Tax Friendly States

Tax Friendly States

Part 1

Prior to beginning work on this discussion forum, read Finding the Right Tax Software: 2018 Annual Survey of New York State Practitioners (Links to an external site.).

In your reading, you’ve learned about a variety of tax research tools that practitioners may use to research new or complex tax issues. In Exhibit 4 within the article, Finding the Right Tax Software: 2018 Annual Survey of New York State Practitioners (Links to an external site.), the author examines the most popular tax research software from the survey results, including the following:

Bloomberg BNA

CCH

Checkpoint

LexisNexis

Parker Tax Pro

Tax Analysts

The Tax Book

In your discussion post, select two of the following options to compare and contrast. You may visit the website for the two companies selected to learn more about the product.

Compare the two products that you’ve selected. What are the advantages and disadvantages of each?

How do they compare based on the survey results shown in Exhibit 4 in the areas of value, ease of use, customer support, updates, and reliability?

Your discussion post should be 200 to 250 words in length.

Part 2

how tax-friendly is Alabama for individuals and businesses?

If you were going to start a small business, which state would you choose? Why?

Your post should be 200 to 250 words in length.

 

Please separate the two parts.

Requirements: 2 Pages

 

Answer preview

There are several advantages and disadvantages to having checkpoints. One major advantage is that checkpoints speed up the data recovery process which is exceptionally useful for companies that do many transactions at a time. Secondly, having checkpoints is a straightforward process for many users since most DBMS products automatically create their checkpoints. Checkpoints help companies to avoid replication of operations or transactions using checkpoint records in the log file (Anders, & Fischer, 2018). They also have low overhead and can be done repeatedly because most of the older files are automatically flushed out into the background continuously.

697 words