The Securities and Exchange Commission (SEC) can no longer deny a party charged with securities fraud to a jury trial in a federal court. The Supreme Court just curtailed SEC internal enforcement established by the 2010 Dodd-Frank Act. Critics allege…
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The Department of Labor's independent contractor (IC) rule that went into effect on March 11 is forcing many businesses to triple-check they're in full compliance. The rule helps to clarify gray areas in IC/employee determinations. Employers must follow a six-factor…
A federal ban on employee non-compete agreements may not go into effect in September after all. Two lawsuits scheduled to be decided in late July and the end of August may put the kibosh on the Federal Trade Commission's (FTC)…
For most employers nationwide, the new salary threshold for who’s exempt from the federal overtime and minimum wage requirements took effect July 1, 2024. The legal challenges continue, though. Earlier in the year, three lawsuits had been filed in federal…
An Excel database is perfect for organizing -- and clearly seeing -- financial data. A database includes a series of series of records in rows with fields of data entered in columns. Here are three steps to use Excel as…
Some payroll staffers may assume that complying with IRS regulations is enough to keep their companies out of trouble. That's not the case -- there are a number of requirements under the Fair Labor Standards Act (FLSA) enforced by the…
Any business owner who paid employee salaries or health benefits during COVID-19 restrictions will be waiting a while longer for a tax credit. The IRS is wading through tens of thousands of what it believes are "suspect" claims. The Service…
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…
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,…
