Mark Lee

JUNE 6, 2023

These days many accountants feel as if they are working harder than ever just to stand still. The pressures and stresses of modern life are partly a function of newer forms of communication. It is typically older accountants who approach me with feelings of overwhelm. And, if that’s how they feel, then it’s true.

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ThomsonReuters

JULY 8, 2021

Multinational enterprises (MNEs) began using centralized shared services centers three decades ago to standardize and improve efficiency in back-office functions such as finance & accounting, human resources, and IT. The RFP should include specific requirements that ensure local requirements will be fulfilled consistently.

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ThomsonReuters

APRIL 6, 2021

Taking on a consultant role to help businesses through this evolution presents your firm with an opportunity to replace vanishing revenue from declining tax compliance work. It also offers an avenue to strengthen your relationship with clients. But how specifically can your firm help clients change to meet modern business needs?

accounting and finance 64

accounting and finance audit CPA cpa firm 64

ThomsonReuters

DECEMBER 13, 2021

On one hand, tax automation saves time, minimizes the risk of human error, and can help elevate indirect tax from a back-office compliance function to a more valuable strategic advisory role. Know your process: Don’t rely on implementation consultants to solve all your problems, because they will eventually leave.

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ThomsonReuters

MARCH 25, 2021

Applying this interpretation to the HIPAA exclusion, all eligible employees should be counted when determining whether a plan has fewer than 50 participants for purposes of the HIPAA exclusion. Based on your description, your plan does not qualify. appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

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ThomsonReuters

NOVEMBER 23, 2022

Do you need tax technology? Every tax department has different technology needs and ideas about how far and fast they should go with automation, but there are a number of common triggers that lead a company to conclude that it needs the help of an automated tax solution. Outsourcing isn’t working well and has become too expensive.

Technology 59

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ThomsonReuters

APRIL 18, 2023

The accounting profession has faced a profound shift in recent years: from significant regulatory changes to an influx of innovative technologies, to reimagined business models, to an increase in client expectations. What are the current issues in accounting? but there are several common hurdles that often run industry wide.

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Snyder

SEPTEMBER 22, 2022

If the thought of having your own online retail store has ever crossed your mind, you’ve certainly heard the word “dropshipping” over and over again like some magic spell. In this article, we’ll look into dropshipping on Amazon and cover everything you need to know about it. . Contents: 1. What is dropshipping?

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MineralTree

MARCH 16, 2023

Offloading and outsourcing AP tasks to avoid retraining teams or hiring more staff is another method used by finance teams to modernize their back office. Today’s blog breaks down the differences between automating and outsourcing AP, explaining the various reasons why teams opt between the two models.

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Snyder

SEPTEMBER 9, 2022

What tips should you follow when running your Shopify dropshipping business? Should you consider dropshipping on Shopify in 2022? It’s a business model that allows you to sell physical products that are manufactured, warehoused, and shipped by third-party dropshippers from your own online store.

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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. Why do you care? Well investors care, for starters.

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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. Holding back your growth. Accountants’ specialized knowledge can support your startup business in many ways.

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ThomsonReuters

DECEMBER 3, 2020

If not, how should we decide what the TPA will do and what the company will do? ANSWER: Even if you engage a TPA, your company cannot be relieved of all responsibility for claims and appeals under its self-insured health plan. Can your company devote the necessary personnel to ensure compliance? TPA’s Capabilities.

Legal 59

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ThomsonReuters

AUGUST 25, 2021

Regardless of the level of tax automation a company plans to adopt, there are always questions about how far and how fast an organization should go when incorporating tax automation, what the organizational implications will be, and how an investment in tax engine software will ultimately benefit the bottom line.

Technology 52

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Snyder

JUNE 20, 2022

It makes sense to delegate some of the management tasks because it’s hard to keep track of everything yourself without hampering your business in the long run. However, delegating doesn’t mean staying out of the loop completely, especially when it comes to business finances, primarily accounting. Contents: 1.

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ThomsonReuters

MAY 7, 2021

The good news is that corporate tax provision software can help your tax team mitigate these risks without requiring you to outsource or use contingent staff — so you can keep your processes in-house and maintain full control. What challenges does your tax department face? Leverage clean data.

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corporation tax Tax Technology tax planning 81

Ryan Lazanis

APRIL 10, 2022

In this guide, I’m going to outline what the future of accounting looks like for accounting firms and how to best prepare for it in 2022. This guide will cover trends that are happening at this very moment and specific strategies that you can use right now to better prepare you and your firm for the future.

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