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…
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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…
If you’re having trouble finding new Finance talent, you aren’t alone: 88% of managers said it’s been challenging to find skilled professionals during the Great Resignation, according to new research from Robert Half. And the competition’s also never been as…
If you're like a lot of companies, your most recent audits of productivity and process efficiency may have shown signs that your Finance staffers are under increased pressure to handle more tasks in less time – and with fewer resources…
Summer’s winding down. And while it’s not time for Halloween just yet, your A/P pros should still be on the lookout for ghost vendors. Ghost vendors are illegitimate vendors that are entered into your A/P system for fraudulent purposes, typically…
Don't be surprised if an employee requests a temporary work-at-home arrangement because of a "vehicle situation." That "situation" may actually mean the person's car just got repossessed by the bank. Upwards of 15,000 cars and trucks months behind on payments…
The struggle to recruit and retain top talent has many employers at least considering upgrades to their employee benefits – including on-demand pay, flexible hours and resources for managing work-life balance – in order to avoid productivity loss, burnout and…
