Tax & Accounting Blog

11-11 Alibaba Shopping Festival:  Others chop their hands off, we talk about tax

11-11 Alibaba Shopping Festival: Others chop their hands off, we talk about tax

  My friend Lily announced she has received her 31st parcel ordered on 11-11 Shopping Festival (usually called as “Double 11”) this morning. I want to chop my hands off, Lily said. In China, Hands-chopping People refer to big online spenders who self-mockingly say that they would like to chop their hands off after buying … Read More

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A Name on the Taxpayer Black List Could Freeze A Business in China

China Tax News reported 6 tax audit cases, which have brought the revised Taxpayer Black List regime and the Joint Punishment mechanism under spotlight. The Black List regime took its debut in July 2014, upon State Administration of Taxation (SAT) announced Bulletin 2016 No. 41 (Measures for the Disclosure of Significant Tax Law-breaking Cases). … Read More

The Japan Chamber of Commerce and Industry Opinion Enforcement on EPA Compliance

The Japan Chamber of Commerce and Industry Opinion Enforcement on EPA Compliance

Japan Chamber of Commerce Industry signals higher standards for FTA/ EPA benefit qualification in its latest circular The Japan Chamber of Commerce and Industry (JCCI) regularly provide email notification for updates on Economic Partnership Agreement (EPA) information to its members (exporters). The latest notification, sent out on October 11, 2016, focuses on tighter FTA (Free … Read More

‘Tis the Season for Holiday Marketing Personalization

‘Tis the Season for Holiday Marketing Personalization

In my last post, I talked about holiday marketing for CPA firms and other professional service providers. Sticking with that theme, today’s post is about holiday cards. More importantly, it’s about personalization – holiday card personalization. Business is all about relationships. Even retailers strive to make connections with their target markets, and some are more … Read More

Proforma Your Clients into 2016 UltraTax CS®

Proforma Your Clients into 2016 UltraTax CS®

If you used 2015 UltraTax CS or converted data from another tax application, you can proforma (or advance) client data into 2016 UltraTax CS after the release in late November. The Proforma dialog is accessible by clicking Utilities from the menu bar and then choosing Proforma. In addition, you can also proforma … Read More