by Controllers Council | Dec 27, 2021 | Audit, Tax
While taxes are an annual concern, the coming year will bring changes that accounting professionals should understand. Understanding these 2022 tax changes can help controllers and corporate accountants prepare for the tax year, ensuring compliance with established...
by Angie Longacre | Dec 3, 2021 | Audit, Controller Insights, Tax
Auditors typically direct their attention to organizations most prone to tax mistakes — whether opportunities for error lie within an industry or a tax category. Businesses that must collect and remit sales and use tax are among those that tend to attract a lot of...
by Controllers Council | Jun 7, 2021 | Audit, Tax
President Trump signed the Tax Cuts and Jobs Act (TCJA) into law on December 22, 2017. The Act introduced sweeping changes to the U.S. tax landscape on a scale not witnessed in over 30 years, effectively dividing the tax regime into pre and post TCJA eras. As...
by Controllers Council | Apr 18, 2021 | Audit, Tax
Growing companies face a lot of challenges—but one of the biggest ones? Compliance. From new rules on the federal level to nuances on the state level, complying with rules on how to run your business and pay taxes can become a challenge. One of our newest sponsors,...
by Controllers Council | Feb 8, 2021 | Audit
Internal controls reporting represents significant work, significant risk, and a significant challenge for corporate finance professionals. A core portion of the job responsibility for controllers and those throughout the department, many leaders find themselves...
by Controllers Council | Feb 6, 2021 | Audit
The audit process is rarely something that you or your team considers fun. No one looks at the thought of an audit—opening your books to people who you don’t know, letting them poke and prod through your documents, and waiting for answers—and thinks to themselves,...