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Keeping Pace With Corporate Income Tax Filing Season

ThomsonReuters

As the effects of the pandemic continue to reverberate through the economy, resource-constrained corporate tax departments are unceasingly adapting to change — including new regulatory requirements, new ways of working, extended tax deadlines, Covid tax relief provisions and, now, the demands of a busy tax-filing season.

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7 steps for an accurate and successful corporate tax return filing

ThomsonReuters

As a corporate tax professional, you know the complexities of complying with business taxation requirements. Your company may have to file corporate tax returns in multiple states and local jurisdictions, as well as with federal — and perhaps international — tax authorities. Does every corporation file income tax returns?

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The basics of Foreign-Trade Zones (FTZs). What are they?

ThomsonReuters

ports of entry that allow importers and exporters of all sizes to move goods in and out of the country paying reduced or no customs duties, taxes, or fees. In practice, however, there are actually two types of FTZs: general purpose FTZs and special purpose FTZs. appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

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OCR Newsletter Emphasizes HIPAA Security Safeguards Against Phishing, Known Vulnerabilities, and Unauthorized Access

ThomsonReuters

Here are key points from the newsletter for each attack type: Phishing. Once inside an organization, attackers can further exploit weak access controls by infiltrating privileged accounts, moving to multiple computer systems, deploying malicious software, and exfiltrating sensitive data. Contributing Editors: EBIA Staff.

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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? 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?

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Accounting for Startups

inDinero Accounting

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. Table of Contents. Getting into legal troubles.

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All You Want to Know About Donation Receipts

Snyder

When the tax season is just around the corner, there are many things to consider and prepare in advance to go through it smoothly. Just to be more exact, we’re talking here about claiming a tax deduction for any contribution that a company has made. Benefits for donors: Deductions on Tax Returns. What is a donation receipt?