Tax & Accounting Blog

Romania Issues Guidance on Automatic Exchange of Financial Account Information

Romania Issues Guidance on Automatic Exchange of Financial Account Information

On August 24, 2016, Romania’s Ministry of Public Finance issued guidance (Order No. 1939/2016) on automatic exchange of financial account information (AEOI) under the U.S. Foreign Account Tax Compliance Act (FATCA) regime and OECD Common Reporting Standard (CRS). Financial institutions in Romania have to begin reporting FATCA information by August 31, 2016, and … Read More

12 Brilliant Tips to Overcome Writer’s Block

12 Brilliant Tips to Overcome Writer’s Block

“Brilliantly brainstormed bits to battle business blogger’s block” was the original title for this post, but it’s a tricky tongue twister. If you’re struggling with writer’s block, you might appreciate getting straight to the point rather than tongue-in-cheek humor. These 12 inspired tips have been cultivated from a number of brilliant bloggers and personal blogging experiences. Whether … Read More

Transitioning to GST Involves Unparalleled Work and Big Challenges

Transitioning to GST Involves Unparalleled Work and Big Challenges

GST or VAT is prevalent in world over in almost 150 countries where no distinction is made between goods and services for levying tax. GST is a multi-layer tax where the consumer of the good or services bears the ultimate burden of the entire tax. In India, the current indirect taxes structure is complex and … Read More

Cleveland Merger: Is This Thing Happening or What?

Cleveland Merger: Is This Thing Happening or What?

The clock is ticking for one of Ohio’s poorest cities, East Cleveland, to come up with a proposal that would meet acceptable terms for a merger with nearby Cleveland. East Cleveland has been hemorrhaging funds for years due to a dramatic decline in population combined with lower average household income to support tax revenues for local services, ranging from trash collection … Read More

Four Types of Stories That Will Help You Earn More Business

Four Types of Stories That Will Help You Earn More Business

The title on this blog post was originally “Four Stories That Will Help You Sell More Services”. Do accountants, attorneys, payroll providers and bankers sell services? It sounds so tawdry. Ask any of your peers if they sell services and their unfiltered, off-the-cuff response will likely be “no” – until they think about it, and … Read More