To succeed in today’s disrupted business environment, finance teams need to consider all of their untapped sources of value. Thriving in highly changeable market conditions means finding new ways of operating. When uncertainty reigns, flexibility and responsiveness are vital. That makes maximizing working capital a top priority. Businesses need to
The Internal Revenue Service has created the position of chief taxpayer experience officer to boost efforts across the agency to better serve taxpayers. Ken Corbin, currently the IRS Wage and Investment commissioner, will take on the role while also continuing to serve in his position overseeing the agency’s largest operating
Deloitte and its Deloitte Foundation announced that a student team representing Truman State University won its 2021 Deloitte FanTAXtic national case study competition, giving the best presentation of an analysis of a complex tax case. The finals were held virtually this year on Jan. 15, 2021. The nine participating teams
The Securities and Exchange Commission tapped deputy chief accountant Paul Munter to become acting chief accountant when chief accountant Sagar Teotia leaves in February. Teotia announced earlier this month that he would be departing next month, one of a number of SEC officials who are leaving now that a new
The Treasury Department said Friday it plans to launch an all-out effort to deliver Economic Impact Payments to people who haven’t yet received the two rounds of stimulus payments that they should have received last year or this month. The effort comes in response to an executive order from President
The Securities and Exchange Commission formally adopted amendments in November to modernize financial disclosure requirements to ease the compliance burden for SEC registrants and make disclosures more meaningful for investors. The updates focused on federal securities law Regulation S-K and are intended to “improve the quality and accessibility of the
Real estate investors have much to consider when deciding how to structure their businesses. From legal considerations to tax implications, these entrepreneurs face some unique challenges. In this article, I’ll share some insights to help you help your clients make an informed decision about which business entity will serve their
Stop paying accountants when you can just use QuickBooks. Free Book Preview Tax and Legal Playbook Get game-changing solutions to your small business questions. January 15, 2021 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase
Business audits don’t have to be a scary process performed by the government or a regulatory authority. Now more than ever, businesses from restaurants to doctors to dentists and more are voluntarily submitting their records to an accountant for preventative purposes. A financial audit of your small, medium or large
Why Choose QuickBooks® QuickBooks®, the world-renowned business, personal and financial accounting system developed by Intuit® is 30 years old in 2013. There is reason companies, particularly those in competitive industries in competitive economic times, stay afloat. That reason is because these companies offer state-of-the-art and constantly improving products that
