IVSC

FEBRUARY 19, 2023

IVSC is delighted to announce the appointment of four new international experts to its Standards Review Board (SRB). The International Valuation Standards (IVS) bring consistency and help valuation professionals provide confidence and transparency. ” We are thrilled to welcome these internationally regarded experts to the SRB.

Finance 130

Finance Marketability Business Valuation 130

ThomsonReuters

OCTOBER 12, 2023

expats pay taxes? Paying taxes on money earned abroad Avoiding double taxation Helping clients who live abroad with their taxes U.S. income tax returns, just like individuals living in the United States. However, the tax obligations for expats can be different and more complex due to their international status.

Compliance 75

Compliance Banking 75

ThomsonReuters

APRIL 2, 2024

Jump to: The allegations The IRS investigation Ohtani’s response Implications for Ohtani and the Dodgers Broader impact on professional sports Uncovering the truth The Internal Revenue Service (IRS) launched an investigation into the financial scandal involving Shohei Ohtani, the star player for the Los Angeles Dodgers.

Banking 105

Banking Technology 105

ThomsonReuters

MARCH 17, 2023

As a trusted advisor to your clients, you understand the importance of having access to credible tax research sources to help you keep pace with today’s complex regulatory environment. This includes both primary and secondary sources of tax laws. What are the primary sources of tax law?

Treasury 59

Treasury Technology 59

ThomsonReuters

JANUARY 30, 2024

Over the next few years, dozens of countries will be rolling out mandates for e-invoicing and continuous transaction controls (CTCs) as part of a global trend toward the complete digitalization of tax reporting and remittance. What’s a tax director to do?

Compliance 52

Compliance 52

ThomsonReuters

MAY 12, 2022

What triggers a sales tax audit and how do you reduce the risk of an audit? Almost all companies undergo a sales tax audit at some point. This sales tax audit guide can help indirect tax teams avoid common audit triggers and manage the sales tax audit as smoothly as possible. What is a sales tax audit?

Compliance 105

Compliance Technology 105

ThomsonReuters

OCTOBER 14, 2021

After receiving payment for less than 1% of the billed charges and unsuccessfully seeking additional reimbursement using the plan’s internal claims process, the provider sued the plan and its claims administrator. The court explained that ERISA authorizes only plan participants and beneficiaries to sue for benefits.

Compliance 98

Compliance 98

ThomsonReuters

NOVEMBER 2, 2021

As a corporate tax professional, you know the complexities of complying with business taxation requirements. Your company may have to file corporate tax returns in multiple states and local jurisdictions, as well as with federal — and perhaps international — tax authorities. Every company in the U.S.

Technology 59

Technology 59

Appraiser Newsroom

OCTOBER 17, 2023

The conference agenda will feature presentations from nationally recognized speakers who are profession leaders, covering a range of fair value measurement and valuation topics, as well as other current and future expected trends regarding the FASB, SEC and international accounting standards. Vincent Covrig, Ph.D.,

Business Valuation 59

Business Valuation Accounting Firms Technology Marketability 59

Appraiser Newsroom

MARCH 20, 2024

These valuations have been used by clients to support allocations of purchase price in corporate mergers and acquisitions (for both accounting and tax purposes), litigation and arbitrations, bankruptcy and reorganizations, estate and gift taxes and planning, and corporate planning and internal restructuring.

Intangible Assets 52

Intangible Assets Compliance Equity Finance 52

BV Specialists

NOVEMBER 21, 2022

Working annually with a certified business appraiser can become a seamless part of your regular tax accounting processes and provide additional backup to your financial statements in the event any internal or external third parties ever want to review them with you.

Appraisal 84

Appraisal Banking Compliance Finance 84

ThomsonReuters

DECEMBER 17, 2021

In 2022, tax authorities around the world hope to finalize the myriad details that will shape a Global Minimum Tax on multinational corporations — if they can reach consensus and make it happen. Reuters noted that this is “an extremely tight timeframe given that previous international tax deals took years to implement.”.

Treasury 52

Treasury Technology Compliance 52

Viking Mergers

FEBRUARY 6, 2023

In Charleston, businesses get county-sponsored tax savings in addition to state tax incentives, have access to a skilled and competitive workforce, and can get help through local business development programs. The Port of Charleston provides weekly service to more than 150 international destinations.

Technology 130

Technology Marketability 130

ThomsonReuters

NOVEMBER 15, 2021

Corporate tax teams responsible for collecting, managing, and paying indirect taxes face numerous challenges in today’s fractious tax landscape. For all too many managers, their days are filled with the stress of keeping pace with various changes in the indirect tax space. Indirect taxes: Much more than just a process.

Compliance 52

Compliance Technology 52

ThomsonReuters

OCTOBER 10, 2023

Goods imported into an FTZ can be stored, manipulated, or manufactured without being subject to import duties or taxes until they enter the commerce of the U.S. Tax savings : Businesses may be able to benefit from tax advantages by operating in a bonded warehouse, as taxes are not levied until goods are withdrawn for local consumption.

Compliance 52

Compliance Marketability 52

Appraiser Newsroom

JULY 9, 2023

Tweet ASA International Conference is the leading event for the global valuation profession. Nunes also has extensive experience working with multinational companies, having addressed complex tax, international cost of capital, and foreign exchange issues. Nunes is a Practitioner Director in the Board of FMA International.

Intangible Assets 40

Intangible Assets Business Valuation Appraisal Finance 40

ThomsonReuters

JANUARY 30, 2023

As the burden of corporate tax compliance mounts, companies are increasingly turning to tax and accounting firms for help in complying with direct tax requirements. That ’ s why it is essential for firms to have a robust corporate tax technology platform in place. How can direct tax software help tax reporting?

Start-ups 59

Start-ups Compliance Accounting Firms Technology 59

ThomsonReuters

JANUARY 12, 2023

The primary role of an accountant is to handle a variety of tasks including tax preparation, financial planning and audits. . Because these statements are developed internally, there is a need for an independent third party to verify that there is not any fraudulent behavior by the preparers of the statements. .

Technology 59

Technology Compliance Start-ups Accounting Firms 59

ThomsonReuters

NOVEMBER 15, 2023

Jump to: Do charities get tax exemptions? How to file taxes for nonprofits What are the 501(c)(3) reporting requirements? Helping clients with Form 990 and charity exemptions Charities and nonprofits must comply with tax obligations in order to maintain their tax-exempt status. Do charities get tax exemptions?

Compliance 52

Compliance Finance 52

ThomsonReuters

NOVEMBER 4, 2020

These days, the number one concern of corporate tax departments is clear: keeping up with changing regulations. This framework aims to put an end to tax avoidance strategies and mismatches in tax rules to ensure multinational enterprises pay their fair share of tax. Why technology is critical for DAC6 compliance.

Technology 52

Technology Compliance Start-ups 52

Appraiser Newsroom

FEBRUARY 16, 2022

Below is a closer look at these contributing authors. Allen is also active in the profession as an author, lecturer , and volunteer, most recently serving as President of the N evada Society of CPA s Las Vegas Chapter. as well as in international arbitrations. . She is also a frequent speaker, author and professor. .

Intangible Assets 52

Intangible Assets Business Valuation Appraisal Corporate Finance 52

ThomsonReuters

OCTOBER 28, 2021

News Release: IRS updates process for frequently asked questions on new tax legislation and addresses reliance concerns (Oct. 15, 2021); General Overview of Taxpayer Reliance on Guidance Published in the Internal Revenue Bulletin and FAQs (Oct. News Release. See also EBIA’s 401(k) Plans manual at Section III.C.4

52

52

ThomsonReuters

NOVEMBER 11, 2021

The practice is being increasingly regulated to ensure that profits are taxed at the place where value is created. In fact, a global effort is underway to tighten the restrictions and increase the documentation requirements for this practice, adding a significant amount of work and responsibility to the task of the corporate tax professional.

Technology 52

Technology Compliance Marketability 52

ThomsonReuters

FEBRUARY 2, 2021

We’ve all heard the myths about cloud tax and accounting, including the intimidating theories that the cloud is not secure, expensive, complicated, or not up to compliance standards. However, the state of the tax and accounting industry is rapidly changing, and firms are having to shift their technology to keep from being left behind.

Compliance 98

Compliance Technology 98

ThomsonReuters

APRIL 13, 2023

These two words can strike fear in the hearts of your tax and accounting clients: IRS audit. Understanding how to manage client expectations and concerns and how to get through the process is an essential skill in the tax and accounting professions. These steps will help when clients come under IRS scrutiny.

Accounting Firms 52

Accounting Firms Technology 52

Appraiser Newsroom

JULY 9, 2023

Tweet ASA International Conference is the leading event for the global valuation profession. Carlos is the president of Appraisals International, a leading global insurance company, with employees and established subcontractor network in four continents. Broad experience as expert witness in arbitration and litigation support.

Appraisal 52

Appraisal Business Valuation Technology Marketability 52

ThomsonReuters

AUGUST 24, 2023

Jump to: What is tax depreciation? How to calculate tax depreciation What are the tax depreciation methods? But depreciation can quickly become complex and cumbersome as tax professionals navigate which asset s can be depreciated for tax purposes, how to calculate tax depreciation, and any state-level nuances that may arise.

Start-ups 87

Start-ups Marketability 87

ThomsonReuters

JANUARY 31, 2022

The latest disruption hitting corporate trade and supply chain teams comes barely on schedule from the World Customs Organization (WCO) — and has created headaches for all companies engaged in international trade. Why the HS is important to international trade. And the risk is not limited to customs.

Compliance 98

Compliance Technology Marketability 98

ThomsonReuters

JANUARY 12, 2023

Like any audit, ESG audits can be internal or external. The experience necessary to audit financial statements, audit regulatory information, and manage internal controls attestation translates well for auditors who can seamlessly apply this knowledge to ESG data sets. . ESG audit checklist. Which teams own specific ESG activities?

Compliance 52

Compliance Technology Accounting Firms Equity 52

Reynolds Holding

FEBRUARY 26, 2023

Earlier this month, tax officials spent three days ransacking the offices in Mumbai and New Delhi after the government banned a BBC documentary that criticized Prime Minister Narendra Modi for allegedly condoning deadly violence against rioters when he was chief minister of Gujarat more than 20 years ago. [2]

Banking 111

Banking Marketability Market Capitalization Finance 111

Internal Audit 360

OCTOBER 11, 2022

The first time I heard it came when I was an internal audit manager for a financial institution. The senior vice president for human resources said she was a big supporter of internal audit, but my team and I couldn’t audit her area. Internal auditors can easily be underestimated. It’s just too complicated,” he said.

Compliance 98

Compliance Marketability 98

ThomsonReuters

JANUARY 12, 2023

Adding to the complexity is the fact that most taxpayers are unaware of the potential tax consequences of crypto. . Significantly intensifying this need is the formation of a dedicated IRS team of criminal investigation professionals tasked with targeting taxpayers who do not report cryptocurrency transactions on their tax returns.

Accounting Firms 52

Accounting Firms Compliance Start-ups Technology 52

ThomsonReuters

DECEMBER 19, 2020

163(j) was added by the Tax Cuts and Jobs Act (TCJA, PL 115-97). It limits the amount of business interest expense that a taxpayer can deduct, effective for tax years beginning after December 31, 2017. For tax years beginning on or after January 1, 2018, Code Sec. 59A (Base Erosion and Anti-Abuse Tax, BEAT) and Code Sec.

EBITDA 105

EBITDA Banking Finance 105

Appraiser Newsroom

JULY 5, 2022

ASA International Conference is the leading event for the global valuation profession. CohnReznick performs hundreds of valuation and financial advisory engagements annually for mergers and acquisitions, debt and equity funding, buy/sell, financial reporting, estate and income tax purposes, litigation support, and strategic planning.

Appraisal 52

Appraisal Business Valuation Banking Technology 52

ABI

JANUARY 26, 2023

1] In In re Szczyporski, the United States Court of Appeals for the Third Circuit held that the shared responsibility payment is a tax entitled to priority under Title 11 of the United States Code (the “Bankruptcy Code”). [2] 3] The IRS filed a proof of claim against the Debtors for unpaid taxes and interest, including a $927.00

40

40

Appraiser Newsroom

JULY 5, 2022

ASA International Conference is the leading event for the global valuation profession. and international courts. Mr. Fishman has co-authored several books, including the Guide to Business Valuations , Standards of Value , A Consensus View Q&A Guide to Financial Valuation and The Business Valuation Bench Book.

Business Valuation 40

Business Valuation Intangible Assets Appraisal Finance 40

Internal Audit 360

AUGUST 17, 2023

GUEST BLOG POST W ith the rise of artificial intelligence and ChatGPT, sometimes I think that we internal auditors will all soon be out of a job. Unfortunately, machine learning is not quite accessible for me to just ask my computer to do it… so I found an intern! Or data analytics… and internal auditing? The reason?

Technology 69

Technology Start-ups Marketability 69