Technology Blog

Armanino’s Technology Blog informs technology and software CFOs and executives of the latest industry trends, rule changes and best practices. Our professionals bring you their insights and advice from an accounting and organization perspective to help your company reach its goals.

Friday, January 17, 2014

Traveling Employees Equal Potential Tax Liabilities

Do your employees periodically travel outside their state of residence for work purposes? Do you withhold individual state income tax in these states related to this travel? Are your employees aware of their income tax filing requirement in these states? Depending on the answers to these questions, it may be an appropriate time to review …

Tuesday, October 15, 2013

A ‘No Surprises’ Approach to Sales & Use Tax

CFOs eager to trade 40% domestic tax rates for 15% tax rates abroad face a daunting set of questions and hurdles. So do CFOs preparing their companies for a liquidity event. But both journeys are well worth taking–if handled with care. Sales and use tax liabilities could be a sticking point for tech companies moving …

Monday, July 22, 2013

International Tax: Offshore Sales and the Taxman

There are a world of uncertainties in expanding into foreign markets. But positioning your intellectual property and sales structures to minimize U.S. tax implications shouldn’t be among them. The U.S. Internal Revenue Service has established a set of guidelines for firms seeking to operate offshore. Make no mistake: There will always be a U.S. tax …

Tuesday, June 25, 2013

Cloud CFOs Weigh In on Sales Tax Exposure

One Silicon Valley CFO said, “Do I worry about sales tax compliance at a CFO level? Absolutely. It’s a significant enough compliance issue and potentially carries enough dollar liability that it’s high on my agenda. Where CFOs go most wrong is in not thinking about where they should be collecting sales tax early enough before …

Wednesday, June 12, 2013

Tax Complexities Await When Your Workforce Travels

For many companies, doing business means venturing beyond the borders of their home states. But the mobile workforce of employees that companies send to other states is increasingly exposing those companies to new tax liabilities, and savvy business leaders are seeking expert advice before complications arrive. Because states are looking to find new sources of …

Monday, May 13, 2013

Marketplace Fairness Act of 2013: Impact on Sales & Use Tax

I know there is a lot of buzz around sales tax when I see it in the associated press as I have recently around the Marketplace Fairness Act of 2013, and other “internet tax” legislation. My interest in this legislation extends beyond the implications of requiring small and medium businesses and internet retailers to collect …

8 Common Tax Issues with International Assignees

One of the challenges of expanding across country borders is the tax treatment of international assignees. Below are 8 common issues and problems to consider before sending an employee on an overseas assignment. The normal rules of the road change from when a domestic move is considered. In a domestic move, the employer only has …

Monday, April 22, 2013

7 Tips to Simplify Your Tax Return Process

To get a jump on next year’s tax return process, here are 7 quick tips to help the process to go smoother and be more efficient: 1. Plan Ahead Figure out what needs to be done, when the information will be available, and the deadline. 2. Put Together a Timeline Remember, many other companies will …

Tuesday, January 29, 2013

The Evolving Sales & Use Tax Landscape: The Great Cloud Migration

As on-premise software delivery models moved from tangible media to downloads (electronic transmission), states gradually revised their sales and use tax structures to include downloaded software (only 12 states with sales taxes currently do not tax downloaded software). Similarly, states are adapting to the current migration to The Cloud for software companies and other Cloud …

Monday, January 7, 2013

Improving the Tax Function: Cash Flow, Rates and Mitigating Risks

We recently spoke with the VP of Tax of a Fortune 500 multi-national corporation and asked him how to increase the value of the internal tax function of a company.  To run a successful tax function in a multinational corporation, he emphasized that a company must identify the areas that shareholders, board of directors and …

Next Page »