AI-curated news for your industry

The tax industry is undergoing significant transformation, but most corporate executives have not yet fully tapped into the potential of tax data and technology. KPMG's latest survey shows that although most respondents claim to frequently use tax data, there are still significant deficiencies in practical application: 52% do not use it for policy scenario planning, 64% do not align it with ESG strategies, and 64% do not use it to identify tax credits. The article calls on executives to confront the skills gap and strengthen tax data application through talent upgrades or managed services to gain a competitive advantage in a complex regulatory environment.

Pipe co-founder Harry Hurst believes that startups should not wait until revenue hits $50 million to hire a CFO. Drawing on his own experience, he argues that bringing in a financial leader early helps establish a solid financial model, optimize unit economics, protect cash flow, and effectively manage risk, thereby laying the groundwork for long-term growth.

With the B2B e-commerce market projected to reach $25.65 trillion by 2028, more enterprises are shifting to multi-seller marketplace models. However, the complexity of dynamic pricing systems has become a major challenge for companies adopting this model for the first time. Written by Ryan Lee, CEO of Nautical Commerce, this article explains the principles of dynamic pricing, three mainstream pricing strategies, and key implementation points.

Cannabis industry accountants often struggle due to reliance on traditional control measures. The article analyzes how IRC 280E limits tax deductions and how costs can be allocated to inventory and cost of goods sold (COGS) under IRC 471 to legally reduce tax burdens. It also points out that poor bookkeeping can lead to fines exceeding $70,000 and cites the Alterman v. Commissioner case as a warning of risks. Finally, it recommends using industry-specific accounting tools and rigorous daily-to-annual processes to balance GAAP and tax compliance.

In the wake of Terra Luna's collapse, Metallicus CFO Irina Berkon contends that reserve-backed stablecoins remain vital for the future of programmable money, urging regulators and fintechs to focus on transparency and compliance rather than abandoning the technology.

In today's high-growth companies, the collaboration between CFOs and COOs is increasingly critical. Based on their own experiences, two executives at Workiva propose steps such as building trust, continuous engagement, and data-driven decisions to break down functional silos and achieve strategic alignment, thereby driving business outcomes.

Federal authorities are accelerating the second phase of fraud investigations related to COVID-19 stimulus programs, with enforcement priorities shifting from early obvious fraud cases to complex violations involving multiple programs such as PPP, EIDL, and ERC. This article advises CFOs and financial executives to engage white-collar criminal defense attorneys early to conduct internal reviews, mitigating potential risks in loan forgiveness applications, tax filings, and whistleblower lawsuits.

RoseRyan President David Roberson, based on his practical experience with the company's acquisition by ZRG, distills four key points in M&A—'cast a wide net, set priorities, prepare for all contingencies, and plan for the long term'—and provides actionable recommendations.

As the SEC's proposed climate disclosure rules advance, CFOs face compliance pressure, but the author points out this is also a business opportunity. By implementing an ESG data management platform, companies can meet investors' demands for accurate, complete, and auditable data and establish a competitive advantage. A survey shows that 69% of investors have a consensus on the attributes of investment-grade ESG data, but most companies' data credibility is insufficient.

Over the past year, supply chain issues such as port congestion and container shortages have forced some retailers to turn to air freight, but furniture, due to its large size, heavy weight, and concentrated manufacturing, is difficult to adopt this approach. Industry executives and consulting experts point out that unpredictable ocean shipping and port congestion remain the biggest pain points, and companies are responding by increasing inventory, changing entry ports, and expanding sourcing and production bases in Vietnam, India, Turkey, and Mexico.