Accounting Today

JULY 28, 2025

I think the main challenges that we face in achieving this growth has more to do with the ability to continue to have the leaders step up in what they do and to have the systems support that growth," said CEO Sean Taylor. All rights reserved. The technology and the growth going together, that is a challenge with it."

Technology

Accounting Today

JUNE 6, 2025

All rights reserved. Accountants previously using Paychexs AccountantHQ can now access the functionality of Paychex Flex through a dashboard with simplified workflows, providing an experience that matches what their clients see.

Technology

Accounting Today

JULY 30, 2025

International attacks, yes, but on the complicated inbound, outbound, cross border treaty positions, pre-migration, exit tax, even estates for foreign individuals trust, foreign trust at that level. So I think thats the main difference. (01:53): All rights reserved.

Technology

Accounting Today

JUNE 23, 2025

Do you see private equity being continually to be the main provider of outside capital, or is that just opening the flood gates to a bunch of other people who may come in and be interested? All rights reserved.

accounting firms

Withum

NOVEMBER 6, 2024

The Senate working groups are intended to help prepare for the expiration of key tax provisions of the TCJA in 2025, as well as other tax issues likely to be on the table. A Bloomberg Tax report noted that other tax issues could include possible changes to permanent tax code provisions, such as changes to the corporate tax rate.

Tax

Going Concern

OCTOBER 25, 2024

According to the audit report, Butler County voters had previously enacted a one-half cent sales tax with a provision to reduce property taxes by 50 percent of sales taxes collected but, when calculating the reduction, the County Clerk did not account for the difference between estimated and actual sales taxes collected for the preceding year.

accounting and finance

Accounting Today

JULY 16, 2025

Small businesses look to AI for competitive edge Naret - stock.adobe.com A new survey conducted by Reimagine Main Street in partnership with PayPal reveals that 82% of small businesses believe adopting AI is essential to staying competitive. All rights reserved.

Technology

Accounting Today

JULY 21, 2025

All rights reserved. So our growth strategy actually stems from having a clear jurisdictional corridor strategy, and focusing on the needs of multinational clients.

Technology

ThomsonReuters

APRIL 15, 2025

For corporate tax professionals and chief financial officers (CFOs), understanding how an ERP system works is crucial for successfully managing financial data, ensuring regulatory compliance, and improving overall business performance. Read Lenovo case study What is the difference between an ERP and a CRM?

Technology

Dent Moses

JUNE 9, 2025

Corporate Tax Rate Unchanged Despite prior campaign discussion of lowering the corporate tax rate to 15%, the bill does not propose a change from the current 21%. This proposal faces strong pushback from the GOP’s SALT caucus, mainly representatives from high-tax states like New York.

Tax

SkagitCountyTaxServices

MAY 1, 2025

Specifically related to hiring dependents, it shifts income from your higher personal marginal tax bracket to their lower one, because the wages you pay your child are income tax-free for the child if theyre under the standard deduction.

income tax

Accounting Today

JULY 2, 2025

The main culprit? All rights reserved. Amid a growing push toward digitization, however, businesses are increasingly adopting and leveraging innovative tools like machine learning and generative AI to keep pace with fraudsters. The persistent use of traditional, outdated paper checks.

Technology

Menzies

JULY 4, 2025

The below table summarises the main tax reliefs available on this expenditure: Plant & Machinery Special Rate SBAs Land remediation relief Rate of relief 18% writing down basis 6% writing down basis 3% straight line 100% of original cost plus 50% enhancement Scope for 100% relief?

corporation tax

Churchill-Knight

OCTOBER 30, 2024

Corporation Tax The main rate of Corporation Tax which is paid by businesses with taxable profits over £250,000 is set to remain at 25% until the next election. billion over five years. Business Asset Disposal Relief £1 million Business Asset Disposal Relief to be retained but at an increasing rate.

income tax

Accounting Today

JUNE 18, 2025

percentage point higher over the decade to 2034 as a result of the Houses tax and spending package. All rights reserved. In a release Tuesday, the nonpartisan CBO said that higher interest rates from the bill would add $441 billion to deficits over a decade. Average annual growth would be 0.04

Technology

ThomsonReuters

AUGUST 16, 2022

For corporate tax departments, making the tax technology pitch for an automated solution is a relatively simple one. 1—It will save money by: reducing tax errors and over-payments. errors and violations associated with out-of-date tax rates and codes. making the department’s overall operations more efficient.

corporation tax

PYMNTS

FEBRUARY 26, 2019

to allow businesses to pay their corporate taxes in bitcoin. JPMorgan Chase ‘s recent announcement of its new JPM Coin , a bank-backed cryptocurrency to deploy in its corporate payment operations, also signaled a major push to apply crypto in corporate payments.

corporation tax

ThomsonReuters

NOVEMBER 2, 2021

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. is a C corporation.

tax return

CPA Practice

SEPTEMBER 3, 2024

TNS) BOSTON — Main Street employers are getting hammered by taxes, health care expenses, lingering high inflation and other costs, according to a new report by a national business group, which calls on Beacon Hill policymakers to focus their attention on helping small businesses stay afloat. By Christian M.

Massachusetts

ThomsonReuters

MARCH 1, 2024

Jump to: How are S corporations taxed? How can S corporations reduce their taxes? You may wonder how the S corporation taxation generally works. The following guide offers numerous strategies and tips that owners of S corporations can use to lower their taxes, including deductions and credits.

corporation tax

ThomsonReuters

AUGUST 2, 2023

As the Organization for Economic Co-Operation and Development’s (OECD) ground-breaking Base Erosion Profit Shifting (BEPS) framework for taxing the digital economy is being implemented, countries around the globe are beginning to roll out the second of the OECD’s two BEPS pillars—Pillar 2.0. Discussions are ongoing.

corporation tax

ThomsonReuters

JUNE 28, 2022

Corporate tax teams that want to invest in an automated indirect tax solution can’t simply declare to decision-makers that efficiencies, cost savings, and a host of other benefits will magically start boosting the bottom line once the software is activated. what the return on technology investment (ROI) is going to be.

Tax

CPA Practice

JULY 12, 2024

Without this relief, the 2017 tax cuts would have almost entirely benefited Wall Street corporations. The small business deduction was designed to help Main Street continue to compete. The law’s corporate tax cuts are permanent, while the relief for small businesses is temporary. But there’s a problem.

Missouri

Wellers Accounting

MARCH 15, 2023

Tom Biggs ACA CTA , summarises Chancellor, Jeremy Hunt's main tax and spending announcements in the Spring Budget.

Finance

ThomsonReuters

NOVEMBER 30, 2020

Schwieterman says the level to which you can optimize your tax function really comes down to how your tax & finance departments adapt to four main factors: changing talent needs; data and technology; legislative and regulatory changes; and budget constraints. Evolving talent requirements. Changing rules.

Finance

Menzies

AUGUST 1, 2023

One of the main benefits of a company when compared to a sole trader business is that there is flexibility in when and how you extract profits, giving you the control to ensure you are optimising your overall tax position. Dividends are not deductible for corporation tax purposes, but they do not attract NICs charges.

corporation tax

Analytix Finance & Accounting

NOVEMBER 30, 2023

Here is a summary of considerations on the four most common types of business structures: Sole Proprietorship, Partnership, Corporation, and Limited Liability Company. Sole Proprietorship Tax Considerations Main Features Challenges The business and its owner are a single entity for tax purposes.

Tax

Menzies

JUNE 26, 2024

With the UK General Election taking place in just a matter of weeks on 4 July 2024 and the leading parties having released their manifestos, we have summarised below some of the main policy promises that would impact the Hospitality & Leisure sector.

Hospitality

Menzies

JUNE 26, 2024

With the UK General Election taking place in just a matter of weeks on 4 July 2024 and the leading parties having released their manifestos, we have summarised below some of the main policy promises that would impact the Hospitality & Leisure sector.

Hospitality

Menzies

JULY 29, 2024

To help, we have prepared a summary of the various vehicles that can be used, and their main features. The main ways in which NFP entities are set up are as follows:- Community Interest Companies (CICs) These are like “normal” companies except that these have “CIC” after their name rather than “Limited”.

Non-Profits

PYMNTS

DECEMBER 16, 2016

Exports from Belarus’s main IT hub totaled $705.6 Many global corporations are consumers of software development in Belarus, including Mitsubishi, British Petroleum, Reuters, British Telecom, London Stock Exchange, World Bank and Coca-Cola. The nation is known for its well-educated population and low labor costs. million in 2015.

Technology

Going Concern

APRIL 12, 2024

billion won in corporate taxes, but its management team recorded the amount as a receivable in its financial statements. Blattman said his main concern now is getting the paperwork he dropped off at the start so that he can try to get it to another tax preparer, though he doubts he can find someone to get to it in time.

CPA

ThomsonReuters

SEPTEMBER 22, 2021

Tax compliance — and the reporting involved in maintaining that compliance — is one of the most stressful tasks a corporate tax team must complete. It should give teams complete control over company tax reporting, allowing them find the right level of data quickly. What is a tax data warehouse?

income tax

Menzies

OCTOBER 21, 2022

What’s in the Main pool? Main pool capital allowances offer tax relief for items that are moveable or classed as ‘plant and machinery’ including furniture, computers, and televisions. These items will also qualify for the 100% AIA up to the annual limit of £1 million limit and 6% afterwards.

Tax

Menzies

OCTOBER 6, 2023

For example, consider a company that has a corporation tax liability of £1 million for the 12-month period ending on 31 March 2024. The Full Expensing first year allowance will effectively reduce the company’s corporation tax liability by £250,000. Who Is Eligible to Claim the Allowance?

corporation tax

xendoo

AUGUST 9, 2021

Corporate tax preparation . Depending on which plan you choose, in addition to handling your corporate taxes, Xendoo will also prepare your personal returns. . The main difference between the two is time. An online bookkeeping service can help you manage: . Financial statements . Payroll and more.

bookkeeping

Menzies

JANUARY 18, 2024

When do I need to pay my corporation tax? Unless you are making high profits, most UK businesses pay their corporation tax 9 months and 1 day after their year-end. As well as factoring in when you have the cashflow to pay your tax, you should also consider when you make your profits.

Retail