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Over the past few years, subscription boxes have increasingly grown in popularity. This method of selling products delivers packages right to customers. Buyers sign up for regular delivery of everything from food, makeup, music, books, pet supplies, flowers, clothes and more. This industry has ridden the wave of e-commerce and the growing expectation among shoppers that much of what they want to buy can come right to their door.
Forensic accountants have long used technological tools to uncover fraud schemes. But recent advances in “big data” have provided even better, more efficient techniques for identifying suspicious activities and dishonest employees. These are three common ways fraud experts use data analytics: 1. Association analysis This method can help identify suspicious relationships by quantifying the odds of a combination of data points occurring together.
Every marketplace is different, but at its core, each marketplace has a seller (supply) and buyer (demand) side, acting as an intermediary to bring them together. The metrics VCs use Read More. The post How to Measure Marketplace Success: Stage 1, Marketplace Metrics appeared first on Burkland.
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When attempting to manage your sales tax obligations across many different states, one of the first things to hit you will be the dizzying number of deadlines you must follow when filing sales tax returns. Due dates can include the 7 th , 10 th , 15 th , 20 th , 30 th and the last day of the month. Determining factors. Generally, the higher the volume of tax you’ll be reporting, the more often you have to file and remit.
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There comes a time in the growth of every successful business where the owner or CEO starts to feel that their basic bookkeeping simply isn't enough. If they're lucky, their books are clean and the integrity of their financial data is secure. (We'll let you figure out what their books look like if they haven't been so lucky.) Yet, in the growth process, owners find themselves wanting more from their data.
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Hewko v. Coffman Engineers, Inc., 2021 WL 3832241 (D. Alaska 2021). A participant in a self-insured ERISA health plan, in connection with a lawsuit over a benefits denial, asked the court to award him penalties for the plan administrator’s failure to furnish documents in response to a written request. (As background, a court may impose a penalty of up to $110 per day on an ERISA plan administrator that fails to furnish information within 30 days after a participant’s or beneficiary’s written req
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Beginning in tax year 2020, the IRS has updated its compliance rules for partnerships. Most partnerships will now be required to report their capital accounts. These accounts show the equity owned by each partner and typically include information like the initial contributions made by each partner, business profits and losses assigned to each partner, and […].
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Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.
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