The provision in the 2017 Tax Cuts & Jobs Act calling for a one-time tax on foreign investments survived an appeal to the Supreme Court. But the High Court didn't clarify the answer to a broader, underlying question in the…
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CFOs intend to continue cutting costs and boosting efficiency in every area possible through 2024 and probably well into 2025. And unfortunately that could mean a wave of layoffs is still to come. Forty percent of chief executives expect "major"…
Employers may offer caregiver navigation services, helping workers find vital resources. For finance pros, that raises questions about employment taxes. IRS has provided recent guidance that'll put your mind at ease if your company offers or is considering offering this…
Ever wondered why Excel features a currency format as well as an accounting format? You're not alone. The reason is, creating Excel spreadsheets that contain currency like an income statement or a balance sheet can be difficult to organize. The…
Layoffs, inflation, AI ... these are just some of the factors making employees feel more stressed about their jobs and career future. Studies show stress isn't unique to ground-level workers and middle management -- chief execs feel the pressure too,…
Wealthy investors are about to lose a tax loophole that IRS allowed for years. The tax cops say its new policy and enforcement will net billions of dollars in revenue over the next decade to the treasury. IRS plans "to…
Extortion attempts such as ransomware attacks are on the rise again. Companies may want to consider cyber insurance policies to protect themselves. Client companies insured by Marsh reported a record number of cyber extortion attempts in 2023, roughly 65% more…
Is there a single business in the U.S. that's resisted raising prices since early 2020? Good luck finding one. But there's a fine line between passing along higher costs of doing business to the customer, and "fixing" prices. Case in…
You just can't always tell from an interview if certain applicants may require more praise and (ahem) hand-holding than other job candidates. But there are clues. Such as ... ... requesting to bring a parent along on a job interview.…
IRS has announced some inflation-adjusted dollar amounts you'll need if your benefits package includes tax-favored health plans. For starters, in 2025, employees will be able to contribute more to their health savings accounts (HSAs) without worrying about federal income tax.…
The Small Business Administration (SBA) is launching a line of credit program that gives small businesses up-front access to capital and more room to borrow. Biz owners can use all the help they can get as more banks are tightening…
Non-bank financial institutions are facing a double whammy, courtesy of the Consumer Financial Protection Bureau (CFPB). A new federal registry -- liable to be accessible on the Internet after its launch -- will list "corporate offenders that have broken consumer…
