Evaluate Your Tax Team for Regulatory and Business Change
Our October 24 Webinar, “Building the Tax Team of the Future to Successfully Navigate the Regulatory Storm,” is now available onDemand. During the webinar, we
Category: Tax Compliance
Tax Compliance
Building a Tax Team to Meet Future Compliance Requirements
It’s clear business evolution, technology disruption and related tax compliance laws are creating increased complexity and becoming tremendous business liabilities. In today’s regulatory environment, businesses
Tax Compliance
Congress Mulling Altering Thresholds for Forms 1099-MISC and 1099-K
In both the House and Senate, Congress is looking to change the thresholds for Form 1099-MISC and Form 1099-K reporting. Form 1099-MISC, which is used
Tax Compliance
AEOI Compass Update: Week of Oct. 16, 2017
Changes to global FATCA and CRS compliance requirements happen frequently. In order to provide customers with the updated and accurate information they need, Sovos documents
Tax Compliance
Building the Tax Team of the Future to Navigate the Regulatory Storm – Webinar
There’s a growing regulatory storm on the horizon, impacting tax professionals’ roles and skills. This is causing a shift in how businesses are preparing their
Tax Compliance
New IRS 1040 Requirement Shows ACA Reporting Is Very Much Alive
A recent move by the IRS to reject 1040 forms that don’t properly indicate taxpayers’ health-insurance status shows that the Affordable Care Act is both
Tax Compliance
1099 Compass Regulatory Update: Week of Oct. 9, 2017
Changes to tax compliance requirements and legislation happen frequently at the state and IRS levels. In order to provide customers with the updated and accurate
Tax Compliance
How Financial Institutions Should Respond to the Challenges of CRS
Although financial institutions (FIs) certainly struggled to comply with the Foreign Account Tax Compliance Act (FATCA) during its first reporting season in 2015, panelists at
Sales Tax Compliance – 3 Top Stories of the Week
This week we look at three interesting sales tax compliance articles from around the Web you may have missed while manually looking up tax rates,
Tax Compliance
AEOI Compass Update: Week of Oct. 2, 2017
Changes to global FATCA and CRS compliance requirements happen frequently. In order to provide customers with the updated and accurate information they need, Sovos documents
Brazil’s IoT Advancements Lead to “Google of Fiscal Goods”
NFe 4.0 Introduces Unprecedented Product Traceability NFe 4.0 ushers forth new requirements that make a new level of product tracking possible. Specifically, the SEFAZ, Brazil’s tax
Tax Compliance
European Commission Proposes VAT Overhaul
On October 4, 2017, the European Commission published a set of proposals aimed at simplifying and modernizing the current VAT system. The “cornerstone” principles of
Top 10 Advantages of Cloud Sales and Use Tax Software for IT – INFOGRAPHIC
The speed and complexity of sales and use tax compliance is outpacing solutions most businesses use to comply. As a result, IT leaders are approaching
Tax Compliance
3 ACA Reporting Issues You Need to Prepare For Since the Graham-Cassidy Bill Fizzled
The Affordable Care Act and its associated reporting requirements remain the law of the land after the Senate announced it will not hold a vote
Tax Compliance
1099 Compass Update: Week of September 25, 2017
Changes to tax compliance requirements and legislation happen frequently at the state and IRS levels. In order to provide customers with the updated and accurate
Tax Compliance
Why the First Year of CRS Reporting Isn’t Really Over Yet
Why the First Year of CRS Reporting Isn’t Really Over Yet Don’t break up your Automatic Exchange of Information (AEOI) team just yet. The first
159.5 Billion Reasons Why the Global Tax Landscape Is Changing
The VAT Gap in the EU was estimated to be €159.5 billion in 2014, and the enormity of that gap is one of the reasons
Tax Compliance
State 1099 Reporting Requirements Follow PATH of Tighter Deadlines
The changes in state tax reporting thus far in 2017 reflect much of what we learned in 2016: State governments want more information, and they