Intaxication: The Red Moon Solutions Tax Blog

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OK, How Much Corporate Tax Do We Really Pay?

Posted by Kelley Lear on Aug 2, 2011 in August, Compliance, Tax | 0 comments

Was interested to see an article out there on Business Week by Nanette Byrnes, posted on July 27, 2011 that was titled “What U.S. Companies Really Pay in Taxes”, which was a study commissioned by BusinessWeek that discusses findings from the study, and presenting what Corporate America “really” pays the IRS for taxes. Always worthy of note for us corporate tax professionals out there…especially those of us who have been keeping up on the liturgy of rhetoric and media grandstanding, interspersed with some factual analysis. The latter being presented by various industry leaders and groups around corporate tax reform, current rates and the latest proposals surrounding the debt ceiling negotiations. This study finds rates from down to almost zero percent, up to almost 400% of income.

A Match Made in Heaven? Fixed Assets Managers and Property Tax

Posted by Traci Wheeler on Aug 31, 2010 in August, Blog, Events, Fixed Assets, Tax | 0 comments

A month or so ago at the IPT conference in Phoenix, I had the pleasure of meeting Mindy McLees, a senior property tax manager in the LA office of Moss Adams LLP.

During our lunchtime conversation, I learned that Mindy’s background was primarily in dealing with property tax matters, while I shared that my background was primarily around fixed asset management. Mindy mentioned a paper she co-wrote some time back regarding using fixed asset software to simplify property tax compliance. Curious as to whether the article was still relevant, she offered to share it with me.

Fixed Assets Systems: Square Peg, Round Hole? Part II

Posted by Kelley Lear on Aug 26, 2010 in August, Blog, Fixed Assets, Tax | 0 comments

This blog is the second in the series “Fixed Assets Systems: Square Peg, Round Hole”. To learn more, read the first blog, which touched on fixed asset systems’ necessary qualities.

ERP systems have been built by and for accounting professionals. They do not keep tax experts on staff nor do they develop tax technical capabilities; it is just not their mainstay. When dealing with any type of system, even systems that tell companies they can handle all depreciation requirements for tax, be leery. In our experience, those promises usually aren’t the reality.

Want Success? 5 Traits You Should Hire For.

Posted by Jim Shedivy on Aug 24, 2010 in August, Leadership, Motivation | 0 comments

I’m currently looking to fill a few positions here at Red Moon Solutions, as well one of my volunteer organizations. Throughout this process, I am consistently reminded of all the positions for which I have hired before. It seems that it did not matter whether I was adding to a staff of 8,000+ or to a staff of eight, it was just as important to “fill it right”. Similarly, whether I was seeking a person to fill a C-level position or a staff level position, it was critical to find someone who best exhibited the skills needed, but also one who carried with them a toolbox of special traits. As I go through this process, I must always remind myself of these traits, knowing they will only add to the success of the organization. I’m sharing my traits with you; use them in your hiring process, or create your own list:

The SaaS Revolution

Posted by Jim Shedivy on Aug 19, 2010 in August, Blog, Software, Tax | 0 comments

Where were you when you first learned of the “horrendous havoc” Y2K would bestow upon your company? Do you remember learning about the ‘web’—and how your company needed to “get on” it? Today’s versions are just as unique: “software as a service (SaaS)” and “cloud computing”. How much thought have you given to the ways it will change your business and business practices? It’s intriguing—and is one of the most (positive) technology changes in a while. We are poised at yet another major intersection of changing the ways that we do business. I see SaaS making three major differences in your practices—no matter what business you’re in.

Fixed Asset Systems: Square Peg, Round Hole?

Posted by Kelley Lear on Aug 17, 2010 in August, Blog, Fixed Assets, Tax | 0 comments

Recently, I participated in a Deloitte hosted Dbriefs webcast. It focused on reviewing common tax issues involving fixed assets systems, as well as important considerations when replacing or upgrading current systems. I also had the opportunity to read one of their latest white papers: “Fixed Assets Systems—Why the tax function needs to have a stake in the game”. In both pieces, Deloitte did a solid job of defining some of the key issues they see within major corporations:

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Blog Authors

Jim Shedivy

Jim focuses on the long term strategy and the alliance opportunities for Red Moon Solutions, a privately held family business. He has over twenty years of experience in managing tax technology projects and businesses.

Kelley Lear

Kelley is a member of the executive leadership team and leads our sales and marketing efforts at Red Moon Solutions. Kelley’s extensive experience in project management, product management, and consulting with Fortune 500 and Global 1000 clients is extremely important in this role.

Susan Sabatini

Susan Sabatini is the Client Services Manager at Red Moon Solutions. She uses her project management experience and a client focus to ensure Red Moon Solutions’ clients have successful implementations. Susan also leads our client support team.

Traci Wheeler

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.