Taxaroo adds Spanish workflows, referral program to software

The referral program is particularly timely for the age of COVID, as digitally-enabled sales interactions have become twice as important as prior to the pandemic, according to a McKinsey report. Original Article Posted at : https://www.accountingtoday.com/news/taxaroo-adds-spanish-workflows-referral-program-to-software

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IRS plans a 50% ramp-up in audits of small businesses next year

The Internal Revenue Service is planning to ramp up audits of smaller businesses and their investors by about 50 percent next year, following years of persistently low examination rates, an agency official said Tuesday. Original Article Posted at : https://www.accountingtoday.com/articles/irs-plans-a-50-ramp-up-in-audits-of-small-businesses-next-year

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Comparing Europe’s Tax Systems: International Tax Rules

Today’s map looks at how European OECD countries rank on international tax rules and is the last in our series examining each of the five components of our 2020 International Tax Competitiveness Index (ITCI). International tax rules define how income earned abroad and by foreign entities are taxed domestically, making them an important element of…

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Coronavirus delays IRS reorganization

The pandemic is throwing a monkey wrench into plans for the Internal Revenue Service to reorganize itself to provide better taxpayer service. Original Article Posted at : https://www.accountingtoday.com/news/coronavirus-delays-irs-reorganization

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Businesses reassess leases and accounting amid coronavirus

Nearly one-third of companies are reducing their overall real estate footprint as a result of the COVID-19 pandemic, with 31 percent of companies renegotiating leases for more favorable terms, according to a new report. Original Article Posted at : https://www.accountingtoday.com/news/businesses-reassess-leases-and-accounting-amid-coronavirus

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