International Tax Enforcement is a complicated and often intricate process given the nature of tax laws and local enforcements across the world. FATCA was one step toward the related exchange of information to identify and enforce. However, other measures are also needed especially when evasion is involved and the intent is criminal. In cases of […]
Even before the advent of COVID-19, accounting firms had turned to remote accounting/cloud accounting to empower their staff to carry out tasks from virtually anywhere. The advent of the pandemic has hastened the technology adaptation to maintain a competitive edge and provide flexibility to work successfully from home. Employee expectations are shifting, and firms are […]
The tax payment deadline of April 15 had been postponed to July 15, 2020, by the federal and state governments owing to the coronavirus pandemic. A taxpayer can request an extension to file until October 15, 2020, but all estimated tax payments are due by July 15. Estimated payments are due in case of an […]
The COVID-19 crisis has changed multiple facets of our lives with a long-term impact. It has ensured that the percentage of employees who work from home is at an all-time high. However, not all organizations and workforce are prepared to accept this seismic shift to working remotely. Here are some tips to survive work from […]
The advent of high-speed internet coupled with easy to deploy technology has made cloud-based accounting a secure and cost-effective option. The flexibility offered by working on the cloud means that exciting opportunities for setting up potential offshore accounting teams are aplenty. Increased security for confidential & sensitive information, elimination of paperwork, best-in-class connectivity with clients […]
Cryptocurrency is a digital representation of value. The name is derived from the use of cryptography to secure blockchains without a third party & without having to trust the participants. The first cryptocurrency, Bitcoin was created by Satoshi Nakamoto in 2009. The cryptocurrency market is now worth more than $250 billion and growing every day. […]
