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,…
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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…
The Federal Trade Commission (FTC) is proposing to ban noncompete clauses in employment contracts, long used by companies to prevent highly-valued employees from quitting and joining a competing firm. Bottom line: While it's great news for talented professionals with options…
Some of your people may be excellent at problem solving. But even those team members can occasionally run into problems that seem so complex and overwhelming that they get stuck because they're unsure about where to begin. That’s when it’s…
CEOs, CFOs and departmental managers all get used to fielding "urgent" email and text message requests. If you're like most finance pros, your inbox is at its fullest on Mondays with flagged and exclamation-marked messages needing your attention. (And the…
The Financial Accounting Standards Board (FASB) is requiring public companies to disclose expense details involving employee compensation, depreciation of "property, plant and equipment," amortization of intangible assets, and costs capitalized to inventory in their income statements. While it may make…