Tax & Accounting Blog

Poland Issues Draft Amendment on Public Disclosure of Country-by-Country Reporting Information

Poland Issues Draft Amendment on Public Disclosure of Country-by-Country Reporting Information

On June 26, 2017, Poland issued a new amendment (new article 27b) to the Corporate Income Tax Act (CITA), which would require public disclosure of tax information for large taxpayers. The information disclosed would include the taxpayer’s name and tax identification number; relevant tax year; revenue; incurred expenses; earned income or loss; and … Read More

U.S. Congress Urges FASB to Require Public Disclosure of Country-by-Country Reporting Information

U.S. Congress Urges FASB to Require Public Disclosure of Country-by-Country Reporting Information

On July 18, 2017, Members of the U.S. Congress sent a letter to the Financial Accounting Standards Board (FASB) with respect to FASB’s proposed Accounting Standards Update regarding the Disclosure Framework project on income taxes. The Disclosure Framework project is intended to improve the effectiveness of disclosures in the notes to financial statements. … Read More

7 Smart Reasons for Your Payroll Clients to Use Time Clocks

7 Smart Reasons for Your Payroll Clients to Use Time Clocks

Looking to enhance your payroll offering? There’s no better way than placing time clocks in your clients’ businesses. Time clocks are simple to implement; in many cases they integrate with your current payroll software. They also provide an additional revenue stream for your firm, in addition to other benefits we’ll explore in this post. Benefits … Read More