ThomsonReuters

FEBRUARY 9, 2024

Under this act, if a corporation’s CEO or highest-paid employee’s compensation exceeds 50 times the median worker’s pay, the corporate tax rate would be increased by a penalty determined by the legislation. Also, the act addresses the use of optical character recognition (OCR) software.

Tax 110

Tax tax return Technology income tax 110

ThomsonReuters

OCTOBER 24, 2023

Data is king in today’s fast-paced world of finance and tax. Yet, for many companies, the journey of data from disparate sources to financial close, tax returns, and reporting can be torturous. Fortunately, tax departments are not powerless. accounting software, payroll, etc.) based CFO Consultants, in a blog post.

Technology 52

Technology Tax corporation tax accounting and finance 52

ThomsonReuters

FEBRUARY 24, 2023

K-1s are sometimes confused with Form 1099s, which are tax information documents for individuals who are not employees, like sole proprietors and freelancers. K-1s, however, are quite different and can come with some complexities for tax and accounting firms. from the partnership for the tax year. What is Schedule K-1?

Non-Profits 59

Non-Profits tax return Tax income tax 59

ThomsonReuters

AUGUST 5, 2022

Forrester also built in an additional 5% risk adjustment to account for potential differences in cost, raising the total estimated implementation cost to $873,600. During the implementation phase, licensing for ONESOURCE Indirect Tax costs nothing, because licensing costs only kick in once the product is up and running.

Technology 52

Technology Tax E-commerce accounting and finance 52