{"id":696,"date":"2021-09-30T17:09:00","date_gmt":"2021-09-30T17:09:00","guid":{"rendered":"https:\/\/claretpartners.com\/?p=696"},"modified":"2021-08-31T17:43:08","modified_gmt":"2021-08-31T17:43:08","slug":"beware-of-tax-risk-knowledge-gaps","status":"publish","type":"post","link":"https:\/\/claretpartners.com\/beware-of-tax-risk-knowledge-gaps\/","title":{"rendered":"Beware of tax-risk knowledge gaps"},"content":{"rendered":"\n
Generally, there are two streams of personnel in tax departments: those with company or industry knowledge and less tax technical knowledge, and those parachuted in with technical savvy and less business knowledge. It takes a while for the two to merge and it is sometimes difficult to move the staff in the direction you want.<\/p>\n\n\n\n
Understanding the gaps in knowledge and experience in your staff is imperative. Only once you can objectively see these holes can you start to fill them in. Create an employee development plan \u2013 lifelong learning and empowerment, focused on being part of the company\u2019s growth. These are the basis for staff goals and performance measurement. Admittedly, tax can be a difficult area in which to set performance measurement standards for employees.<\/p>\n\n\n\n
Some potential tax goals and measurement methods are:<\/p>\n\n\n\n
It is important that each employee feels empowered to make decisions based on their experience and knowledge. Filling in the knowledge gaps sounds easier than it is, but there is very little assistance out there to fill those gaps – it will come from internal experience or very directed training.<\/p>\n","protected":false},"excerpt":{"rendered":"
Generally, there are two streams of personnel in tax departments: those with company or industry knowledge and less tax technical … Read more \u279e<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_uag_custom_page_level_css":"","footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"\n