Tax & Accounting Blog

Unemployment Rates and Important Due Dates

Unemployment Rates and Important Due Dates

This month, let’s discuss unemployment rates. Most states set unemployment rates using individual company fund balances, type of industry and experience. The following states also allow companies to “buy down” their individual unemployment rates for the next year by making a voluntary contribution. This calculation is available on the state websites (e.g. Massachusetts … Read More

What is the difference between a U.S. customs audit and an FTA verification?

What is the difference between a U.S. customs audit and an FTA verification?

What is the difference between a customs audit and a Free Trade Agreement (FTA) verification? An audit, is a broader inquiry that can cover any legal requirement whereas a verification is specific to origin and FTA compliance. Customs audits are generally more broad, focused on a wide range of customs issues and are typically risk-based, … Read More

Norway and U.S. Sign Competent Authority Agreement to Exchange Country-by-Country Reports