Withholding of Taxes on Payments to Foreign Persons and Entities

Do you struggle to hire and retain investment accountants and treasury professionals? You're not alone. Governments across the country have cited staff shortages as one of the biggest challenges coming out of the pandemic. To combat workforce fatigue and make open positions more attractive, officials are looking at ways to bring more efficiency to their investment operations teams. Enter investment accounting and reporting technology. Closing the books on a month of financial activity shouldn’t take weeks, but it's the reality for many accountants in government. With the right tools in place to increase efficiency and reduce the burden on their teams, governments can have more success in both retaining the accountants they have and competing for new talent in the market.

Fraudulent tax returns and new cyber schemes to defraud state agencies of COVID relief funds have pushed citizen identity fraud to new highs. But as federal agencies rushed to stem the tide with facial recognition, new privacy and efficacy concerns have surfaced. How can federal, state and local government agencies verify applicants, protect personal privacy and authenticate logins to efficiently deliver services to qualified citizens?

This 53 minute lecture is aimed at international students studying planning and environmental courses at a university level in Australia. It provides a brief overview of the four levels of government: international; national/Australian; State/Territory; and local government.

Your network is the backbone of your IT system. Yet it may be the oldest part of your infrastructure. Network modernization is vitally important, but it can be challenging for many state and local governments. Network needs have grown more extensive and complex, and many governments simply don’t have the budget or staff resources they need to ensure safe and secure digital transformation efforts.