What company wouldn't opt for an employee benefit that helps new families out and pays for itself in various ways? A recent report on companies that expanded child care assistance is an eye-opener for businesses that seek to attract and…
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A Federal Trade Commission (FTC) rule that would ban non-compete clauses is scheduled to be finalized in April and go into effect soon after. The regulation would be a welcome relief for skilled job-seekers attempting to join a competitor in…
Companies say they're struggling to find talent. Maybe you're in the same boat. It can seem like top performers are choosing other firms, or that they just don't exist. Or it could be that employees with potential aren't getting a…
Auditors sought a single principle for accounting of software costs. But after months of consideration, the Financial Accounting Standards Board (FASB) is shelving the project. FASB announced current guidance will remain in place. Board members "decided not to further pursue…
A last-ditch effort to restore tax write-offs for research costs -- including software engineers' salaries -- appears dead on arrival in the Senate. Politics is preventing a deal from getting done, despite several GOP Senators wanting to provide more tax…
IRS recently made changes to Form 941. For one thing, a Spanish version of the federal tax form is now available starting with the first quarter of 2024. On February 28, 2024, IRS released final versions of the 941, Schedule…
Paying six-figure salaries to relatives of the owners or top executives of a company is never a good look. For a publicly traded company, failing to report this kind of questionable compensation will attract the attention of the feds. Popular…
CFOs and controllers are on the lookout for every angle to keep spending in check. The last thing most companies want to do is lay off people to get costs under controls. A new report shines a light on an…
Fewer college students are willing to put in the time and money to become accountants. Finance professionals are concerned about the dwindling talent in the pipeline as Baby Boomers retire. Now some states are getting serious about the problem and…
Whether payroll professionals use the most current Excel in Microsoft 365 or an earlier version, they'll never find enough time to use all of the functions and shortcuts available to them. Even expert users of Excel will stumble upon a…
President Biden is calling for wealthy Americans and corporations to pay more in taxes. The president outlined a number of changes he believes will help reduce the budget deficit and level the playing field between the very rich and everyone…
A recent ransomware attack illustrates why an attacked company that pays ransom shouldn't expect the hackers to live up to their end of the bargain. Once upon a time, cyber thieves did exhibit a modicum of honor. They'd unlock a…
