High inflation continues to impact businesses. One of the latest examples? Costlier penalties for breaking workplace laws. Several federal agencies released final rules, announcing increased amounts for 2023. Here's a brief rundown of five of the workplace laws included in…
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Cybercriminals who are out to steal your company’s money are getting smarter. Even a password that uses a capital letter, at least one number and a special character can be cracked by hackers because people tend to use the same…
When you break down your labor costs, it's probably employee base pay that eats up the most money. Yet it's an expense you can't afford to live without because base pay's also a significant factor in employee recruitment and retention…
Twenty-five Republican state attorneys general are taking aim at the Department of Labor's rule on retirement plan investing. The November 21, 2022 rule - "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights" - says that "consistent with…
Are you worried your organization could be falling behind competitors? Could it be at risk from factors like new technologies making your products or services obsolete? Plenty of CEOs and CFOs are privately nodding "yes" to both questions. In fact,…
Avoid penalties: Electronic workplace posters belong in the ‘break room,’ not the ‘custodial closet’
It'll cost more in 2023 if you don't display the required workplace posters. To complicate matters, electronic postings may be allowed, or even required. Back before the rise of remote and hybrid workforces, the Department of Labor (DOL) released guidance…
You can now file Form 1099 series information returns using the Information Returns Intake System (IRIS) online portal. Step one is enrolling with IRS by clicking here. IRS is touting the free electronic filing service, which doesn't require any special…
The Census Bureau requires businesses to complete the Economic Census to report on years ending in 2 and 7. With that in mind, watch out for this deadline: March 15, 2023. The survey is one way to measure the economy…
One trait of good leaders is they instinctively teach and train people so that eventually they're ready to take positions of leadership themselves. While you probably aren't trying to groom your successor, you might have someone in mind for a…
The start of the new year looks a lot like what we saw over 2022: Businesses are struggling to pay their bills. Late payments are higher than normal and it's creating a challenge for Accounts Receivable and credit departments everywhere.…
In 2022 about a dozen states put law changes - some at the constitutional level - directly into the hands of the voters on Election Day. Here are some of the major measures that passed that may require you to…
As Finance pros know, self-insured group health plans may be more cost-effective than fully insured plans – more financially risky, too. Whether you already sponsor such a plan or are weighing pros and cons, you should know IRS has released…
