Oklahoma State Tax Updates
For the latest news and updates on Oklahoma state and local tax.
Insights
The Vital Role of Independent Digital Forensics in Modern Criminal Defense
By Allison Katz
Did you know that over 90% of criminal prosecutions involve some form of digital evidence? As a result, the majority of criminal cases will involve digital forensics in some form. If you are not receiving digital evidence in your cases, you should ask yourself why. Cellebrite’s 2024 Industry Trends Survey found that, of the over…
The Future of AI at Work: How AI Is Reshaping Organizations
By Allison Katz
The business world is experiencing a monumental shift, propelled by the rapid advancement of artificial intelligence (AI). As we enter a new era, it’s evident that AI at work is not just a tool, but a powerful force that is transforming the way organizations function. In this blog post, we explore the innovative ways AI…
Withum Announces Firmwide Leadership Transitions
Exciting things are happening at Withum! As of July 1, a new class of leaders will take their places across the Firm’s industry, regional, and internal teams. These individuals were chosen for their technical expertise, leadership acumen and their dedication to living the Withum Way. As long-term members of these teams, this new leadership class…
Oracle NetSuite Honored With Frost & Sullivan’s 2024 Global Company of the Year Award
By Allison Katz
NetSuite has been discussing the competitive landscape of ERP solutions, particularly focusing on the value proposition, ROI and technological advantages of NetSuite compared to other systems like Microsoft Business Central, Intacct, and Acumatica. Why NetSuite Stands Out Here are some key reasons why NetSuite continues to lead: Frost & Sullivan’s assessment highlighted: For more details…
CDK DMS Cyberattack: What Dealerships Need To Do When They Are Back Online
By Allison Katz
Many dealerships’ operations were brought to a halt due to the second cyberattack on CDK Global software and its impact is still being felt today. “Late in the evening of June 19, we experienced an additional cyber incident and proactively shut down most of our systems,” CDK said in a statement per CNN. CDK provides…
Kevin D. Holmes Named Business of Entertainment Visionary by L.A. Times
Withum is proud to share that the L.A. Times B2B Publishing has named Kevin D. Holmes on their list of Business of Entertainment Visionaries for 2024. Kevin D Holmes, a partner in Withum’s Los Angeles office, specializes in audit, business advisory and internal controls consulting. He has three decades of experience serving private and public…
What to Look for in an ERP Implementation Consultant
ERP (Enterprise Resource Planning) systems are the backbone of many businesses, providing a platform to streamline processes and improve efficiency. Implementing an ERP system is a substantial investment in both time and resources, and the outcome largely depends on the ability and commitment of the implementation team. However, many ERP implementations require a specialized skill…
Long Awaited Ruling on Key International Tax Rules Handed Down Today!
By Allison Katz
After several months of waiting with bated breath, the Supreme Court has finally handed down a decision on the highly publicized Moore vs. United States. In a 7-2 decision, the Court upheld the 2017 Tax Cuts and Jobs Act Mandatory Repatriation Tax provision.In other words, the Court agreed that Congress had the authority to tax…
Automatic Form 5471 Penalty Still in Question, as Farhy Files Petition for Rehearing
By Allison Katz
On June 4, 2024, Alon Farhy filed a petition for a panel rehearing with the circuit court in response to the May 3, 2024, DC Court of Appeals ruling upholding the IRS’s power to assess Form 5471 penalties.The petition, 15 pages is length, argues that the three-judge panel erred in a handful of respects, and…