Date

BizTaxBuzz: 3 Tips for Business Travel Without the Tax Headaches

October 05, 2010

Companies are sending more people abroad for extended business trips and short-term expat assignments, but too often they don't have a good grip on the tax implications. Here's how to head off potential problems. Business Travelers and Short-Term Expats ...

BizTaxBuzz: Small Companies Hit Hardest by Compliance Costs

September 28, 2010

It's no secret that regulatory burdens fall more heavily on smaller organizations, but a new study reveals the stark details of compliance costs. Would you believe $28,000-plus per employee for a small manufacturer? How the Regulatory “Shadow Tax” S ...

Five Indirect Tax Mistakes That Could Cost You Money

September 27, 2010

Sales and use tax processes at many businesses are in need of some serious revamping. Here's where companies get it wrong -- and how one got it right. For something that's supposed to be one of only two certainties in life, tax surely generates a vast a ...

BizTaxBuzz: Big Project, Big Payoff: Automating Indirect Tax at ABB

September 22, 2010

What happens when a $32 billion company with dozens of divisions and 20 ERP systems decides to install a unified sales and use tax platform? Big savings. Peggi Rockefeller, director of sales, property, and indirect tax at ABB Group, tells the story. A B ...

BizTaxBuzz: At the Heart of the Greek Fiscal Disaster

September 20, 2010

Tax dodging on an apocalyptic scale, a bankrupt state railroad that pays employees an average 65,000 euros ($85,000) a year, and the rise of a real estate empire built by Greek Orthodox monks. Yes, monks. Tax Quote of the Month | Source: The Big Fat Fin ...

BizTaxBuzz: New Proposal Would Simplify R&D Tax Credit

September 10, 2010

Making the R&D tax credit permanent is a long-held and well-publicized policy goal of the Administration, and would surely be a relief for companies that regularly take advantage of the tax break, giving them a more solid foundation for developing their r ...

BizTaxBuzz: The Tax Department From Outer Space

September 07, 2010

We all know there are plenty of CEOs who think their tax department resides somewhere beyond the asteroid belt -- or wish it did. But what if their fantasy came true? The Tax Department as Spaceship | Source: The Big Fat Finance Blog . ...

BizTaxBuzz: Volcker Report: Tax Compliance Costs More Than $40 Billion a Year

August 31, 2010

Tax compliance isn’t cheap. According to a new report from the President’s Economic Recovery Advisory Board, headed by Paul Volcker, companies are spending a total of more than $40 billion per year, or more than 12 percent of the revenues collected. ...

BizTaxBuzz: CFOs: What Your Board Needs to Know About Taxes

August 30, 2010

If your organization's board is still in the dark about recent IRS moves targeting uncertain tax positions, it's time to enlighten them. Help Your Board Get a Grip on Tax Risk | Source: The Big Fat Finance Blog . ...

BizTaxBuzz: Report: New 1099 Regulations Needed to Stop Tax Evaders

August 18, 2010

New regulations imposing deluge of 1099s on small businesses are needed to stymie tax-dodgers, says the Center on Budget and Policy Priorities. Report: Why We Need the 1099 Deluge | Source: The Big Fat Finance Blog . ...