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Putting a Price Tag on Intangible Assets

RogerRossmeisl

Intangible assets — such as patents, copyrights and trademarks — are essential to the operations of many companies, but they’re rarely reported on the balance sheet. And even when they are reported due to an acquisition, book value is often based on historical cost under U.S. Generally Accepted Accounting Principles (GAAP).

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Professionals on the Move: Sept 2023

CPA Practice

TAG Alliances Welcomes Ray Polantz of Cohen & Company as New Advisory Board Member TAG Alliances, a leading multidisciplinary alliance of independent professional services firms, recently appointed Raymond Polantz, Tax Partner at Cohen & Company as its newest Advisory Board member.

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How a continuous close leads to more accurate forecasting, better time management, and more.

Airbase

That’s in contrast to a monthly close, where financial operations follow a rigid monthly calendar. Accounting information like categories and tags are also verified before spending takes place, reducing the need to resolve errors during the close. The impact of a rolling close on data integrity.

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Planning Cost Savings Through Power BI Platform Unification

Acterys

So, the users on the business side (finance, marketing, operations, etc.) with varying, often very high price tags ( more details in this blog ). To make all this work in nearly all cases expensive, outside consultants with daily price tags ranging from $1,500-$4,000 are needed that often exceed the software investment manifold.

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Bipartisan Senate Tax Plan Would Expand Credits for Businesses, Children, and Low Income Housing

CPA Practice

It would also incorporate legislation extending tax treaty-like benefits to American companies operating in Taiwan and vice versa. The package would restore business tax incentives phased out to lower the price tag of the 2017 tax law. The expansion would support the construction of more than 200,000 affordable homes, Wyden said.

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Point-of-Sale EV Tax Rebates Are a Hit, Treasury Department Says

CPA Practice

The point-of-sale credit essentially operates like an instant rebate. Electric cars with a price tag exceeding $55,000 and SUVs over $80,000 are ineligible. EV point-of-sale rebate Despite the uncertainty, as of Jan. Previously, eligible buyers could only claim the credit when they filed their federal income tax returns.)

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How not to tank your sales tax audit (part 1)

TaxConnex

Rightly so: Sales tax audits can find fault with a variety of your operations and can cost you big– if the determination goes against you. Why would you get tagged for audit? If you are a business that must collect and remit sales tax, an audit is probably one of your biggest fears. Not expecting an audit.

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