August, 2021

Setting Up a Legal Entity – Top 10 Things to Know


Setting Up a Legal Entity - Top 10 Things to Know. A legal entity is a branch or subsidiary office set up in a foreign country by a company looking to expand their business in that country.

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The Enigma of Drop Shipments for Sales Tax Purposes


Sales tax is full of complexities, but there are certain topics that seem to cause more of a headache than others. Drop shipments are one of those topics.

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Tax Reform Agreement Reached Between G7 Nations


Global tax reform has been a popular topic across nations, and has become a heightened discussion subject as the digitalization of the economy has transpired. As of June 5, 2021, a proposal for a communique issuance has emerged across G7 Nations.

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Exciting Clients… with Review Meetings!


RESOURCES / ARTICLES. Exciting Clients…. with Review Meetings! Accountants interpret financials to advise clients, sometimes through ‘quarterly [or monthly] review’ meetings. How do we get clients excited (and willing to invest) in these meetings?

Global Accounting Principles and Commission Capitalization

Speaker: Ryan Dillard, Chief of Staff Director at CBIZ ARC Consulting LLC; Kelly Hicks, Global Controller at Airbase

Join us for this webinar, where Airbase Controller Kelly Hicks and Ryan Dillard, a Director at CBIZ ARC Consulting, explore how to approach capitalizing global sales commissions.

Fixed Price and Cost Reimbursement Contracts


When applying for government contracts, it’s important to understand the types of contract options that are available to you. Each type of contract carries its own risks and opportunities and can help you make decisions when compiling your proposal.

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Possible Tax Consequences of Guaranteeing a Loan to your Corporation


What if you decide to, or are asked to, guarantee a loan to your corporation? Before agreeing to act as a guarantor, endorser or indemnitor of a debt obligation of your closely held corporation, be aware of the possible tax consequences.

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More Trending

TaxConnex featured on Worldwide Business with kathy ireland® on Fox Business Network


TaxConnex is proud to announce that last Sunday, August 8, TaxConnex founder and CEO, Robert Dumas, was interviewed on the Kathy Ireland show as branded content! Robert was able to highlight TaxConnex’s unique offerings to businesses looking to outsource sales tax compliance.

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Creating Order for a Successful Global Payroll Process


Creating Order for a Successful Global Payroll Process. Successful global operations hinge on having order in your global payroll process.

4 Reasons Why Digital Transformation Is Table Stakes for Small Businesses


Small businesses are making the leap into digitalization to respond to evolving consumer behavior and expectations, adapting to new working norms, putting data to work to drive performance and building business resiliency.

3 Important Efficiency Metrics for SaaS Startups


Important efficiency metrics for SaaS startups include Sales Efficiency (aka the Magic Number), Human Capital Efficiency, and Capital Efficiency. The post 3 Important Efficiency Metrics for SaaS Startups appeared first on Burkland. Accounting CFO Insights Financial Modeling SaaS

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5 Ways to Improve DE&I in the Workplace

Diversity, equity, and inclusion are critical for an organization’s success. And companies that take bold action to help ensure an inclusive workplace will win every time. Discover how your company can create a culture that celebrates DE&I while achieving higher revenue and growth.

Tesla AI Day Highlights


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Your Bottom Line Is Taking The Hit. Is It Poorly Managed Accounts Payable?


6 min read. You know by now that accounts payable is more than just “paying the bills”. Accounting & Bookkeeping

The Pandemic's Impact on Businesses and Sales Tax: An Update


This article was written for the Atlanta Business Chronicle Leadership Trust. To see the original post, click here. In the fall of 2020, I published an article on how the sales tax picture is changing due to COVID-19.

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Australia Regulatory Updates – August 2021


Several regulatory updates have been made in Australia throughout the last few months. It is imperative that employers stay up to date with these policy changes, in order to avoid compliance regulations. Key changes are outlined below. Employer pension contribution rate increase.

Virtual Cards — Everything You Need To Know

Speaker: Eoin Hession, Controller at Recharge

Even though virtual cards have been part of the payments system for over ten years, there remains a lack of clarity around how they work and their value to companies large and small. In this webinar, Eoin Hession, Controller at Recharge, talks about how his company uses virtual cards in their operations. Sign up today!

Preventing The Negative Effects of Inventory Stockouts with Automation


Not all businesses sell a physical product, but many businesses have inventory that is made up of materials used as a part of a service provided to a customer.

SaaS Metrics Simplified, Part One: Launch Metrics


To truly understand your SaaS company’s performance, you need to go beyond standard financial metrics, such as revenue and operating income, and dive into SaaS metrics. Debbie Rosler, Fractional CFO Read More. The post SaaS Metrics Simplified, Part One: Launch Metrics appeared first on Burkland.

California AB-150 Provides SALT Cap Work-Around


6 Ways To Prepare Your Small Business for (Possibly) A Second COVID Lockdown


8 min read. With COVID hot spots once again dotting the world map and U.S officials rolling out restrictions on social distancing, business owners should be considering what they can do now to prepare for the possibility of a second COVID shutdown. Leadership


How to Write OKRs: 45 Effective Examples

Many companies are embracing objectives and key results (OKRs) as the best practice for committing to goals and following through. Objectives are outcomes that reflect current company priorities. Each employee should write OKRs that roll up to larger company goals.

The Growth of E-Commerce and Your Sales Tax Obligation


Is it just your imagination or is e-commerce expanding every year? It’s not your imagination. Let’s see some numbers : 5% of global internet users have purchased products online. The e-commerce industry is growing 23% year-over-year (yet 46% of American small businesses still don’t have a website).

Inclusion and Emerging Work Models


The post Inclusion and Emerging Work Models appeared first on Global Upside. Company Updates ragu bhargava equity HRO Today hybrid work diversity inclusion


What Is the Hobby Loss Rule & How Can It Impact Your Business?


What Is the Hobby Loss Rule? If your business goes too many years without making a profit, it can be classified as a hobby. When it becomes a hobby, you can no longer claim losses as business deductions.

Is “Remote-First” the Future of Work for Startups?


Many companies find themselves in return-to-work limbo, trying to determine what expectations to set for employees who have been working from home for more than a year. Making these decisions Read More. The post Is “Remote-First” the Future of Work for Startups? appeared first on Burkland.


Building Smart with Distributed Teams

Speaker: Sam Ross, General Counsel at Remote; Jenny Bloom, former CFO at Zapier & Darren Murph, Head of Remote at GitLab

It’s clear that distributed teams are here to stay in some form or another. Adapting to this reality means finding the right systems and processes that support remote workers — including international ones — while controlling for risks and communication challenges. Watch to find out more!

How New Business Start-up Expenses are Handled on your Tax Return


Despite the COVID-19 pandemic, government officials are seeing a large increase in the number of new businesses being launched. From June 2020 through June 2021, the U.S. Census Bureau reports that business applications are up 18.6%.

Minimizing Costs While Maximizing Growth


Growing a business and setting it up for continued growth is a challenge that many new and veteran business owners face. In the start-up phase, a business will typically find itself with basic accounting software, order processing techniques, etc.

Video Conferencing: Has the Pandemic Created a New Taxation?


Ever had a bad connection on a video conferencing platform? It can be a confusing and frustrating experience. That’s a lot like understanding the taxes on videoconferencing services right now.

The Seamless Way to Access Global Talent


Get instant access to the PDF here: Australian Financial Review. The post The Seamless Way to Access Global Talent appeared first on Global Upside. Company Updates ragu bhargava australia Australian Financial Review global talent hybird work


The First 90 Days: Onboarding Checklist

Connect with your people from day one with this development and engagement checklist.

LLC, S Corp, Sole Prop, Partnership: What Is Best for My Business?


As a small business owner, there are many decisions you will need to make that will impact your company for years to come. Among these decisions is which corporate entity is best for your business.

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Surviving Due Diligence, Part 2: Employee vs. Contractor


Misclassification of employees and independent contractors is one of the most common pitfalls startups face during a due diligence process. The post Surviving Due Diligence, Part 2: Employee vs. Contractor appeared first on Burkland. Fundraising HR Operations Taxes

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Prevent Conflicts of Interest from Costing Your Business


Without trust between you and your employees, your business probably wouldn’t be very successful. Delegating responsibility, sharing ideas, working as a team — all require a certain level of trust. However, too much trust can lead to occupational fraud and conflicts of interest.

KROST Director, Keith Hamasaki is Recognized by LABJ as a Minority CPA of Influence


Keith’s hard work and dedication to the needs of his clients have been hallmarks of his time at KROST, and as the industry leader for KBI he has taken his client service to the next level.

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Telling a Great Story with Data

Speaker: Jeff Epstein, Operating Partner at Bessemer Venture Partners, & Aneal Vallurupalli, CFO at Airbase

Data can create and even change a story — this is a key theme in an enlightening discussion between Jeff Epstein, Operating Partner at Bessemer Venture Partners, and Aneal Vallurupalli, CFO at Airbase. Watch the video to discover how!