Although sampling methodologies for sales and use tax audits vary by state, they typically fall into two general categories, which this article describes. Understanding them can make it easier to identify errors in application that can lead to inaccurate adjustments.
By making sure certain documents are in place, CPAs can help elderly clients protect themselves and their assets if they face problems with their health.
General Electric is doing away with its ratings-based performance-evaluation system. Raises and promotions can be awarded successfully without the ratings, and employees like this approach, according to an internal study.
More seniors are working past the traditional retirement age as employee benefits change, jobs require less physical exertion and overall health improves. The percentage of people older than 65 in the workforce was 19.4% last month, compared with 15% in June 2006, Bureau of Labor Statistics data show.
The Financial Accounting Standards Board issued a proposal Tuesday that would modify disclosures about income taxes that organizations are required to report on their financial statements.
Some banks make enticing offers, such as $400 cash bonuses or $100 gift cards, to get consumers to open checking accounts. It's important to read the fine print before signing up.
Have you considered the many methods financial institutions can use when implementing the new credit losses standard? If not, now is the time.
CFOs enlist consultants for a variety of reasons, from dealing with regulatory issues to managing new technology. Some consulting companies base fee structures on the benefits they can deliver, which may make them more appealing to CFOs.
The Internal Revenue Service finalized proposed regulations issued last year intended to make it easier for taxpayers to file returns electronically by no longer requiring those making a Sec. 83(b) election to include a copy of the election statement with their tax return.
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