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SAP MDG implementation best practices for modern finance teams

Finance leaders have progressed beyond reactive reporting toward proactive decision-making, making master data quality a fundamental strategic advantage for organizations. Master Data Governance serves as an essential foundation that organizations cannot afford to ignore anymore.  Master data quality establishes a direct relationship with financial business performance, producing quantifiable results that

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Macron vows retaliation if Trump’s tariffs attack EU digital sovereignty

French President Emmanuel Macron vowed a strong response if any country takes measures that undermine Europe’s digital sovereignty.  Earlier this week, President Donald Trump threatened to impose fresh tariffs and export restrictions on countries that have digital services taxes or regulations that harm American tech companies. France was among the

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Zuckerberg pressed Trump on digital taxes before tariff vow

President Donald Trump threatened to inflict “substantial” tariffs on countries that impose digital taxes just days after Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg raised concerns about the levies during a White House meeting. The Facebook co-founder visited Trump late last week, according to people familiar with the private

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Tax Fraud Blotter: Hairy situations

Find the subcontractor; think ‘Vandelay Industries’; seen the light; and other highlights of recent tax cases. Orlando, Florida: Eduardo Anibal Escobar, Carlos Alberto Rodriguez and Adelmy Tejada, all of Orlando, were sentenced for conspiracy to commit wire fraud and conspiracy to commit tax fraud. Escobar was sentenced to four years

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In the blogs: It could happen to you

Get that 1040V in the mail; OBBBA’s ongoing effects; it’s beginning to look a lot like Christmas; and other highlights from our favorite tax bloggers. It could happen to you Don’t Mess with Taxes (http://dontmesswithtaxes.typepad.com/): Tips for the next big lottery winner. TaxConnex (https://www.taxconnex.com/blog-): The liability for sales tax non-compliance

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West Virginia weather victims get tax relief

Bloomberg via Getty Images Individuals and businesses in West Virginia affected by severe storms, straight-line winds, flooding, landslides and mudslides that began on June 14 now have until next Feb. 2 to file various federal individual and business returns and make tax payments. Following the disaster declaration issued by the Federal

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IIA protests GAO budget cuts

The Institute of Internal Auditors expressed its opposition to efforts to slash the funding of the Government Accountability Office nearly in half. Republicans on the House Appropriations Committee have proposed steep budget cuts for the GAO, reducing its budget from about $812 million for fiscal year 2025 to $415 million

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Opsahl Dawson expands alongside Ascend

Opsahl Dawson, one of Accounting Today‘s fastest-growing firms, has been increasing its footprint as part of the private equity-backed Ascend platform and recently relaunched its website and brand. “We built our website maybe 10 years ago,” said CEO Aaron Dawson. “But the firm has since doubled, if not tripled, in

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IRS backtracks on layoff plans

The Internal Revenue Service is reportedly reversing course on some of its wide-ranging job cuts after realizing they reduced the staff too drastically.  The IRS sent a memo permitting employees to rescind their applications for its Deferred Resignation Program and Treasury Deferred Resignation Program, which offered incentives for voluntary buyouts

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On the move: KSM adds real estate partner

The Financial Accounting Foundation Board of Trustees, Norwalk, announced: the selection of Dalia Blass to serve as its new board chair, succeeding current FAF chair Edward Bernard for a three-year term after his term concludes Dec. 31, 2025; the appointment of Erin Hill as the foundation’s new executive director, effective

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