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In this video, discover how your organization can optimize your tax strategy, minimize liabilities and maximize savings through strategic tax analysis and planning. Learn how a holistic approach in assessing your company’s tax landscape and identifying opportunities for optimization. Whether you are navigating complex international tax structures, exploring new markets or seeking compliance and asset management solutions, this webinar is tailored to provide actionable insights and strategi
The IRS on July 26 updated frequently asked questions (FAQs) on the New, Previously Owned, and Qualified Commercial Clean Vehicle Credits, including guidance related to eligibility rules, income limitations, transfer rules, and dealer registration. The FAQs in Fact Sheet 2024-26 supersede earlier FAQs that were posted in Fact Sheet 2024-14 by the IRS on April 16, 2024.
Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te
Good morning! I have a sneaking suspicion the news will be pretty dry today but as always, hoping for the best. Fingers crossed. India Today explains why US firms love hiring accountants in India : Consequently, American firms are increasingly turning to other countries to fill the gap, particularly eyeing India for its highly skilled accounting professionals.
In the high-pressure world of tax and accounting, where long hours and strict deadlines are the norm, building a strong organizational culture is crucial for addressing burnout and reducing turnover.
In the high-pressure world of tax and accounting, where long hours and strict deadlines are the norm, building a strong organizational culture is crucial for addressing burnout and reducing turnover.
A program designed to ease attainment of the final 30 hours of the education requirement for CPA licensure has expanded since it began offering online courses last semester. The Experience, Learn and Earn (ELE) Program – jointly sponsored by the American Institute of CPAs (AICPA) and the National Association of State Boards of Accountancy (NASBA), and offered through Tulane University’s School of Professional Advancement – currently has 94 summer-session students representing more than 50 employ
NetSuite’ s 2024.2 release, scheduled for rollout between August 16 and October 26, 2024, brings significant improvements across various areas of the platform. This latest release introduces a comprehensive set of new features to give organizations visibility into workforce costs, boosting bill capture accuracy and increasing bank connectivity. Key Enhancements Enhanced workforce cost analysis capabilities, allowing better visibility into labor expenses across departments.
Policies that lower the foreign taxes of U.S.-based multinational corporations are unlikely to benefit domestic workers, according to a recent academic study.
Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i
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Wolters Kluwer Tax & Accounting has signed an agreement with Belgian fintech company Isabel Group to acquire its accountancy portfolio of cloud-based financial workflow and data exchange solutions for €325 million in cash.CodaBox, ClearFacts, Clearnox, Zoomit, and Flowin facilitate the seamless and secure transfer of bank statements, invoices, and other relevant data to optimize client collaboration and address the e-invoicing compliance needs of accounting firms and their clients across Eur
Menzies LLP - A leading chartered accountancy firm. Choosing a suitable structure for your Not for Profit entity is a confusing task with lots of bewildering acronyms (CICs, CIOs , CASCs etc) and similar names, (Community Interest Companies, Community Amateur Sports Clubs, Community Benefit Societies). This makes it difficult to know which is the most appropriate structure to use.
Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.
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Kate Barton, a longtime EY executive who retired from the Big Four firm in June, was elected by the global board of directors and global advisory committee of the law firm Dentons to succeed Elliott Portnoy as global CEO. Portnoy, whose term ends on Nov. 9, 2024, has served as global CEO of Dentons since the firm launched in 2013. Barton will join the law firm in September and will begin her term as global CEO on Nov. 10.
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Withum is proud to share that the Los Angeles Business Journal (LABJ) has named Kerra Diener , Partner, and Lilit Nersisyan , Principal, on their Leaders of Influence: Women in Accounting list for 2024. Kerra Diener, CPA, is a Partner assisting multi-national and multi-state business entities with a wide range of federal and state tax topics. Her clients operate in various industries, including manufacturing, distribution and logistics , professional services , real estate , theatre and entertai
The National Association of Tax Professionals (NATP) gave IRS Commissioner Danny Werfel its first-ever Vanguard award at Taxposium 2024, which was held July 22-24 in Orlando. The NATP Vanguard Award will be given each year to an individual within the tax industry who makes a significant contribution to advancing the federal tax industry, promoting fairness, efficiency, and compliance.
Every real estate investor’s goal is to earn income from the cash flow and the appreciation of their investment. While it’s preferable for an investment to show no taxable income while having positive cash flow during the period of ownership, the sale or disposition of such an investment creates a challenge from an income tax perspective when cashing in on the sale of appreciated property.
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Top 200 accounting firm BGM (Boeckermann Grafstrom & Mayer) has added SealedBid, a specialized lower mid-market mergers and acquisitions (M&A) firm based in Minneapolis. Bloomington, MN-based BGM and SealedBid have referred clients to each other and had a collaborative relationship over the last 30 years. With SealedBid joining, BGM’s team now boasts 170 professionals.
Contributor: Jacquelin LaClair Contractor Business Systems are an important aspect of government contracting, and the estimating system is one of the key systems that contractors need to focus on. The Defense Federal Acquisition Regulation Supplement (DFARS) 252.215-7002 cost estimating system criteria benchmark the level of detail required for an acceptable estimating system.
Anything you do, whether it’s baking a cake, building a model, practicing law – drafting a petition, creating an estate plan – involves process. But many times, attorneys do not treat practicing law as having steps because it feels like second nature. Let’s take a single example. In drafting a deed, one must describe the parties, describe the property, assure you have the right document for your jurisdiction and ensure the deed is properly executed and recorded.
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By Teresa Xie, Stephanie Lai and Alicia Diaz, Bloomberg News (TNS) Donald Trump said he would fire the Securities and Exchange Commission chair and pick crypto-friendly regulators if he returns to the White House in a bid to court virtual currency enthusiasts and harness the industry’s growing influence in the political arena. “This afternoon, I’m laying out my plan to ensure that the United States will be the crypto capital of the planet and the bitcoin superpower of the world and we’ll get it
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