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Navigating Tax Compliance: The Significance of Form W-9 and Best Practices

KROST

One often-overlooked yet critical aspect is the proper handling of Form W-9: Request for Taxpayer Identification Number and Certification. In this blog post, we’ll delve into the importance of Form W-9, its role in vendor payments, the types of Read the full article.

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Should you consider an automated indirect tax system? 9 key questions to ask

ThomsonReuters

Introducing automation at this point can boost morale and give the tax team a new goal to work toward: life after automation – that is, when machines are doing the grunt work and the tax pros are more involved in compliance, analysis, strategy, and business development. The software keeps all the rules, policies, rates, and codes up to date.

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How to prepare your business for participating in a Foreign Trade Zone (FTZ) program

ThomsonReuters

Foreign Trade Zones (FTZs) can help businesses of all kinds reduce or manage inventory, and compete more effectively in the international marketplace. program or don’t believe the effort necessary to create one is worth it. Using a Foreign Trade Zone (FTZ) offers numerous benefits for businesses of all sizes. Governed by U.S.

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Are trade compliance managers prepared for post-Brexit tariffs and import/export protocols?

ThomsonReuters

Are multinational trade compliance managers prepared? For trade compliance managers, this obvious mismatch of tools for the task ahead will become glaringly apparent when the implications of Brexit are fully felt. Many are not. In fact, despite the mounting demand for documentation and data of all kinds—e.g.,

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Top accounting issues in 2023

ThomsonReuters

Deliver accounting and compliance news alerts so practitioners are regularly provided critical accounting, audit, and corporate finance developments, along with expert analysis. Deliver frequently updated news and articles about employee benefits law and compliance. What are the current issues in accounting?

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Use AI to stay abreast of changing tax regulations and legislation

ThomsonReuters

Future of Professionals Report How AI is the Catalyst for Transforming Every Aspect of Work View report The impact of AI on business protection Mitigating risk and staying on top of the latest tax law changes to protect the welfare of the business has long been critically vital for the profession. The accounting profession is no exception.

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Accounting for Startups

inDinero Accounting

Table of Contents What Makes Accounting Services for Startups Different? Why Is Accounting Important for Startups? How to Select the Right Startup Accountant Getting Started with Startup Accounting Oftentimes, accounting for startups is left to whoever is best at managing data in the company – or if no one – one more job for the founder.

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