In the simplest terms, organizations both large and small around the world can all be segmented into two categories: those who recognize that they’re targets for cyber attacks, and those who don’t. Fact is, businesses today store and transfer more https://deandorton.com/how-does-cyber-security-work/
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Check Your Connections: Three Things You Might Not Know About Nexus
Most multi-state businesses are familiar with the concept of “nexus”—the minimum connection necessary before a state can exercise its taxing authority over a taxpayer. Traditionally, nexus was synonymous with “people” and “property,” that is, having https://deandorton.com/check-your-connections-three-things-you-might-not-know-about-nexus/
M&A Due Diligence: Quantitative & Qualitative Assessments
Consider both quantitative and qualitative assessments In mergers and acquisitions, the target company’s financial statements provide the numbers to support the selling price. But how sustainable are those quantitative results? Increasingly, https://deandorton.com/ma-due-diligence-quantitative-qualitative-assessments/
Ten Ways to Deal with Excess Inventory
No matter how lean your operation is, your company will likely end up with excess inventory at some point. The culprit may be previously purchased product arriving from areas with supply chain constraints, purchasing too much, or overly optimistic https://deandorton.com/ten-ways-to-deal-with-excess-inventory/
Tax Cuts and Jobs Act: Impact for Real Estate, Vol. 5
The fifth and final installment is somewhat of a smorgasbord of information that is relevant to the real estate industry, but not as tax law intensive as our previous installments. Like-kind exchanges Previously, taxpayers could elect to defer gains https://deandorton.com/tax-cuts-jobs-act-real-estate-5-2/
What is all the fuss about? Changes to Kentucky’s sales tax code
As we reflect on the recent Kentucky sales tax changes, we do not see significant impacts targeted at the energy-related industries. However, the sales tax points raised below should help all companies, including those in the energy industry. Prior https://deandorton.com/kysalestaxcode/
You May Need to Renew Your ITIN
An ITIN — Individual Taxpayer Identification Number — is used by non-residents of the U.S. who are not entitled to work in the U.S. (and therefore cannot obtain a social security number) to satisfy their U.S. tax filing and payment obligations. All https://deandorton.com/renew-itin/
Employee vs. Contractor
Third party relationships have become more important as companies look to leverage outside expertise. As relationships evolve, management needs to keep a close eye to determine if the third party contractor has become an employee through the eyes of https://deandorton.com/employee-vs-contractor/
Form 1099 Changes Made Me Upgrade Microsoft Dynamics GP
Unless you are using Microsoft Dynamics GP (GP) for payroll, or you just want to be on the bleeding edge of technology, most GP users will choose to upgrade their software somewhat infrequently. They will usually stay within a version or two of the https://deandorton.com/form-1099-changes-made-me-upgrade-microsoft-dynamics-gp/
What to Know About Filing Your 1099s
With the arrival of 2020, it’s time for issuing 2019 1099-MISC forms. Forms for non-employee compensation (box 7) must be provided to recipients and the IRS by January 31, 2020 per the IRS. If filing a 1099-MISC form for other than non-employee https://deandorton.com/what-to-know-about-filing-1099s/