Tax Accounting & Finance

From Crisis to Recovery: Overcoming Hospital Bankruptcy in the Post-Pandemic Era


The COVID-19 pandemic has affected a lot of individuals and businesses alike. Even the healthcare industry was not spared, resulting in a growing number of bankruptcy filings this year. According to reports, the number of healthcare bankruptcies that were filed in the first half of this year is almost equivalent to the number of filings last year. The Warning Signs: Identifying Financial Distress in Hospitals A study says that there are six factors that contribute to financial distress in hospitals: Capital Market Constraints: Interest rates are at their highest level, affecting the borrower’s cash flow, [...]

From Crisis to Recovery: Overcoming Hospital Bankruptcy in the Post-Pandemic Era2023-09-21T03:36:19-04:00

Top 10 R&D Tax Credits & Amortization Benefits


R&D tax credits and amortization can save businesses money on research and development expenses. In this infographic, learn how to amplify your returns while driving forward the frontiers of research and development. Learn more at our complimentary Webcast: Understanding R&D Tax Credits and Amortization: Navigating Changes and Maximizing Benefits Upcoming Webcasts Upcoming Webcasts back

Top 10 R&D Tax Credits & Amortization Benefits2023-08-23T03:43:13-04:00

Latest Dynamics in R&D Tax Credits and Amortization


R&D Tax Credits: Encouraging Innovation Research and development tax credits are a government incentive designed to stimulate R&D activities across various industries. By offering tax breaks to businesses engaged in qualifying R&D projects, governments aim to foster innovation, enhance competitiveness, and drive economic growth. As of 2023, several countries have made noteworthy updates to their R&D tax credit programs: Expansion of Eligibility Criteria: Many jurisdictions have expanded the definition of eligible R&D activities to encompass a broader range of industries and technological advancements. This includes areas such as software development, clean energy technologies, and biotechnology. [...]

Latest Dynamics in R&D Tax Credits and Amortization2023-08-23T03:52:41-04:00

3 Common Ethical Dilemmas Accountants Face


Accountants frequently encounter several ethical dilemmas that are commonly observed. Explore the intricate ethical balancing act accountants undertake through our informative infographic. Interested in learning more? Join our webinar: Responding to Ethical Dilemmas in the Accounting Profession LIVE Webcast Upcoming Webcasts Upcoming Webcasts back

3 Common Ethical Dilemmas Accountants Face2023-06-14T02:43:46-04:00

5 Common Challenges Faced by Accountants


Ethical dilemmas are an everyday reality for those in the accounting industry. In this article, we'll shed light on the ethical pitfalls that accounting professionals encounter in their daily lives. Let's get started! Conflicts of Interest Trust is crucial for accountants, just as it is in our personal relationships. Because of this, others may assume that it's harmless to rely on their accountant friends for financial help, but that's not entirely accurate. Conflicts of interest arise when personal or financial relationships intersect with accountants’ professional obligations. These situations can compromise one’s objectivity and impartiality. To [...]

5 Common Challenges Faced by Accountants2023-06-14T02:40:23-04:00

Understanding Hedge Fund: Quick Guide


Here's a quick guide to hedge funds! Learn about their unique strategies, risks, and rewards in this informative infographic. Come and join our webinar: ABCs of Hedge Fund and Private Equity Fund Formation Upcoming Webcasts Upcoming Webcasts back

Understanding Hedge Fund: Quick Guide2023-05-11T02:18:23-04:00

The Benefits of Tax Automation


In this infographic, we will delve into the various benefits of tax automation, including increased accuracy, reduced costs, and scalability! Check out The Knowledge Group’s webinar “Transforming Businesses with Tax Automation: Effective Tools and Best Practices,” Want to solve tax for good? Get in touch with Sovos Upcoming Webcasts Upcoming Webcasts back

The Benefits of Tax Automation2023-04-04T23:55:29-04:00

Advancing Tax Compliance with Automation


In today's fast-paced business landscape, companies are constantly adapting to stay ahead of the competition. Recent years have witnessed a significant increase in the adoption of automation —a game-changing solution that has transformed the way businesses operate. This shift has transformed many industries, including the tax sector, and has enabled businesses to streamline processes and achieve greater efficiency. Let’s explore the benefits of tax automation and discover best practices that can help businesses transform their compliance processes. To start with, let us define tax automation. What is Tax Automation? Tax automation refers to the use [...]

Advancing Tax Compliance with Automation2023-04-04T23:52:16-04:00

5 Common Types of Junk Fees


Junk fees can show up in various products and services. But the more one knows about how they may be at risk, the easier it is to avoid it. Here’s an infographic of some of the common types of junk fees that you should know. Join our webinar: Regulatory Trends to Watch Out for in Consumer Finance Upcoming Webcasts Upcoming Webcasts back

5 Common Types of Junk Fees2022-12-27T04:22:47-05:00

Watch Out: Junk Fees Right Under Your Nose!


Today, the high cost of junk fees imposed by some companies is hitting the most vulnerable consumers to the core. While these unnecessary fees offer no benefits to consumers other than adding costs to their bills, they eclipse the actual cost of a product or a service. This article will discuss the common types of junk fees and how we can detect them. What is a Junk Fee? A junk fee is a surprise cost charged to a consumer's bill after signing up for a product or service. Also called hidden fees, they are usually [...]

Watch Out: Junk Fees Right Under Your Nose!2022-12-27T04:19:13-05:00

5 Reasons Why Ethics is Essential in Accounting


Accountants play a critical role in business as they have access to intimate financial information. However, some have failed to value the importance of ethics and compliance. Here's an infographic of why you should ensure to practice ethical standards in your accounting profession. Join our webinar: Understanding Ethics in the Accounting Profession: A Comprehensive Guide Upcoming Webcasts Upcoming Webcasts back

5 Reasons Why Ethics is Essential in Accounting2023-01-09T01:23:25-05:00

The Integral Role of Ethics in Accounting


Accountants are professionals; hence, they are expected to act like one. They’re the key personnel who can access the intimate financial information of individuals and businesses. With such a crucial responsibility, they must abide by the rules and values in the accounting profession known as ethics. According to Oprah Winfrey, “Real integrity is doing the right thing, knowing that nobody's going to know whether you did it or not.” It takes a lot to be honest and sustain integrity in the face of many temptations. For this reason, not all accountants can stay true to their [...]

The Integral Role of Ethics in Accounting2022-12-21T01:50:45-05:00

Tax Considerations in Today’s M&A Market


The mergers and acquisitions (M&A) space rose to unprecedented heights in 2021 due to low-interest rates, easy access to capital, and a booming stock market. And although M&A activity slowed down in 2022, it is expected to bounce back to pre-pandemic levels in the coming year. But with major geopolitical, financial, and regulatory headwinds ahead, buyers and sellers must keep up with current developments to successfully navigate the changing tides of M&A transactions. Avoiding Tax Issues in M&A Transactions The process companies undergo when negotiating M&A deals is fraught with issues, especially when it comes to [...]

Tax Considerations in Today’s M&A Market2022-12-15T03:08:07-05:00

Be Audit-Ready: A Lease Accounting Software You Need


The current state of the market across industries reflects in the way companies adapt and respond to changes impacting a wider aspect of better financial service. These changes are tied up with expanded economic transitions that are taking place today after the hard shocks from the Covid-19 pandemic hit us. On the compliance front, most businesses are gearing up to meet compliance requirements within a specified timeframe. In particular, accounting challenges in the leasing sector include achieving compliance in the wake of new accounting standards: Financial Accounting Standards Board (FASB), ASC 842, and International Accounting Standards [...]

Be Audit-Ready: A Lease Accounting Software You Need2022-11-30T03:33:53-05:00

4 Proven Ways to Maximize Your Lease Management Strategy


With the introduction of new lease accounting standards, lease management has become essential for companies to foster growth and maintain compliance. In this infographic, explore 5 steps on how your organization can leverage leases to make strategic decisions! Check out our upcoming webcast: Trends, Challenges, and Opportunities in Commercial Real Estate Finance  For more information on how to unlock value from your lease portfolio, contact Visual Lease. Upcoming Webcasts Upcoming Webcasts back

4 Proven Ways to Maximize Your Lease Management Strategy2022-11-30T03:42:08-05:00
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