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How Do I Forecast with Tax Code 280E?

CFO Share

Your strategic business forecasting must include proper considerations for section 280E – this is essential to planning cash flow and avoiding catastrophic tax bills at year-end. Even worse, an IRS income tax return does not follow the same rules as GAAP. Transportation costs. How do I forecast for the 280E tax code?

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MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

For leasing, this means International Accounting Standards Board’s (IASB’s) IFRS 16 and US GAAP Financial Accounting Standards Board’s (FASB’s) ASC 842. In addition, global companies need the flexibility to comply and report according to multiple accounting standards. For revenue recognition, they also must comply with ASC 606 and IFRS 15.

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FedEx Int’l Priority, US Residential Volumes Fuel Strong Q2 Results

PYMNTS

domestic residential package services, in addition to pricing initiatives throughout all transportation segments, fueled increased operating results. billion in revenue on an adjusted (non-GAAP) basis. FedEx reported on Friday (Dec. 18) as part of its Q2 fiscal 2021 earnings that higher volumes in international priority and U.S.

GAAP 105
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Modern FP&A: The Key to Simplifying the Complexities of Manufacturing Budgets 

Centage

Key aspects of these solutions include: Automation where core budget and forecast processes are built in – routine tasks are performed faster, there are no broken links or formulas to maintain as is the case with spreadsheets. When it comes down to it, we know that business budgeting and forecasting aren’t one day events.