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....
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...
