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How Advisors Can Offer Tax Planning And Stay In Compliance

CFO News Room

Almost every financial planning issue – whether it is retirement, investments, cash flow, insurance, or estate planning – has tax considerations, and advisors provide a great deal of value in helping clients minimize their overall tax burden.

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What to Know About the Corporate Transparency Act

CFO Simplified

The CTA seeks to pull smaller shell companies and holding companies into the regulatory framework, which means the brunt of CTA compliance falls on smaller businesses. LP has formed the CTA Task Force to consult on these burgeoning issues of FinCEN compliance and complexities of beneficial ownership.

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What to Know About the Corporate Transparency Act

CFO Simplified

The CTA seeks to pull smaller shell companies and holding companies into the regulatory framework, which means the brunt of CTA compliance falls on smaller businesses. LP has formed the CTA Task Force to consult on these burgeoning issues of FinCEN compliance and complexities of beneficial ownership.

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How Understanding Sales Tax Can Help Your Business

CFO Share

South Dakota , small business sales tax has been an issue you cannot afford to ignore. With audits ramping up and penalties exceeding $100,000, understanding sales and use tax is essential. The cost of sales tax non-compliance. Violating small business sales tax regulations may result in significant penalties.

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What’s the Difference VAT & Sales Tax?

CFO Share

VAT vs sales tax can be especially confusing for international businesses. Sales tax is extremely common amongst the USA, whereas VAT is more common in foreign countries. All companies should consider VAT vs sales tax when reviewing their tax planning strategy. Who implements a VAT or sales tax?

Sales 52
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Small Business CFO's: Do You Need One?

Boston Startup CFO

Attributes of a Great CFO. I turned to a headhunter and over the next four months we canvassed many resumes and finally found an amazing CFO with the experiences we needed for our growing company. In my opinion, a great CFO walks around and talks to employees, understands customers’ needs and understands where the business is going.

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How co-sourcing can drive an agile tax and finance function

Future CFO

Beyond that, CFOs are expected to optimise every investment dollar for maximum returns on investments and be involved in all discussions and matters that have a financial impact on the company. Source: How a reimagined tax and finance function can improve your bottom line, EY 2020.

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