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Three C’s of Sales Tax Compliance

TaxConnex

Sales tax is meant to be a pass-through tax and thus one that should have minimal impact on a company’s bottom line. The sales tax is collected by businesses and “passed-through” to the taxing jurisdictions. Consulting Your first C is Consulting. Calculation Your second C is calculation.

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S corp vs C corp vs LLC: What’s the difference, and which one is better for your business?

ThomsonReuters

Which is better: a C corp, S corp, or LLC? What is a C corporation? When is it better to create an LLC instead of a C corp or S corp? New companies can be set up in five different structures: Partnership, Limited Liability Company (LLC), Sole Proprietorship, S Corporation or C Corporation. What is a C Corporation?

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Guide to tax forms for environmental tax breaks?

ThomsonReuters

Jump to: What environmental tax breaks are available? Helping your clients with claiming environmental tax credits As sustainability initiatives gain momentum, the IRS continues to encourage environmentally conscious actions through a range of tax incentives. What environmental tax breaks are available? 

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Safeguarding your practice: Rethinking client relationships as DIY tax returns become a reality

Mark Lee

My advice in this blog post about safeguarding your practice largely concerns only what I might call ‘simpler’ clients. I had thought this might not happen until MTD for income tax becomes a reality. I had thought this might not happen until MTD for income tax becomes a reality. But I have already started to see a change.

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The Certified Payroll Professional Corner: Overtime

ThomsonReuters

The options were as follows: (a) qualified transportation fringe benefits, (b) on premises athletic facilities, (c) value of personal use of an employer-provided vehicle, (d) group-term life insurance provided to employees up to $50,000, (e) group-term life insurance provided to employees over $50,000, and (f) retirement planning services.

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Boost Your Financial Performance: Reports Your FP&A Team Needs

Acterys

Luckily, the board of directors and C-level executives can rely on the expertise of FP&A professionals. In this blog, we look at three main reporting types that FP&A teams must use to monitor the financial health and performance of a business. P&L report in Acterys Excel Add-in 3.

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Future of Accounting: The 2022 Annual Guide

Ryan Lazanis

Compliance Services Far From Dead. Pull in sales pipeline data from Salesforce to forecast revenues. Tip 3: Use Predictive Technology. For example, tax planning experts have long been in high demand. c) Technologies are already doing a lot of the heavy lifting. Emerging Business Models in Accounting. I think so.

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