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This webinar will be held on Thursday, December 5, 2024 at 1:00pm ET Sponsor: Canopy Software Duration: 1 Hour Register Now Join us for an insightful webinar designed to help accounting firms transform their workflows by first identifying and understanding their core and additional services. Through practical strategies and real-life examples, you’ll learn how to tailor workflows to specific service lines, eliminate unnecessary steps, and create a more efficient, organized, and profitable firm
Pay equity analysis refers to the systematic evaluation of compensation across an organization to ensure that employees receive fair pay for work of equal value. It’s not just about ensuring equal pay for identical roles — it also involves assessing the value of different jobs that require similar levels of skill, effort, and responsibility, ensuring comparable worth is accounted for.
Year-end planning can be overwhelming, but it doesn’t have to be. For finance teams, the end of the year is not just about celebrations — it’s about reviewing financial performance, setting new goals, and developing a strategic plan to ensure future success. However, without the right tools, this period can be full of last-minute scrambles, inaccuracies, and high levels of stress.
Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.
As the nation’s tax season approaches, the Internal Revenue Service is offering a variety of simple steps taxpayers can take now to prepare to file their 2024 federal tax returns. This is part of the IRS’s “Get Ready” campaign to help everyone prepare for the upcoming filing season in early 2025. “Our focus at the IRS continues to be on making tax filing easier and more accessible for everyone,” said IRS Commissioner Danny Werfel.
New Section 16(5) and (6) have been inserted in the CGST Act, 2017 through section 118 of the Finance (No. 2) Act, 2024 to extend the time limit to claim ITC in certain cases with retrospective effect. These sub-sections have been made effective from 1st July 2017. The CBIC has issued a detailed clarification on issues related to the implementation of Section 16(5) and (6) vide circular No. 237/31/2024-GST dated 15th October 2024.
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