Thu.Apr 15, 2021

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Proposals with Less Pain and More Gain

PANALITIX

RESOURCES / ARTICLES. Proposals with. Less Pain and More Gain. Many firms struggle with creating and sending proposals efficiently. Moreover, the final product is often an underwhelming-looking, intimidating, lengthy text document. Panalitix offers a complete solution to improve both the proposal generation process as well as the user experience for your clients.

Start-ups 227
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Selling Into the U.S. - Understanding How Customer Location Impacts Which Sales Tax Rates and Rules You Apply

TaxConnex

The United States has possibly the world’s most complex sales tax regime. This is because each state sets its own sales tax rules, and states often take widely varying approaches. As a result, each state has a different tax framework, with varying rules around everything from tax liability and tax rates to exemption categories and reporting requirements.

Sales 131
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R&D Tax Credits – Important Things to Know

MyIRSRelief

As a taxpayer, one of the most daunting and potentially stressful times of the year is April 15th. Staying in the good books of the IRS is imperative, not only for your finances and the reputation of your business, but also for your mental health and sanity in the process. This is where it pays to stay up to date with the various goings on in the world of taxation.

Tax 100
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2020 Tax Update for the Tax Planner – Part 1

CTP

There have been so many tax changes this year! As you might expect, it is difficult to cover them all. We’ll try to highlight a handful of changes that we think will be most relevant to you as a tax professional. We’ll skip over the changes that are compliance-related, and focus on the provisions from […]. The post 2020 Tax Update for the Tax Planner – Part 1 appeared first on certifiedtaxcoach. 2020 Tax Update for the Tax Planner – Part 1 was first posted on April 15, 2021 at

Tax 98
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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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The Big Shift: Positioning your firm to help clients evolve

ThomsonReuters

Business needs are changing, requiring companies to seek new strategic capabilities. Tax and accounting firms are uniquely positioned to be strategic advisors and service providers for their clients—but CPA firms must evolve, too. Modern businesses face unique challenges when trying to grow and stay competitive in a rapidly changing business environment.

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The Importance of Budgeting Reports

AccountingDepartment

Budgeting is essential for operating a successful business. While learning the ins and outs of creating a working budget may seem intimidating, it doesn't have to be. Budgets are simply informed estimates about how much your organization will bring in through sales and other activities, and how much you expect to spend during a predetermined period.

Sales 52

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Are Plan Administrators Required to Obtain Electronic Credentials Under the DOL’s EFAST-2 Form 5500 Filing System?

ThomsonReuters

QUESTION: We will be using a third-party preparer and approved third-party software to submit our Form 5500 under the DOL’s EFAST-2 electronic filing system. As the plan administrator, do we need to obtain electronic credentials? ANSWER: Plan administrators must obtain electronic credentials for Form 5500 filing unless they decide to use the e-signature option (described below).

Tax 52
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4 Legal Elements of Fraud

FraudFiles

Tracy talks about the definition of fraud, and the four legal elements that are generally required. Laws vary from state to state, so you can see some variation here, but this is the “textbook” definition. The elements of fraud include: intentional misrepresentation, knowledge of the falsehood, reliance on the fact, and damage as a result.

Legal 52
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Fiduciaries Did Not Breach Duties by Hiring TPA That Allowed Identity Thief to Withdraw 401(k) Funds

ThomsonReuters

Bartnett v. Abbott Labs., 2021 WL 428820 (N.D. Ill. 2021). A federal trial court has dismissed certain of a 401(k) plan participant’s claims stemming from an identity thief’s unauthorized withdrawal of $245,000 from her plan account. The thief had accessed the participant’s account through a website maintained by the plan’s TPA and added deposit information for a new bank account.

Account 52
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April 15 – Thinking About the Taxman

RitaKeller

“When you’ve seen beyond yourself, then you may find, peace of mind is waiting there.” – George Harrison. TAXMAN – The Beatles. Let me tell you how it will be There’s one for you, nineteen for me ‘Cause I’m the taxman, yeah, I’m the taxman . Should five percent appear too small Be thankful I don’t take it all ‘Cause I’m the taxman, yeah I’m the taxman .

Tax 45
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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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Commercial Real Estate Opportunities In Skagit County NOW

SkagitCountyTaxServices

As a Skagit County small business owner, you’re no doubt fully aware of the importance of your business location. This is especially the case if you have a retail store or deliver a service where Skagit County customers come to you — you need a location with ease of access and foot traffic. Even if you just need an office from which your staff can work – perhaps a blasphemous concept in the current work-from-home era – your choice of office location and amenities is an important decision.

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Anatomy of a CAP Audit

Withum

audit 59
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DOL Releases 2021 Annual Self-Insured Health Plans Report to Congress, Analyzing 2018 Data

ThomsonReuters

Report to Congress: Annual Report on Self-Insured Group Health Plans (Mar. 2021); Appendix A, Group Health Plans Report: Abstract of 2018 Form 5500 Annual Reports Reflecting Statistical Year Filings (Jan. 2021, v. 1.0); Appendix B, Self-Insured Health Benefit Plans 2021: Based on Filings Through 2018 (Dec. 22, 2020). Report. Appendix A. Appendix B. The DOL has made available its required annual report to Congress on self-insured health plans.

Tax 52
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Court Allows Claims Against Religious Employer for Denial of Same-Sex Spousal Health Benefits

ThomsonReuters

Doe v. Catholic Relief Servs., 2021 WL 1164227 (D. Md. 2021). Available at [link]. Doe%20v%20CRS%2026%20Mar%2021.pdf. An employee sued his employer under Title VII and other federal and state laws after the employer dropped health plan coverage for the employee’s same-sex spouse. The employer—an organization affiliated with the Catholic Church—had assured the employee during the recruitment process that “all dependents” were covered under the plan, and the spouse was initially covered without c

Legal 52
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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of