ThomsonReuters

JULY 25, 2023

Jump to: What is an overpayment on taxes? Overpayments and repayments in the current year Overpayments and repayments in subsequent years Preventing tax overpayments What is an overpayment on taxes? In simple terms, an overpayment on taxes is paying more than what is owed.

98

98

Appraisers Blog

JUNE 14, 2023

1100 sqft 3 bedroom 2 bath vs 1200 sqft 3 bedroom 2 bath I truly wonder how many typical market participants would even realize the difference. I am of the camp it may sometimes not be the best practice to make an adjustment just because math says one should.

Marketability 67

Marketability 67

ThomsonReuters

NOVEMBER 15, 2023

Jump to: What is Form 8283? Boat donation tax deduction What is the cost basis for non-cash charitable contributions? Tax deduction for donation of clothing What are the rules for non-cash donations? What is Form 8283? What is the cost basis for non-cash charitable contributions? Form 8283 is used to ensure U.S.

Fair Market Value 98

Fair Market Value Appraisal Compliance Marketability 98

Appraisers Blog

JUNE 14, 2023

Every line item adjustment (no matter what it is) should be in terms of differences in VALUE recognized by the market you are appraising in NOT COST! Underwriters and reviewers claim that it is an “un-written rule of Fannie Mae). less than the one next door, so I am going to offer $80 less” I did a review of a $3.8

Comps 67

Comps Appraisal Marketability 67

Appraisers Blog

JUNE 14, 2023

Do I understand what is being stated correctly? We shouldn’t have a variance for a difference in square footage when we adjust BUT we should round for the adjustment made? Always adjust for every square foot difference even if it is 5 square feet so that the reader isn’t confused?

Appraisal 66

Appraisal Marketability 66

ThomsonReuters

JUNE 16, 2023

When one thinks of accounting fraud, it is likely that these are some of the cases that come to mind. However, most cases of accounting fraud will not make news headlines and can happen in companies of all sizes and industries. Do you know how to spot it? How widespread is corporate fraud? What does this mean?

Banking 93

Banking Finance 93

ThomsonReuters

MAY 4, 2023

In this article, we discuss the importance of setting a client scope agreement, what components make up a successful scope agreement, and why you should invest in one early on in a client relationship. How do you know you are lacking in client scope? How do you define a successful scope agreement?

Start-ups 96

Start-ups 96

Value Scope

JULY 21, 2020

It was a hot topic before the COVID pandemic, in discussions to measure and value how companies engaged in sustainable and societally beneficial activities. This work can be used to reconcile and support an adjustment to the CAPM, then the WACC, via Alpha and Beta. What does this really mean?

Intangible Assets 130

Intangible Assets Beta Alpha Unlevered Beta 130

ThomsonReuters

FEBRUARY 8, 2024

Jump to: What are the main accounting assumptions? Going concern assumption: A closer look How do common accounting assumptions relate to GAAP? And remaining aware of relevant assumptions when serving clients is critical. What are the main accounting assumptions? How do common accounting assumptions relate to GAAP?

Data Analysis 96

Data Analysis 96

ThomsonReuters

OCTOBER 27, 2023

One reason firms fail to plan is that it’s difficult to decide how much to give away and to whom. Another challenge is that some clients don’t appreciate the value you’re giving them when you do offer pro bono services. As we consistently tell Practice Forward firms: make sure you’re articulating your value.

Start-ups 59

Start-ups Accounting Firms 59

ThomsonReuters

APRIL 18, 2023

To better help clients navigate payroll, it is important that accounting professionals understand some of the most common payroll mistakes and how to avoid errors before they arise. What are common payroll errors? Other factors would only be considered if the two core factors were not helpful in making a worker determination.

Compliance 107

Compliance Technology 107

Startup Valuation Blog

AUGUST 10, 2023

To delve deeper into the world of equity incentives and discover how they can revolutionize your startup's growth strategy, keep reading below As the founder of a startup, one of your key responsibilities is to attract and retain top talent that can drive your company's growth and success. Why Are They Important for Startups?

Equity 100

Equity Business Valuation Compliance Start-ups 100

Startup Valuation Blog

AUGUST 10, 2023

To delve deeper into the world of equity incentives and discover how they can revolutionize your startup's growth strategy, keep reading below As the founder of a startup, one of your key responsibilities is to attract and retain top talent that can drive your company's growth and success. Why Are They Important for Startups?

Equity 100

Equity Business Valuation Compliance Start-ups 100

ThomsonReuters

AUGUST 10, 2023

Here, we will talk through some best practices when implementing new audit software solutions as well as some common pitfalls that can arise throughout the process. have a “digital transformation strategy” already in place, notes Boston University’s (BU) The Blog Chain.

Technology 97

Technology 97

ThomsonReuters

APRIL 25, 2023

Employers and payroll professionals look to these monthly numbers to make changes and adjustments to payroll systems and also to forecast possible impact on the business in the near future. Recently, an economist went over the finer points of the CPI and how it relates to payroll. What is the CPI?

Start-ups 59

Start-ups Marketability 59

ThomsonReuters

APRIL 18, 2023

They rely heavily on cash flow statements and the expertise of their accountant to make informed strategic business decisions. Inaccuracies can result in misinformed decision making, which can be devastating to a business. So, what are common mistakes in the cash flow statement and how can you help clients improve cash flow management?

Finance 59

Finance Start-ups Dividends Equity 59

ThomsonReuters

MARCH 12, 2021

We survived, but what on earth do we do now? When the day comes when you’re ready to step away from your business, are you prepared to do more than just simply turning out the lights? When the day comes when you’re ready to step away from your business, are you prepared to do more than just simply turning out the lights?

Accounting Firms 98

Accounting Firms Start-ups Marketability 98

ThomsonReuters

APRIL 23, 2021

Now, after navigating through turmoil and confusion, we find ourselves still adjusting to becoming a fully functional remote CPA. He began planting seeds within his team about some of the tools needed to make a large virtual shift. When you look at the pandemic environment, one of the biggest decisions was technology,” says Paul. “We

Technology 105

Technology Accounting Firms 105

ThomsonReuters

APRIL 13, 2023

Most likely, they’ll come back next tax season and perhaps from time to time throughout the year as they make key decisions. Here are the top 5 ways to help them make the transition, as well as the “why” and “how” of the retainer agreement system. Here are 5 steps to make it easier.

Accounting Firms 59

Accounting Firms Finance 59

ThomsonReuters

NOVEMBER 15, 2023

Charitable contributions from IRAs How much of a donation is tax deductible? For accountants, understanding the ins and outs of tax deductions for charitable contributions , including how to properly report monetary donations using Schedule A, is an essential part of tax planning for clients. How much of a donation is tax deductible?

Fair Market Value 94

Fair Market Value Banking Marketability Compliance 94

ThomsonReuters

JUNE 9, 2023

In this blog post, we’ll provide some tips on how to ensure your firm is audit compliant and up to date with the latest industry changes. How do you ensure audit compliance? By identifying these technologies early on, firms can stay ahead of the curve when it comes to ensuring audit compliance. compatible.

Compliance 98

Compliance Technology 98

ThomsonReuters

MAY 4, 2023

In this article, we discuss the importance of setting a client scope agreement, what components make up a successful scope agreement, and why you should invest in one early on in a client relationship. How do you know you are lacking in client scope? How do you define a successful scope agreement?

Start-ups 59

Start-ups 59

ThomsonReuters

JULY 6, 2023

It is important for M&A advisors to understand the client’s goals for the transaction and how the company will benefit from it. By understanding all aspects of a deal – both financial and non-financial – M&A advisors can ensure clients receive the best outcome when executing their merger and acquisition transactions.

Discounted Cash Flow 52

Discounted Cash Flow Start-ups Private Equity Firm Accounting Firms 52

Sun M&A

MAY 24, 2023

When it comes to selling your business, there are many important factors to consider. Understand What Buyers Want From an Acquisition While you may have unique selling points for your business, consider testing the market to see what your ideal buyer is looking for. Do they want to increase market share or scale up operations?

Start-ups 40

Start-ups Marketability 40

Value Scope

AUGUST 31, 2020

Click to Download: How to Avoid Chapter 22 in Restructuring Work for Energy Companies. The challenges and complexities of energy markets make reorganization plans hard to properly formulate. The challenges and complexities of energy markets make reorganization plans hard to properly formulate. Generalists will make mistakes.

Capital Structure 130

Capital Structure Finance Marketability Compliance 130

ThomsonReuters

AUGUST 5, 2022

When making the business case for investing in automated indirect tax technology (IDT) and technology implementation, what the company stands to gain in terms of efficiencies and return on investment (ROI) are certainly important key factors, but the discussion must eventually come around to cost. What recurring costs (e.g.,

Technology 52

Technology Compliance Finance 52

RNC

MARCH 20, 2024

What are these mistakes in real estate property valuation ? Let’s find out in this blog. Failing to Adjust for Unique Property Characteristics Every property has unique characteristics that can influence its value, such as location, view, amenities, or historical significance.

Data Analysis 52

Data Analysis Marketability Compliance Technology 52

ThomsonReuters

JUNE 16, 2023

Like many industries, the accounting profession is exploring how AI can improve efficiencies and help strained firms better serve clients. How will AI shape the future of accounting? What are the challenges? This article looks to address these questions and more. How is artificial intelligence used in accounting?

Technology 110

Technology Start-ups Compliance 110

ThomsonReuters

MARCH 5, 2024

. “It splinters out into so many different areas of business and life – employment, your hiring practices as an employer, [and] how you structure your business.” ” The TCJA took effect on January 1, 2018 and many of its provisions remain in effect through 2025. 199A TCJA provision is let to expire.

Compliance 98

Compliance Start-ups 98

ThomsonReuters

FEBRUARY 20, 2024

Jump to: What are general anti-avoidance rules (GAAR)? How are GAAR rules applied? What is the general anti-abuse rule? What are general anti-avoidance rules (GAAR)? In other words, what is considered to be “tax avoidance” can be interpreted and defined differently by different people. How are GAAR rules applied?

Compliance 52

Compliance 52

ThomsonReuters

JUNE 8, 2023

Tax season can be a hectic time for tax professionals, but the off-season is a perfect opportunity to take stock of your practice and make sure you’re ready for the upcoming year. Doing so will help you identify any areas where you can improve or make adjustments.

Start-ups 52

Start-ups Technology 52

Audit Board

SEPTEMBER 28, 2022

Heather Acker shares how Baker Tilly uncovers the next generation of internal audit talent. How Internal Audit Is Well-Positioned to Provide Strategic Value in a Disruptive Environment. How can agents of change in the internal audit profession thrive in this environment? Richard Chambers: I think those are great points.

Technology 98

Technology Compliance Marketability 98

Peak Business Valuation

MARCH 13, 2023

When valuing a printing business, many factors should be considered. Whatever your goals are, this information can help you make a better decision. A valuation expert uses multiples when determining a printing company’s value. Given how technology is changing the industry, this is vital.

Business Valuation 52

Business Valuation Fair Market Value Appraisal EBITDA 52

Shuster & Co.

AUGUST 15, 2023

While it is always a good idea to know roughly what your company is worth, there are key points where an accurate valuation may be needed, such as during the sale of a company, during shareholder or partnership disputes, and for estate and tax planning purposes. This information can help make educated strategic planning decisions.

Business Valuation 52

Business Valuation Book Value Accounting Firms Finance 52

ThomsonReuters

APRIL 6, 2023

Whether you’re an accounting student, a recent college grad, or a small business owner, you may have questions about what accounts payable is, how it works, and best practices. To understand the ins and outs of accounts payable, let’s take a look at some frequently asked questions. What is accounts payable?

Finance 52

Finance Technology 52

RNC

MARCH 20, 2024

What are these mistakes in real estate property valuation ? Let’s find out in this blog. Failing to Adjust for Unique Property Characteristics Every property has unique characteristics that can influence its value, such as location, view, amenities, or historical significance.

Data Analysis 40

Data Analysis Marketability Compliance Technology 40

Sun Acquisitions

APRIL 25, 2023

This is meant to help formulate more accurate valuations while also acting as reference points when discussing individual items during negotiations – having this data on hand helps streamline processes & ensures everyone involved has all necessary information before making decisions.

Start-ups 52

Start-ups Marketability Equity 52