ThomsonReuters

DECEMBER 15, 2020

Companies face three main challenges when preparing to implement operational transfer pricing (OTP) technology—finance system and data issues, accountability questions, and continually changing compliance requirements. Listen and subscribe to Tax & Tech Talks podcast on Spotify , Libsynpro , and Apple Podcast apps. _. Complexity.

Technology 52

Technology accounting and finance Tax Finance 52

ThomsonReuters

JANUARY 12, 2021

At many large, global companies, the financial data needed for tax calculations are scattered across the organization and around the world. Corporate tax managers often spend valuable hours trying to ascertain where source data is located and manually gathering the information they need from these disparate sources.

corporation tax 52

corporation tax Technology Tax accounting and finance 52

LyfeAccounting

SEPTEMBER 15, 2020

As your business grows, you’re eventually going to be faced with a hard decision. But you’re probably wondering, what is the best salary for small business owners? I will tell you the business reasons in determining how to pay yourself. I’m going to show you how I pay myself in my own business, and what you need to consider.

Tax 52

Tax accounting and finance tax planning CPA 52

LyfeAccounting

MARCH 25, 2021

As an accounting firm, we get asked all the time. “What should my business entity be? Essentially, it is a business entity that you can set up for your business. You see with an LLC you are able to separate your business assets from your personal assets. I heard that I should have an LLC.”

Legal 52

Legal Tax accounting and finance accounting firms 52

ThomsonReuters

FEBRUARY 15, 2023

property taxes, which help fund roads, schools, emergency medical services, and other services, are a vital source of revenue for state and local governments. Property tax rates vary greatly among states and localities and can have a major impact  on business investments and where people decide to live.

Tax 52

Tax Real Estate Kansas South Dakota 52

Xero

SEPTEMBER 8, 2022

Add in the potential challenges that businesses might have incorporating these offerings in the future, it’s no surprise that there are more questions than answers among our community. Enhanced security and more automation of processes along the value chain are just some of the benefits that blockchain technology can bring to modern business.

Technology 96

Technology accounting and finance bookkeeping audit 96

ThomsonReuters

APRIL 12, 2021

In a new episode of the Tax & Tech Talks podcast series, experts from KPMG and Thomson Reuters discuss how companies are turning to automation and analytics software to stay ahead of changes buffeting indirect tax management. _. Greater government scrutiny: Aggressive indirect tax audits are expected as soon as this year.

Tax 98

Tax Technology corporation tax audit 98

LyfeAccounting

OCTOBER 12, 2020

I just saved one of my clients over $95,000 in tax expenses from making a simple entity change from an LLC to an S-Corp. We found out that they have been overpaying in taxes for years. Heck, a lot of people just follow the crowd and say “I’ll register as an LLC” and have no idea what extra taxes they’re going to be paying.

income tax 52

income tax Tax Legal CPA 52

inDinero Accounting

JANUARY 9, 2023

Table of Contents What Makes Accounting Services for Startups Different? Why Is Accounting Important for Startups? However, a lack of accounting experience and knowledge can be a hindrance, especially for startups which need to be agile and primed for rapid growth. What Makes Accounting Services for Startups Different?

Account 52

Account accountant accounted accrual accounting 52

inDinero Accounting

JANUARY 9, 2023

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. Accountants’ specialized knowledge can support your startup business in many ways. Growth Focused: Big Businesses in Infancy.

Account 52

Account accountant accounted accrual accounting 52

ThomsonReuters

AUGUST 24, 2021

As tax and accounting professionals, your clients turn to you for advice on how to navigate these modern financial trends and changes. NFT is one type of application on a blockchain. But how will NFTs and blockchain impact the tax and accounting world? What is accounting? Step one, what is a fungible token?

Tax 52

Tax Account accountant accounted 52