The tax on high-cost health plans, which are often referred to as Cadillac plans, is expected to impact a considerable share of the plans provided by healthcare organizations for their own employees, as much as 39% by 2020. The implications are significant because the excess-benefits tax requires the employer to pay 40% on the value of the portion of the plan that exceeds thresholds set by the Patient Protection and Affordable Care Act. Employers also need to consider that the tax is measured as a direct function of plan cost, and not actuarial plan value, and that a number of factors can drive excise-tax exposure.
Following the U.S. Supreme Court’s landmark decision in South Dakota v. Wayfair, states may now require sellers to collect and remit indirect taxes on the basis of economic presence. In the coming months, taxpayers can expect to see a flood of additional states adopting similar standards, requiring sellers to react quickly.
Now that Quill has been overturned, what is next for sellers? Download your copy of Navigating a world without Quill, to:
• understand the business implications of the South Dakota v. Wayfair Supreme Court decision
• consider tasks necessary to determine compliance with economic nexus standards
• access a checklist for assessing how this indirect tax case impacts your organization
Published By: Data Stax
Published Date: Oct 14, 2016
Financial services companies engage with customers across multiple channels and across a range of financial products. This wealth of customer information is often stored in isolated data silos. Building a 360° view of the customer can directly impact customer experience and help banks grow customer retention, upsell products and provide compelling interactions. This paper examines the challenges these institutions face when creating a 360° view of every customer interaction, what database requirements the lines of business should look into, and use cases to benefit from by leveraging DataStax Enterprise, the database platform purpose built to power cloud applications.
Most tax departments spend 80 percent of their time collecting and manually inputting data and 20 percent reviewing it. Using tax technology, you can flip those proportions and transform how you gather, use, store and reuse data across your global tax processes.
This step-by-step guide discusses how technology can convert each challenge in your tax lifecycle to an opportunity for your success. Download today!
Emerging tax legislation and regulatory changes have proven a challenge to tax departments over the past couple years. How can your tax department come out on top?
Explore what’s driving the game-changing shifts within direct tax and how a tax technology strategy enables exceptional tax management, propelling both your department and organization forward. Download the free white paper today.
“How much do we owe?” seems like a question that should have a straightforward answer, but for corporate tax professionals, an extensive amount of work can go into that one figure.
Download this white paper to learn how best-in-class companies are striving to automate data-entry wherever they can to reduce both cost and risk while improving the speed at which information can be accessed.
Even if one minute a day is lost to productivity drains because of PC horsepower allocation to security scans and remediation, the cost over a year across a medium-sized enterprise adds up quickly. A 10,000 employee operation would face over $10M in direct productivity losses alone. As an early trigger for expensive PC hardware refresh is an onslaught of help desk calls, many companies find that they can actually extend the hardware refresh cycle out another 12–24 months simply by employing a security solution that does not tax the PC as heavily. The indirect costs associated with brand reputation and opportunity losses add untold thousands of dollars per year as well. Further, some institutions under green initiatives monitor power consumption related to security measures favor solutions that use less energy. As such, forward-thinking enterprises are looking beyond the software license fees when evaluating security software alternatives.