You probably have at least a few employees who recently looked at their paychecks expecting to see a specific number and were surprised to see a higher one. And that presents a golden opportunity for finance pros. (more…)
News
While the majority of industry experts expect the DOL to create a new overtime rule that sets the salary threshold somewhere in the $33K ballpark, there’s at least one person who sees a scenario where employers will have to comply…
Offering mobile remote deposit capture (mRDC) isn't a stand-out feature for banks any longer. (more…)
Rounding nonexempt employees’ hours for pay purposes has always been a risky practice, and the feds have been cracking down on many firms that employ this practice. But does that mean you should avoid rounding altogether? (more…)
More than 70% of bosses and managers will take part in some type of March Madness pool this season, but many of these same managers have some serious reservations about allowing or encouraging their direct reports to do the same.…
The IRS recently warned employers to put their Payroll folks on high alert this tax season for phishing scams that have caught many of companies off-guard. (more…)
CFOs everywhere will likely want to double- or triple-check their job descriptions and classifications after hearing this company's unfortunate story. (more…)
Just when you thought the fight to kill the ACA was finally over, a brand new chapter of the Obamacare-repeal saga has emerged. And on the surface, this chapter looks like it could potentially be the last for the controversial…
If you and your Finance team had the sinking suspicion you had to deal with more than the usual amount of sales tax rate changes last year, your suspicions are absolutely correct. (more…)
When the DOL first delayed the new disability claims procedures regs (from Jan. 1 to April 1, 2018), there was hope that the burdensome regs would be scraped altogether. (more…)
When a New York City underwriter walked past a life-sized poster of New England Patriots quarterback Tom Brady in his Manhattan office, little did he know it would set off a chain off events that would eventually lead to his…
Employers have a lot of freedom to determine how their 401(k) plan fees are allocated. The flip side of that freedom: A tremendous responsibility to make sure everything fee-related is done "solely in the best interest of participants." That last…
