As selling overseas becomes easier and staff becomes more internationally mobile, understanding foreign tax filing requirements is critical. A good place to begin is by considering the permanent establishment threshold.
As transactions increase their reliance on contingent consideration, it is important to ensure they are valued correctly.
As your business grows and becomes more complex, your audit needs evolve. You might feel an increasing need for industry specificity, or perhaps your data management challenges demand modern applications and processes.
Regulators share direction on risk management strategies for banks when partnering with third-party organizations.
A more tech-savvy IRS? That’s the plan, and it’s happening soon. In the 2024 tax filing season, taxpayers will have the option to go entirely paperless with the IRS.
In good news for the automobile repair industry, Virginia has enacted a new sales tax exemption for separately stated labor charges rendered in connection with diagnostic labor services for auto repair work and emergency roadside service for motor vehicles, even if tangible property is sold as part of the transaction.
The GASB has issued guidance on the development of note disclosures as part of its framework for establishing consistent accounting and financial report standards.
Unless your business is taking advantage of the special export tax incentive known as IC-DISC (interest-charge domestic international sales corporation), you may be leaving money on the table.
Decarbonizing commercial real estate is becoming an industry-wide imperative. Tax incentives in the Inflation Reduction Act give taxpayers several options to offset the cost of energy-efficient upgrades.
The US has issued an executive order banning all federal contractors and employees from downloading or using TikTok on any device that is owned by the government, citing security concerns. This ban has sparked much debate about the future of the platform and what this means for users.
As Internet Explorer will discontinue browser security updates by August of 2021, this site is best viewed using Google Chrome, Safari or Microsoft Edge.
