Hurricane season’s drawing near, and IRS is reminding businesses that they need to have natural disaster preparedness protocols in place for their key financial records and assets should the worst happen. Besides hurricanes, several other natural disasters impacted companies last…
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Heads up Finance leaders! The IRS announced on its website that Form 8879-C - the E-file Signature Authorization for Form 1120, the U.S. Corporation tax form - is now "historical." What this means: "The 2021 revision is the last revision…
Surging inflation is impacting the benefits you may offer employees in 2023, including health savings accounts (HSAs). In Rev. Procedure 2022-24, IRS adjusted next year's thresholds for HSAs and high-deductible health plans (HDHPs). And because the updated amounts are so…
Did you know your company could be losing 10% to 20% of its savings due to maverick spending? That's according to a study by fintech software provider Basware and The Hackett Group. A report by B2B software developer Order says…
More than two out of three CIOs (67%) say they have an IT skills gap. That means they lack the knowledgeable tech talent to keep pace with the changes necessary for implementing digital transformation projects. If that finding from the…
Fringe benefits can be tricky when tax time comes around. Keeping complete records helps you avoid legal hassles. Here's a recent case where an employer's excellent recordkeeping and reporting kept it out of trouble with the Service. After United Airlines…
Could the next step in the future of work be a four-day workweek instead of hybrid telework? Some employers have had positive results with the experiment. For example, social media company Buffer reported at the end of last year that…
There’s good news for Payroll and HR if you’re still hiring employees remotely. The Department of Homeland Security (DHS) and U.S. Immigration and Customs Enforcement (ICE) have extended Form I-9 flexibility guidelines until Oct. 31, 2022. And there’s a chance…
COVID showed how important it is to use technology, such as "low-code" software development, to help your teams adapt to challenges. What if employees who aren't coding experts could get involved in creating apps that boost productivity? Tech tools and…
Whenever your people are working remotely, they still have to be vigilant about protecting sensitive financial data from different kinds of digital attacks. To ensure staffers doing remote work don’t unwittingly make your organization vulnerable to hackers, here are some…
Inflation hasn't been this high in decades, and you may be wondering how it'll affect company benefit costs. You're not alone. In a recent Mercer survey, most CFOs (68%) said controlling employee health benefit costs is a significant/very significant concern.…
Any employee complaints about missing or inaccurate pay should be taken seriously. Even if you think the worker’s crying wolf, putting their paycheck concerns on the back burner could land you in the middle of a costly fight with the…
