by Controllers Council | May 24, 2022 | Audit, Governance, Tax
In today’s business climate, it’s not enough to simply generate a strong bottom line. Many companies aim to meet Environmental Social Governance (ESG) criteria. To satisfy these criteria, an organization must meet certain benchmarks when it comes to sustainable...
by Morgan Coleman | Mar 14, 2022 | Sales Tax, Sponsor News, Tax
It probably comes as no surprise that tax compliance is unpredictable and difficult to navigate, much like almost everything we’ve experienced in recent years. Controllers, accounting and finance professionals, or just about anyone who deals with tax will benefit from...
by Gail Cole | Mar 1, 2022 | Sales Tax, Tax
Don’t let the name fool you: Though sales tax holidays give consumers a break from sales tax, they generally mean more work for retailers. What is a sales tax holiday? A sales tax holiday is a time when state and/or local sales tax doesn’t apply to transactions that...
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 Gail Cole | Aug 26, 2021 | Tax
Although it’s been three years since the Supreme Court of the United States issued its landmark opinion on South Dakota v. Wayfair, Inc. (June 21, 2018), some businesses continue to underestimate the impact of the decision. That’s a gamble that won’t pay off for long....
