Explore how accounting for uncertain tax positions can help smooth out tax liabilities and improve financial statement transparency in A Closer Look at Accounting for Income Taxes. Requirements and common pitfalls of complying with ASC 740 are also identified as the white paper answers the following. Why do companies struggle with accounting for income taxes? Why [...]

Qualified research and development activities can translate into sizable R&D credits for companies that know how to meet the complex claim requirements. Many firms are unaware of how or what to qualify, thus leaving the credits unclaimed. Learn how to take advantage of the tax-saving potential of R&D credits with insight into the qualifications and [...]

There are many reasons an initial public offering (IPO) doesn’t reach its full potential. Despite being one of the most hyped offerings of 2012, Facebook’s initial stock price quickly lost 50 percent of its value in the weeks following the social network’s May 2012 public offering potentially due in part to taxes. If your company [...]

The medical device excise tax of 2.3% takes effect Jan. 1, 2013, putting in motion significant tax challenges and operational infrastructure demands on the medical device industry. Manufacturers, producers, and importers of medical devices can prepare to comply with the new tax law by answering the three key questions in Medical Device Excise Tax: Minimization [...]

With taxes among the top three expenses for most organizations, managing the size of a business’s obligation to U.S. and state taxing authorities could mean the difference between a good year and one where the business loses ground. Managing tax functions in light of growth initiatives takes ongoing attention to minimize tax burdens and maximize [...]

When it comes to choosing the right professional service provider to help your business succeed, the number of choices can be intimidating and the stakes high. Before you buy, spend time carefully considering how the service relationship will drive value to your business. Use Five Tips to Buying Professional Services to successfully select the professional [...]