Mon.Jun 14, 2021

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Artificial Intelligence is Revolutionizing Schedule K-1 (Form 1065)

ThomsonReuters

Each year, more than 40 million Schedule K-1 (Form 1065) are sent to US taxpayers, reporting income and other financial information stemming from their participation in partnerships, S corporations, and trusts. Unlike W-2 forms and other IRS-mandated documentation, however, K-1s needn’t be produced in a standard format, so they come in a variety of formats and may include unstructured data, free-form text, footnotes, statements, and disclosures.

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Ecommerce Valuation: How To Value Your Ecommerce Business?

Sharp Sheets

In this article we explain you how to assess an accurate valuation for your business, whether you have a Shopify store, Amazon FBA business, or any type of e-commerce shop. The post Ecommerce Valuation: How To Value Your Ecommerce Business? appeared first on SharpSheets.

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Independence Matters Every Day in Business Valuations

Merrimack Business Appraisers

As July 4th approaches, Americans seem poised to celebrate Independence Day with more spirit than ever. Yet, here at Merrimack Business Appraisers, independence holds meaning for us all year long. In order to promote and preserve the public trust, our appraisal practice observes the highest standards of professional ethics, including an unwavering commitment to independence. […].

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The Two Pizza Rule and the Value of IT Automation for Tax and Accounting

ThomsonReuters

Remote work, along with the tools used to connect teams and apps, is on everyone’s mind these days. How do you know when it’s time to automate processes? How do you know when you need tools to connect teams? As usual, the big brains at Amazon are way ahead of us. . Consider this: T he Guardian reports , “ I n the early days of? Amazon , Jeff Bezos instituted a rule: every internal team should be small enough that it can be fed with two pizzas.

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How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

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Last Week in Payroll: Localization of Work

ThomsonReuters

Localization of Work. In May of 2004, the U.S. Department of Labor (DOL) issued Unemployment Insurance Program Letter (UIPL) 20-04 to state workforce agencies regarding the localization of work provisions. The UIPL discusses the principles for determining where wages should be reported when work is performed entirely in one state or in a number of different states.