Wed.Aug 25, 2021

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Be Careful. There Might be a “Visher” on the Line

RogerRossmeisl

“Vishing” may sound familiar, but unless you’re a fraud investigator, you probably haven’t encountered it. Unfortunately, that could change. soon. To foil a scam that increasingly takes advantage of remote workers, learn what vishing is and how your business can prevent it from infiltrating your network. Clarifying terms Vishing isn’t the same as “phishing.

CPA 229
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Teaching at Baruch

Withum

Friday, I start teaching for the first time at my alma mater, Baruch College. I will be teaching Financial Accounting to non-accounting majors. It will be presented on Zoom to 70 undergraduate students ranging from Freshmen to Seniors and it is a 3:45 PM weekly session for 15 weeks. My quandary is how to keep them engaged, interested and excited.

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Scholarships, While Usually Tax Free, May Result in Taxable Income

RogerRossmeisl

If your child is fortunate enough to be awarded a scholarship, you may wonder about the tax implications. Fortunately, scholarships (and fellowships) are generally tax free for students at elementary, middle and high schools, as well as those attending college, graduate school or accredited vocational schools. It doesn’t matter if the scholarship makes a direct payment to the individual or reduces tuition.

Tax 202
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The 5 Keys to a Faster Financial Close

AccountingDepartment

A yearly financial close can be a laborious process that accounting and finance departments dread. It requires tracking down information from other departments, ensuring financials are accurate, and identifying/correcting errors. However, a financial close is only as hard as the business makes it. Having processes and procedures in place from the start will help minimize the time it takes to finalize a close.

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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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Large Cash Transactions with your Business must be Reported to the IRS

RogerRossmeisl

If your business receives large amounts of cash or cash equivalents, you may be required to report these transactions to the IRS. What are the requirements? Each person who, in the course of operating a trade or business, receives more than $10,000 in cash in one transaction (or two or more related transactions), must file Form 8300. What is considered a “related transaction?

CPA 191
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Congress Moves Closer to Passing Reconciliation Bill (and Tax Increases)

Withum

Tax 128

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Tips for HealthTech Entrepreneurs from Nomad Health

Withum

52
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Indirect tax automation: Practical tips for companies beginning a tax transformation journey

ThomsonReuters

Not all companies think about indirect tax automation in the same way, and different companies are at different stages in their technological journey. According to the 2021 State of the Corporate Tax Department report by Thomson Reuters Institute only one-quarter of the companies surveyed already have robust indirect tax automation tools and practices in place, while others are just beginning their tax digitalization journey.