Time to take a new step to ensure employees remain retirement ready, courtesy of a new federal 401(k) disclosure rule. And to help, the Department of Labor (DOL) just released new FAQs that spell out the timing of its execution,…
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Tell your finance team to get ready! Companies of all sizes will have to prepare for a lower e-filing threshold. IRS recently proposed regulations to change the rules for filing information returns, effective as soon as this year-end. Right now,…
There’s new information available for your finance team about the forthcoming 1099 platform for preparing and filing returns. The Electronic Tax Administration Advisory Committee (ETAAC) recently released a new report on how the Service can improve its practices. And in…
Is your company having a hard time finding the right people to fill job openings? If so, know that you’re not the only one with hiring struggles. Almost half (46%) of small businesses are having difficulty filling jobs, according to…
Every company is vulnerable to internet fraud, no matter where they're located. But the ones in these six states took the largest financial hit last year. The following states all reported losses totaling between $99 million and $199 million last…
Have an Automated Clearinghouse payment dispute? Then your company will have to act fast. Nacha has a new rule that limits the timeframe a Receiving Depository Financial Institution (RDFI) can make a claim against the originating institution’s authorization warranty. And…
Regardless of how much the FinTech world criticizes manual spreadsheets, they’re still a reality for the majority of finance teams. Almost two-thirds (64%) of companies still use spreadsheets in some way to support their payment processes, according to a recent…
Less than two years after the new $35,568 overtime threshold went into effect, the feds are reviewing that number again. And spoiler-alert: Your company will likely have many more overtime-eligible employees. Labor Secretary Marty Walsh recently said that the Department…
It's no secret that the pandemic changed the way people work and companies operate, especially in regards to nonemployee expenses. During the past year or so, organizations were focused on creating a more flexible workforce. Many turned away from traditional…
Late last month the feds extended the deadline for remote I-9 checking until Aug. 31, 2021. That gives your company an additional three months to keep reviewing this critical employment documentation remotely. This is the ninth extension granted. You'll remember…
To stay competitive and efficient, it’s critical for companies to adopt electronic signatures (e-signatures) as part of their everyday operations. That’s a main takeaway from a new survey from software company airSlate and research firm Dynata. Before all that 2020…
If you want to offer employees financial incentives to vaccinate themselves against COVID-19, go right ahead! It's OK with the federal government. The Equal Employment Opportunity Commission (EEOC) just released guidance that clears employers to incentivize their workforce to get…
