Author: admin
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HIRE Act Proposal Draws Attention Across Tax and Accounting Community
Recently introduced legislation would impose an excise tax on payments to foreign persons for services that directly or indirectly benefit U.S. consumers — and tax and accounting firms are taking note. The HIRE Act Last month, first-term Senator Bernie Moreno (R-OH) proposed the Halting International Relocation of Employment (HIRE) Act, S. 2976, to establish a…
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The Future of Accounting: Why Tomorrow’s World Will Be Shaped by Hybrid Models
The accounting environment itself is evolving faster than ever before. Businesses nowadays face increased complexity, increased regulations, and increased needs for timely and accurate financial data. Businesses in the past had a hard choice to face: either going completely with in-house accounting personnel or going completely with outsourced financial functions. This trend, however, tilts more…
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Beyond Cost Savings: The Hidden Benefits of Outsourced Accounting
Most of us, upon mentioning the word “outsourcing,” get a picture of cost savings in mind. And yes cost savings are a definite benefit. But in reality, outsourcing your accounting offers a whole lot more than a bill that’s been cut. It’s not about handing off work anymore, but about having access to skills,…
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5 Telltale Signs Your Business Needs an Internal Audit
5 Sure Signs That Your Business Needs an Internal Audit In today’s fast-paced business world, oversight is not an option; it’s a necessity. Whether you’re a brand-new startup or an established business, getting a good idea of your operational and financial status can mean the difference between continued growth and problems you’d rather do without.An…
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How to Choose the Right Accounting Partner for Your Business
1. Look Beyond Basic Bookkeeping A good accounting partner does more than record numbers—they help you understand them. Look for a firm that provides insights, not just reports. Can they help you plan better? Flag risks early? Guide you through tax or audit requirements? If the answer is yes, you’re on the right track 2.…
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Why Outsourced Accounting Is the Smarter Move for Modern Businesses
Your global accounting outsourcing partner.Businesses’ finance departments today have more demands placed upon them and more challenges. They must meet tight deadlines, comply with shifting financial regulations, submit credible reports to stakeholders, and keep costs minimal. That is why accounting outsourcing is a rapidly appealing strategy for an increasing number of companies—Startups, SMEs, and larger…