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Strategy

Interest rate cuts on the horizon: How far do market watchers think they’ll go?

Inflation isn’t dropping as low as Jerome Powell and the governors of the Federal Reserve thought it would when they began ratcheting up the funds rate in March 2022. No matter: A growing number of financial pros predict the Fed will begin lowering rates in March. That’s music to many businesses’ ears, especially smaller ones […]

by Scott Ball
December 7, 2023

Business budgeting best practices for financial stability and growth in 2024

Business budgeting season is coming into the home stretch. Will your budget for next year be a rock-solid financial roadmap, helping your organization effectively allocate resources and prioritize objectives? Or will a lack of foresight lead to cash flow problems or decisions based on incomplete information? With a business climate likely to be impacted by […]

by Brian Bingaman
November 15, 2023
Can you check all the boxes?

Most 2023 state unclaimed property deadlines are nearly here: Is your firm in compliance?

Fall is the crunch-time season for unclaimed property reporting and escheatment. The states with approaching deadlines are almost as numerous as the leaves falling this time of year. The majority of them are either October 31 or November 1. In fact, it’s simpler to tell you which states and U.S. territories don’t have an Oct. […]

by Brian Bingaman
October 24, 2023

40% more sales tax rate changes: There’s good news and bad news

Sales tax compliance is a demanding job for finance teams like yours. For example, comparing the number of tax rate changes across the U.S. for January 1-June 30, 2023 vs. January 1-June 30, 2022, the volume of changes increased 43%, according to the 2023 annual Mid-Year Sales Tax Rates and Rules Report from tax technology […]

by Brian Bingaman
October 20, 2023
District tax rates decreased, but there are more taxing jurisdictions

Uh oh: ESG funds are drying up and the price of oil is soaring

Industry demand for crude oil is rising. The price of a barrel of oil could top $100 before Halloween. Since OPEC announced it would reduce output in the spring, energy prices flattened out for most of the year. That calm patch is over now as Saudi Arabia has refused to ramp up production despite the […]

by Scott Ball
October 4, 2023

4 strategic moves CFOs need to be making now to thrive amid today’s business challenges

Your CFO peers are dealing with unprecedented inflation, several bank failures and an unpredictable labor market. And don’t forget about the new COVID-19 variant that the Centers for Disease Control says is now present in the U.S. It’s no wonder that a 2022 survey by PwC found that nearly half (47%) of CFOs said their […]

by Brian Bingaman
September 11, 2023
Winning tech, security, talent, communication strategies for CFOs

Payroll pros, we salute you: What to know about National Payroll Week and ideas for celebrating

It’s not a coincidence that National Payroll Week is always the same week as Labor Day. This year, it’s September 5-9. In an interview, 40-year payroll industry veteran James Paille, CPP, and the director of compliance for IRIS Software Group, said that National Payroll Week is just as much of a celebration of labor and […]

by Brian Bingaman
August 28, 2023
Ideal time for providing financial wellness info to employees

Executive succession planning: Do you know who’s next in line to lead the company?

As talented as your C-suite team is, that lineup won’t stay intact forever. If your organization hasn’t addressed its future with an executive succession plan, or an update of the existing plan, now’s the time. It’s inevitable – there will be management team departures due to retirement, promotion or something else. PwC’s 2018 Strategy & […]

by Brian Bingaman
July 27, 2023
Board of directors, CEO, CHRO all need to be involved`

Clock is ticking for ESG climate rule: Will Biden’s SEC follow through or back down?

Congress created the Securities and Exchange Commission (SEC) to protect investors from market manipulation following the 1929 stock market crash. And for decades, the SEC focused on enforcing securities laws and punishing wrongdoers. Fast forward to today: Republicans in Congress are urging the SEC to remember its core mission and ease up – way up […]

by Scott Ball
July 26, 2023

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Resourceful Finance Pro, part of the SuccessFuel Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day's headlines, Resourceful Finance Pro delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.

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