Which Side of the Tax War Are You On?

Posted by Traci WheelercloseAuthor: Traci Wheeler Name: Traci Wheeler
Email: traci@redmoonsolutions.com
Site: http://blog.redmoonsolutions.comt
About: Traci is a member of the executive leadership team and leads our sales and marketing efforts at Red Moon Solutions. She has over ten years of software business experience serving small and large clients in a variety of industries.See Authors Posts (102) on Feb 21, 2012 in Events, February, Tax | 0 comments

With the November presidential election rapidly approaching, there are all kinds of issues creating heated debates on both sides of the aisle. However, the one that will be at the forefront of this next election is how to fuel the economy, create jobs and put people back to work, and with that discussion comes the issue of whether taxes should be raised or lowered.

A good visual of where the two sides stand and what job growth in correlation to top marginal income tax rates has looked like over the last forty years with seven different presidents is provided in the below infographic posted in late 2011 by Jane Hendrick on G+, a Gerson, Lehrman Group community.   

Here is a Way to Stay Up-to-Date on Tax & Not Lose Time

Posted by Traci WheelercloseAuthor: Traci Wheeler Name: Traci Wheeler
Email: traci@redmoonsolutions.com
Site: http://blog.redmoonsolutions.comt
About: Traci is a member of the executive leadership team and leads our sales and marketing efforts at Red Moon Solutions. She has over ten years of software business experience serving small and large clients in a variety of industries.See Authors Posts (102) on Feb 15, 2012 in Empowerment Series, February, Tax | 0 comments

Today’s tax professionals are extremely busy.  There is barely enough time in the day to get all of the work done much less read corporate tax articles and opinions and stay abreast of the latest tax law changes.  I understand how difficult that can be.  My own e-mail inbox is filled with articles, blogs and newsletters I always have good intentions of coming back to read when I have some “free time”.  Inevitably, most of those articles sit in my inbox for a couple of weeks and then finally get deleted as I try to keep the number of e-mails to a manageable level.

Because the articles I am deleting typically don’t impact my job, this kind of management of information is okay. 

Whistleblowers in Corporate Tax Departments: A Sign of Things to Come?

Posted by Traci WheelercloseAuthor: Traci Wheeler Name: Traci Wheeler
Email: traci@redmoonsolutions.com
Site: http://blog.redmoonsolutions.comt
About: Traci is a member of the executive leadership team and leads our sales and marketing efforts at Red Moon Solutions. She has over ten years of software business experience serving small and large clients in a variety of industries.See Authors Posts (102) on Feb 8, 2012 in February, Legal, Tax | 0 comments

No corporate tax department wants an IRS auditor digging through their work papers and documentation.  However, with the introduction of FIN 48 and now Schedule UTP, the transparency the IRS now has into a corporation’s tax positions is greater than ever.  These two initiatives alone have created a lot more work for the tax department and increased the visibility the corporate tax department has within an organization.  Corporate executives, who can be held responsible, are now paying more attention to tax risk management and the tax positions their companies are taking.  But there may be another cause for concern that should raise the eyebrows of corporate tax departments and corporate executives alike.

Corporate Tax Pros: Who Says You Can’t Have a Little Fun During Tax Season?

Posted by Traci WheelercloseAuthor: Traci Wheeler Name: Traci Wheeler
Email: traci@redmoonsolutions.com
Site: http://blog.redmoonsolutions.comt
About: Traci is a member of the executive leadership team and leads our sales and marketing efforts at Red Moon Solutions. She has over ten years of software business experience serving small and large clients in a variety of industries.See Authors Posts (102) on Feb 2, 2012 in Empowerment Series, February, Motivation, Tax | 2 comments

We’re a month into tax season, which means long hours, overwhelming amounts of work, and very little fun for corporate tax professionals. I agree there is no getting around it during tax season, but tax professionals have a tendency to burn the midnight oil for extended periods of time. While this is an admirable quality (and one most employers love), it can be to a detriment to you, and, ultimately to your team, your work quality and your organization.

Even during busy times, we all need to blow off some steam and have a little fun.

Attitude is Everything…Especially During Tax Season

Posted by Traci WheelercloseAuthor: Traci Wheeler Name: Traci Wheeler
Email: traci@redmoonsolutions.com
Site: http://blog.redmoonsolutions.comt
About: Traci is a member of the executive leadership team and leads our sales and marketing efforts at Red Moon Solutions. She has over ten years of software business experience serving small and large clients in a variety of industries.See Authors Posts (102) on Feb 1, 2012 in Empowerment Series, January, Motivation, Tax | 6 comments

Last summer, my oldest son, Garrett, joined a U9 Academy soccer team to work on his skills and start transitioning toward more competitive play.  Needless to say, we have spent countless hours at the soccer field for practice and traveled every Saturday to compete against local teams in our area.  One of the things that has shocked me throughout this experience is the bad attitude of some of the kids on opposing teams and even more shockingly, some of the parents.   Regardless of how my son plays or whether his team wins or loses, my husband and I have always tried to impress upon him the importance of a good attitude.  In fact, we have gone so far as to tell him if he doesn’t exhibit a positive attitude and good sportsmanship, we will personally walk out on the field and take him off.