Manufacturing Leads the Economy with Two Key Trends

The 2015 Annual AICPA Global Manufacturing Conference was held last month in Denver, Colorado. Among the many topics presented during the two day conference, there were two recurring themes amongst all of the presenters: The increasing emphasis on technology in global manufacturing The continued resurgence of the manufacturing industry since

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Why You Should Care about Subcontractor Pre-qualification

Does your construction firm commonly subcontract work to other contractors? Have you properly vetted these subcontractors – not just the quality of their work, but their ability to perform financially? If not, you could be leaving your firm susceptible to an unnecessary amount of business risk. Pre-qualifying subcontractors is an

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Top Imperatives for Internal Audit

Risk management is an essential area for many companies. Focusing on key issues such as process review and optimization, system functionality and policy compliance are key steps in this process. More and more management is relying on internal auditors to help address strategic issues and manage existing and emerging enterprise

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Michigan Repeals IBM Three-Factor Apportionment Decision

Michigan’s Multistate Tax Compact and the use of the three-factor apportionment formula for purposes of the Michigan Business Tax (MBT) are once again making headlines. Since 1970, Michigan has been a part of the “Compact” – along with multiple other states – that allows a taxpayer to elect a state’s

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Sales Tax: Here, There, Everywhere

Earlier this month, the Alabama Department of Revenue challenged the U.S. Supreme Court’s 1992 ruling in the landmark sales tax case Quill Corp v. North Dakota (1992). The decision from 1992 case regarding sales tax nexus confirmed that in order for an entity to have nexus in a state it

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