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Sales & Use Tax Insights

Three Types of Internal Tax Control Risks Every Business Should Consider

When looking at internal controls from a tax perspective, businesses tend to zero in on financial statement risk. And while that’s important, there’s really a lot more to it than that. In order to get a complete picture, there are three broad areas of risk that all companies should take into account. Inherent risk. This is risk that exists due to the nature of the company and its environment. It […]

August 7, 2018

Four Areas Where Tax Technology Reduces Risk

Tax departments are faced with continually increasing complexity and ever-evolving challenges, yet only about 25-30% of mid to large-sized organizations have taken advantage of modern technologies to automate their tax processes. For many of these organizations, the status quo of Excel has simply prevailed. For others, it’s a lack of understanding of the true business case behind tax technologies. Often, tax technology is considered only after a deficiency has been […]

August 7, 2018

Washington Tax Insight August 2018

Politics and Congressional Activity The House has adjourned for the summer and will return to work on September 4th.  The Senate will work for most of the month of August, with only a one-week break August 6-10th. In July, work continued in both the House and Senate on appropriations bills for FY 2019, which starts October 1, 2018.  Congressional leadership would like to avoid an omnibus spending bill at the […]

August 6, 2018