Tax Provision

 

Lucasys Tax Provision is a purpose-built solution designed specifically for the complex needs of rate-regulated utilities. This next-generation platform simplifies tax reporting by automating the calculation of current and deferred taxes, integrating seamlessly with ERP and fixed asset systems, and supporting multi-entity, multi-jurisdiction operations. With features like:

  • Automated tax calculations

  • ASC 740 compliance

  • ASC 980 regulatory support

  • Data integration

  • Scenario modeling

  • Multi-jurisdictional

  • Robust reporting and analytics

  • SOX controls and compliance

 

Lucasys Tax Provision empowers tax teams to work faster, with greater accuracy and confidence. Built by tax and utility industry experts, Lucasys Tax Provision combines deep regulatory insight with modern software design to deliver a solution that’s secure, scalable, and easy to adopt. Whether you're responding to growth, M&A, or evolving compliance requirements, Lucasys helps utilities future-proof their tax operations. Schedule a demo today to see how we’re transforming tax provision for the utility industry.