Under the Trade Preferences Extension Act of 2015 (“TPE Act”), which was enacted on June 29, 2015, IRC Sections 6721 and 6722 will be substantially impacted. Section 6721 pertains to the failure to file correct and complete information in a return. Section 6722 pertains to the failure to furnish complete and correct information in the payee statements. Section 806 of the TPE Act increases the penalties set forth separately under these IRC Sections.First, the penalty for failing to timely file and/or failing to file correct and complete information will resul
A challenge facing many organizations is workers taking a silo’d approach to their work, meaning that they focus on a single task, losing sight of the broader desired business outcomes. This issue often comes to light during employee engagement surveys. But how does one go about breaking down those silos, and what role can technology play? Business processes evolve in an organic way. Unless we make an effort to communicate across functional groups, silo’d thinking is practically inevitable as people invariably focus on their areas of responsibility. When this thinking becomes enme
Envisioning a future when healthcare is data-driven in a big way, Deloitte Consulting has launched a new business unit and is investing between $150 million to $200 million in life sciences and healthcare analytics and launching ConvergeHEALTH, a new business unit to give the work of transformation momentum.
The big data and analytics market will reach $125 billion worldwide in 2015, according to IDC. Both IDC and The International Institute of Analytics (IIA) discussed their big data and analytics predictions for 2015 in separate webcasts yesterday.
As defined by Wikipedia, BI and analytics is a set of theories, methodologies, processes, architectures, and technologies that transform raw data into meaningf… (BI and Analytics With or Without a Data Warehouse: http://t.co/MFxQULanEC...
The Data Center Journal Social Media and Data Analytics: Are Your Investigative Tools Up to the Job? The Data Center Journal But to get actionable insight, companies need to go beyond just sentiment analysis and analyze the data further.
(Editor’s Note: Today’s post is sponsored by iCIMS, a leading provider of Software-as-a-Service (SaaS) talent acquisition software solutions for growing businesses. Earlier this month, iCIMS received a Brandon Hall Award for excellence with their Social Distribution solution. Congrats to their success! I hope you enjoy the post.) It’s unfortunate but one nickname human resources has …
Healthcare organizations around the country are gearing up for January 1, the first day that key provisions of the Affordable Care Act (i.e. Obamacare) go into effect. Nobody’s 100 percent sure how the law will play out, but one thing is certain: the role of data analytics in the country’s medical establishment is about to get bigger.
“The Singularity” describes when ordinary computers exceed the capacity of the human brain. “Moore’s Law,” which states that computing power increases at an exponential rate, has held constant since the dawn of the computer age. If one extrapolates forward, experts agree that the Singularity will be reached within a few decades.We are entering “the age leading up to the Age of Intelligent Machines.” Big Data Analytics and Artificial Intelligence are already having a profound impact on business and society. As the lines blur between our work and privat
Healthcare IT News Deloitte taps the Zen of data analytics Healthcare IT News Envisioning a future when healthcare is data-driven in a big way, Deloitte Consulting has launched a new business unit and is investing between $150 million to $200...
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