Be sure your company gets the latest version of Form I-9. The new edition went into circulation on August 1, 2023, with its use required shortly after that. In fact, the last day you can use the old form is…
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Fact: When people hear info, they'll typically remember only 10% of it three days later. Add one or more images to a presentation though, and most folks will remember about 65% of the info they hear, even a few weeks…
The latest interest rate hike by the Federal Reserve should've come as no surprise to anyone. The Fed's made its intentions clear since it began ratcheting up the federal funds target rate in March 2022. And the media leaks in…
The more invoices a business is sending out, the better the health of the company. After all, a lot of invoices in the pipeline means a company's products or services are in demand. What CFO wouldn't be happy in that…
On July 20, the Federal Reserve announced the FedNow Service, a 24/7/365, instant payments system, is officially live. Touted as the biggest upgrade to the U.S. payments system in 50 years, FedNow looks like it's going to be more than…
IRS has updated Form 5300, and that's good news for sponsors of retirement plans wanting to ensure their plans' tax benefits. First, in Revenue Procedure 2022-40, released in November 2022, IRS expanded its determination letter program. Prior to that, only…
Congress created the Securities and Exchange Commission (SEC) to protect investors from market manipulation following the 1929 stock market crash. And for decades, the SEC focused on enforcing securities laws and punishing wrongdoers. Fast forward to today: Republicans in Congress…
Corporate bankruptcy rates are at Great Recession levels last seen in 2009-10. The worse news? The year's only a little more than half over. CEOs, CFOs, credit departments and Sales team members need to be aware of the higher risks…
"It's not right, but it is a reality. ... You don't get a lot of budget attached to (vendor setup and maintenance training and tools in A/P)," said consultant, speaker and trainer Debra Richardson, APM, APPM, CPRS. Richardson is a…
If employees' Family and Medical Leave Act (FMLA) entitlements are impermissibly reduced, your company may face legal consequences. But when someone takes intermittent or reduced-schedule FMLA leave, it's tricky for staffers to accurately calculate how much of the 12 weeks…
The collapse of Silicon Valley Bank (SVB) earlier this year could bring major changes to capital requirements for large banks. Federal Reserve vice chairman for supervision Michael Barr put the banking industry on notice during a speech to the Bipartisan…
The last few months of weather's taken a toll on homes and businesses in many parts of the country. To lighten the load a bit, the IRS granted tax-filing extensions for counties in states like California and Florida. Taxpayers in…
