Sun.May 14, 2023

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IRS Publishes Initial Guidance for Domestic Content Tax Credit

CPA Practice

The Department of Treasury and the Internal Revenue Service has issued Notice 2023-38 (pdf) for owners of green energy projects, such as wind, solar and energy storage technologies. Domestic content is generally defined as steel, iron or manufactured products that are manufactured or produced in the United States. This notice of intent to propose regulations provides initial guidance regarding the application of the rules that taxpayers must satisfy to qualify for the domestic content bonus cred

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QBO-Payroll Now Supports 943 filings for All Customers

Insightful Accountant

QuickBooks Online Payroll has transitioned from only supporting Form 943 businesses with new subscriptions to supporting all QBO Payroll subscribers needing to file Form 943 for their agricultural businesses.

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Aotearoa New Zealand’s $7.8 billion digitalisation opportunity

Xero

When it comes to productivity, it’s no secret Aotearoa New Zealand lags heavily behind our OECD counterparts. In fact, our recent research shows Kiwis would need to work 20 percent more to reach the average OECD GDP output. For Kiwis working a 40-hour work week, this is equivalent to working an extra day per week to make up the labour productivity gap – and that’s just to reach the average productivity mark.

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Why Automation is Key to Transforming Your Accounting Practices

Insightful Accountant

Dext's Sabby Gill shows us how you have a chance to improve your workday—including all those mundane administrative tasks—with automation.

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New DOL Final Overtime Rules: Quickstart Guide for Employers

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.