by Controllers Council | Aug 20, 2021 | Tax
Federal tax changes have the potential to make a significant impact on U.S. businesses. Finance executives and other personnel should be familiar with these upcoming changes so that they can be prepared and plan to adapt. In this article, we’ll cover some of the...
by Controllers Council | Aug 16, 2021 | Legislation, Tax
Understanding depreciation and amortization is crucial when calculating business deductions. These deductions adhere to guidelines set by U.S. law. Financial officers must understand how to navigate these regulations in order to manage their company’s finances. ...
by Gail Cole | Jul 30, 2021 | Tax
Keeping a finger on the pulse of relevant tax changes is one of the key responsibilities of accounting and finance professionals, and it’s a big job. During the first half of 2021, there were the requisite sales tax rate changes, as always, but there were also several...
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 28, 2021 | Tax
When you think complexities in taxes, which areas come to mind? Corporate taxes—ranging from AMT to payroll—are probably atop the list. For ecommerce companies, the answer is sales tax in the wake of Wayfair. But how about use tax? Often overlooked, this usually goes...
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,...