Many of the vendors you work with may be among the more than 2,300 U.S. businesses that accept the cryptocurrency bitcoin, according to a report from Deloitte. There may be even more businesses exploring cryptocurrency right now because, unlike cash,…
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A workcation - also known as "bleisure" travel - is when employees extend their business trip plans to enjoy sightseeing and other recreational activities. Allowing it is a good way to boost morale and encourage more employees to hit the…
Your Finance team, particularly staffers from other departments that have been assigned Payroll tasks, may still be adjusting to Tax Cuts and Jobs Act changes that went into effect in 2020. For instance, there are now six worksheets that take…
Word on The Street is the U.S. Federal Reserve wants to hike interest rates at least a couple more times in coming months, which will effect how much businesses want to risk borrowing or extending more credit to customers, among…
Supply chain financing has become popular among businesses like yours, and the Financial Accounting Standards Board (FASB) has taken notice. A new rule approved by FASB's board on July 20 means you'll have to disclose information on any supply chain…
To prevent rising interest rates from taking a bite out of the bottom line, your peers could be considering an interest rate hedging strategy in order to keep the rates low on variable-rate business loans and stabilize cash flow. Because…
IRS is once again reminding companies to be on the lookout for tax identity theft schemes as part of its annual Security Summit. Correcting business identity theft can be a long, expensive process. So it’s key to take a preventive…
We hate to point out the obvious, but sky-high inflation is making it more difficult for businesses to make ends meet these days. And it's also placing a heavy burden on companies' cash flow efforts. The economists who predicted "temporary"…
Alert Payroll: The Social Security Administration's (SSA) E-Verify mismatch resolution schedule is back to normal as of July 15, 2022. Because of COVID-19 disruptions and lockdowns, SSA adopted some flexibility by allowing more time for workers to take action to…
Cloud security breaches can cost companies like yours in more ways than one – including damaged brand reputation and lost customers. Here are some recent examples that happened to companies you'd expect to be invulnerable to cyberattacks: Yahoo. The hack…
Employee misclassification can lead to legal issues for firms of all types and sizes. Even popular TV productions aren’t immune – as one new case demonstrates. A contestant on Netflix’s hit reality show Love is Blind has brought a class…
Digital transformation is key to your role as a CFO. Most of your peers agree, according to a new study from StrategicCFO360 and accounting software provider Vic.Ai. In fact, eight out of 10 of CFOs surveyed said that automation is…