National Preparedness Month is every September, and IRS is reminding employers to boost their disaster preparedness and ensure their important Finance records are protected. Between hurricanes, wildfires and other severe weather conditions, it’s key for companies to regularly review and…
News
Businesses like yours that expanded into e-commerce markets and digital sales channels have had to be aware of economic nexus ever since the tax compliance landscape changed with the landmark South Dakota v. Wayfair Supreme Court decision. Your Finance team's…
More organizations like yours are moving various operations to the cloud, including key Finance and HR functions. And while that comes with convenience – and potential security risks – cloud costs can be expensive for companies if the migration process…
If you're like most businesses these days, you're either dealing with a customer or two that's stretching payment deadlines as far as possible (or are past due), or you're worried it's about to become a problem and cut into your…
Forward-thinking companies like yours are always looking for ways to optimize A/P and A/R processes to keep your business's cash flow well-balanced. But outside of using automation technology to reduce errors, streamline vendor invoice approvals and process customer payments, what…
IRS just announced widespread penalty relief for many business and individual taxpayers who may have filed certain returns during the COVID-19 pandemic. Much of the penalty relief was extended due to an unprecedented backlog IRS experienced while attempting to process…
If you think your Microsoft Excel skills are pretty good, prepare to be inspired by the eight advanced users that went head-to-head in the Excel Esports All-Star Battle. Click here to check it out on YouTube. ESPN2 even broadcast a…
Good news for employers that may be considering permanent telework options for employees: The Dept. of Homeland Security (DHS) is thinking of implementing additional guidelines that would allow for remote document inspection for Form I-9 purposes. In a new proposed…
If there are issues with a company's policies for payroll recordkeeping and overtime pay, Dept. of Labor (DOL) Wage and Hour Division investigators could come calling. Several employers across the country learned this the hard way – and they were…
Your A/P security best practices probably include a confirmation phone call whenever a vendor emails you that their bank info's changed. But because fraudsters are becoming more skilled at fooling businesses like yours, it's important to take the time to…
During the pandemic, IRS expanded its options for resolving federal tax disputes to include video conferences for appeals. Now, it’s seeking feedback on permanent video conference guidance for tax appeals and other agency correspondence with taxpayers, which could be important…
Employee accountability in your organization is crucial when it comes to compliance with company policies and procedures, as well as keeping pace with revenue and performance goals. However, if you start talking about employee accountability in a meeting, you may…
