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Patentability of ML/AI and Software-Based Inventions: Key Considerations
Today, the proliferation of machine learning (ML) and artificial intelligence (AI) is significantly changing the business landscape.
Supply Chain Risk Management in the Retail Industry
Supply chain shortages and delays have cost companies millions of dollars and caused a slew of issues, making it harder for businesses to meet consumer demands.
Responding to Ethical Dilemmas in the Accounting Profession
Accountants are often faced with situations that challenge their ethical principles and standards. Failure to respond to these situations appropriately can lead to severe consequences, such as legal and reputational damage.
The Changing Tides of M&A Transactions: Key Considerations and Best Practices
After the past 18 months of exceptionally strong market conditions, there is currently a lot of uncertainty in the marketplace and many private business owners are wondering: Is now still the right time to sell my company?
Major Reforms in R&D Tax Credits 2023: Exploring Opportunities for Your Firm
The Tax Cuts and Jobs Act (TCJA) has been beneficial for companies engaged in research and development (R&D). It kept the R&D tax credit permanent and eliminated other tax credits and incentives in exchange for lower tax rates. However, beginning after December 31, 2021, the taxpayer option to deduct current R&D expenditures was abolished. It now requires the charging of expenditures to a capital account and amortizing them in a specified number of years.
Enterprise Resource Planning (ERP) in the Cloud: Exploring the Benefits and Drawbacks
Today’s dynamic marketplace presents substantial challenges to static business models. As manual processes and disparate systems won’t be enough to keep up with the relentless service economy and shifting consumer demands, future-proofing your business has become more crucial than ever.
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