The best and worst states for corporate taxes
Accounting Today
DECEMBER 12, 2024
From those with no corporate tax at all, to those that tax everything they can a guide to most and least competitive states when it comes to taxing businesses.
Corporate tax departments find themselves with too few resources
Accounting Today
OCTOBER 2, 2023
Nearly half the leaders of corporate tax departments believe they're severely under-resourced when it comes to technology and hiring, according to a recent survey.
Corporation Tax 
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Breaking Ground on Better Payment Processes: Strategies for Construction Pros
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Tax partners matter more than firms when it comes to corporate taxes
Accounting Today
AUGUST 29, 2023
Accounting firms are less important than the partner leading the team in terms of the impact on the business's effective tax rate and the probability it will face an audit.
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297 Webinars
Breaking Ground on Better Payment Processes: Strategies for Construction Pros
The Growth Architect: How Financial Leaders are Unlocking Potential
Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors
From Start to Scale: Driving Growth Through Seamless Payments Implementation
Limited liability companies should consider C corporation tax elections
Accounting Today
AUGUST 10, 2022
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Billionaire, corporate tax hikes will be focus of Biden State of the Union
Accounting Today
MARCH 7, 2024
President Joe Biden will propose increasing the minimum tax rates paid by major U.S. and multinational corporations to 21% and eliminating breaks for companies with high-paid executives in his election-year State of the Union address on Thursday night.
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Truss dumps U.K. corporation tax freeze plan
Accounting Today
OCTOBER 14, 2022
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IESBA sets ethics standards for corporate tax planning
Accounting Today
APRIL 15, 2024
The International Ethics Standards Board for Accountants has unveiled a set of ethical standards for business tax planning in response to complaints over tax avoidance by multinational companies.
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Global corporate tax rates stabilize after decades of decline
Accounting Today
NOVEMBER 18, 2022
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Ireland still sees minimum corporate tax deal being delivered
Accounting Today
JULY 20, 2022
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By the numbers: IRS Direct File, the growing tax gap and more
Accounting Today
DECEMBER 3, 2024
The latest data on the growth of the IRS's Direct File program, how many corporate tax pros believe generative AI is beneficial in accounting, and other key metrics.
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Tax departments go through transformation
Accounting Today
SEPTEMBER 6, 2023
Corporate tax departments are going through major transformation in response to the challenging legal and regulatory environment, according to a new survey from Deloitte.
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States cut taxes in 2024
Accounting Today
JANUARY 3, 2024
Fifteen states are reducing either individual or corporate income taxes this year, with some states trimming both individual and corporate taxes, among 34 states starting the year with significant tax changes.
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Buffett says US corporate taxes likely to rise to tame deficit
Accounting Today
MAY 6, 2024
taxes are likely to rise as lawmakers look to narrow the federal deficit, Warren Buffett said, as Washington prepares for major tax negotiations next year.
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Without proper software training, tax season can mean costly gaffes
Accounting Today
MARCH 15, 2024
Tax filing season can be an extremely trying time for corporate tax and accounting professionals as they have to navigate countless forms and compile extensive amounts of information without errors.
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IRS introduces business tax accounts as it targets big corporations for audits
Accounting Today
OCTOBER 20, 2023
The Internal Revenue Service is making improvements to its online tax professional accounts and hiring more accountants as it ramps up enforcement.
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Microsoft plans to contest IRS claim it owes $28.9B in back taxes
Accounting Today
OCTOBER 12, 2023
The dispute centers on a 2012 IRS audit into transfer pricing, a method used by companies to shift profits to tax havens and avoid the U.S. corporate tax rate.
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Tax leaders worried about election results
Accounting Today
JUNE 10, 2024
Strategic tax leaders worry the election will lead to changes to Inflation Reduction Act renewable energy credits, while tax tacticians worry about changes to federal corporate tax rates.
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NJ governor pitches higher tax on businesses to help transit
Accounting Today
FEBRUARY 28, 2024
The move would make New Jersey's corporate tax the highest rate in the country.
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Navigating new terrain with multinational tax compliance
Accounting Today
FEBRUARY 14, 2024
The OECD's Pillar Two international corporate tax rules will impose significant new compliance obligations on midsize multinational enterprises.
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Federal vs. Provincial Corporate Taxes in Canada
Billah and Associates
SEPTEMBER 23, 2024
Understanding corporate taxes in Canada can be challenging, especially since businesses are subject to both federal and provincial taxes. Knowing the differences between these two tax systems and how they impact your business is crucial for ensuring compliance and maximizing tax savings.
The 'revolving door' between accounting and the IRS
Accounting Today
AUGUST 29, 2023
Nearly 500 service employees worked at large firms or big companies either before, during or after they worked at the IRS, according to a new report.
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How we’re making it easier for practices in the UK to manage clients in Xero
Xero
JUNE 18, 2023
Here are our latest updates and what they mean for accountants and bookkeepers in the UK. What’s new for UK practices in Xero Tax In addition to delivering a single client record across Xero HQ and XPM, we’ve made a number of updates to Xero Tax in the UK, to help you further streamline accounts and tax work.
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Get set up for the new tax year with Xero Payroll
Xero
MARCH 16, 2023
Continue your regular routine of reconciling your posted pay runs by scanning through Account Transactions, Gross to Net, P32 and P11 reports. By taking some time to reconcile these reports, you’ll pick up on any irregularities in accounts or employee final payment amounts, saving you rework later in this process.
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Making Tax Digital for ITSA has been delayed, but we’re ready to support you
Xero
DECEMBER 20, 2022
HMRC has announced that Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) has been delayed until April 2026. With small businesses, accountants and bookkeepers facing challenging times, we understand and support the delay from HMRC – giving you more time to prepare. . Why has this happened?
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Corporate Tax Filing in Singapore: A 2024 Guide for Businesses
Counto
FEBRUARY 7, 2024
Corporate Tax Filing in Singapore: A 2024 Guide for Businesses If you’re a business operating in Singapore, understanding the intricacies of corporate tax filing is essential to maintain legal compliance and financial stability. Click on it to access the corporate tax filing section within the MyTax Portal.
CorpPass and Corporate Tax Filing: A Complete Guide for Foreign Entrepreneurs in Singapore
Counto
SEPTEMBER 27, 2024
CorpPass and Corporate Tax Filing: A Complete Guide for Foreign Entrepreneurs in Singapore Navigating Singapore’s regulatory landscape can be challenging for foreign entrepreneurs, especially when it comes to managing corporate tax responsibilities. Tired of surprise fees from accounting services? What is CorpPass?
IASB proposes leeway for deferred tax accounting under OECD rules
Accounting Today
JANUARY 10, 2023
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Corporate Taxes: The Benefit of Tax-Deductible Donations
Counto
APRIL 4, 2024
Corporate Taxes: The Benefit of Tax-Deductible Donations In the realm of business, giving back to the community isn’t just about altruism—it’s also about strategic financial planning. Tax-deductible donations offer a unique opportunity for businesses to support worthy causes while also benefiting their bottom line.
Making Tax Digital for Income Tax Self Assessment: Our guide to Unique Taxpayer Reference numbers
Xero
AUGUST 11, 2022
It would be no surprise to learn that many accounting practices and their small business, landlord and sole trader clients are currently suffering from confusion from overuse of acronyms (CFOA). Frankly, you already have enough to remember, thanks to Making Tax Digital (MTD) for VAT and Income Tax Self Assessment (ITSA).
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Corporate Taxes: Key Dates and Exemptions to Be Aware Of
Counto
MAY 29, 2023
Corporate Taxes: Key Dates and Exemptions to Be Aware Of Navigating tax season can be daunting for many business owners, but understanding the ins and outs of filing taxes is essential for operating a successful business in Singapore. A business that cannot meet its GST tax obligation may apply for an extension.
IRS adds payments, Spanish to Business Tax Account
Accounting Today
AUGUST 26, 2024
The Internal Revenue Service continues to expand the things business taxpayers can do with BTA.
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FASB releases income tax disclosure standard
Accounting Today
DECEMBER 14, 2023
The Financial Accounting Standards Board issued an accounting standards update Thursday aimed at improving income tax disclosures from companies.
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Avalara debuts Transfer Pricing Reports for Accountants
Accounting Today
MAY 16, 2022
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FASB approves income tax reporting standard
Accounting Today
AUGUST 30, 2023
The Financial Accounting Standards Board voted to require companies to tell the public more about the taxes they pay, starting as early as 2025.
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A short guide to Making Tax Digital for landlords
Xero
MAY 13, 2022
However, if you’re a landlord and you’re registered as a limited company, you’ll need to continue sending limited company accounts and corporation tax to Companies House and HMRC. First, the quarterly updates containing details of your income and expenditure (to be sent from your accounting software to HMRC every quarter). .
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Startup Tax Exemptions: Unlocking Savings with Expert Strategies and Real Examples
Counto
APRIL 10, 2024
This results in a total tax exemption of $125,000, which can be a game-changer for a growing business. The Financial Impact after applying the SUTE: Final chargeable income: $ 175,000 (original profit of $300,000 minus the $125,000 exemption) With the current corporate tax rate at 17%, the tax payable would be $ 29,750.
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Live Accounting, Instant Insights: Welcome to the Future with Counto
Counto
NOVEMBER 14, 2024
Live Accounting, Instant Insights: Welcome to the Future with Counto Bringing Real-Time Accounting into Focus As we push forward in redefining accounting , we’re excited to unveil a breakthrough that’s all about transparency, speed, and control: real-time status tracking for all your accounting needs with Counto.
Accounting 52
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How Counto’s Accounting Services Help You Save Money on Account Migrations
Counto
NOVEMBER 28, 2024
How Counto’s Accounting Services Help You Save Money on Account Migrations Migrating accounts can be one of the most challenging and costly tasks for any business, especially for small business owners. Cost-Effective Solutions: Pay for What You Need Migrating accounts often involves multiple services, which can quickly add up.
Accounting 52
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Making Big Strides with AI: The Counto Multi-Agent Compliance Model
Counto
APRIL 21, 2024
Our Commitment to Small Businesses This improvement is just a part of our ongoing effort to fully automate accounting and tax services, making them as hassle-free as possible for small businesses like yours. Get accounting plans that combine bookkeeping with corporate tax filing to help you stay compliant at an affordable price.
How to Apply for Halal Certification: A Comprehensive Guide for SMEs
Counto
MAY 4, 2024
Explore Counto’s all-inclusive accounting plans—designed to cover everything from multi-currency bookkeeping to unlimited transactions and corporate tax filing, all without hidden fees. Learn more about our accounting services here.
Subscribe to "On The Money" for an accountant's perspective on small business
Blake Oliver
SEPTEMBER 14, 2023
I'm excited to share that I'm contributing the accountant perspective to Relay's new "On the Money" newsletter for small businesses. How close are AI robots to doing your corporate tax filings? This monthly publication will bring practical stories and insights to help you master your money.
Understanding Account Migration Fees: Essential Insights for Small Business Owners in Singapore
Counto
NOVEMBER 28, 2024
Understanding Account Migration Fees: Essential Insights for Small Business Owners in Singapore As a small business owner in Singapore, migrating your accounting system or switching accountants may feel overwhelming. What Are Account Migration Fees? Explore our all-in accounting plans and keep more of what you earn.
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