrupts data continuity, making comparisons difficult and unnecessarily time-consuming.

Vadim LantukhFebruary 25, 2025LucasysLucasys Tax, Tax Fixed Assets, SaaS

Lucasys Welcomes 21st Customer as More Utilities Move to Lucasys Tax

Lucasys Inc, the leading provider of cloud tax software for North American utilities and energy companies, celebrates a milestone moment in business growth by signing its 21st customer. The 21 electric, gas, and water utilities who trust Lucasys to manage their tax fixed asset processes represent more than $600 billion of fixed assets. Utilities around the country are transitioning away from legacy tax software to Lucasys Tax, signaling a growing trend in the utility industry.

Vadim LantukhFebruary 4, 2025Lucasys, IncTax Fixed Assets, Tax Depreciation, Deferred Tax