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Strategy

Regulatory relief for companies! Supreme Court takes aim at federal agencies

The Supreme Court will be putting an end to the 39-year-old Chevron deference that’s been afforded to federal rulemaking agencies. The upshot? Agencies will have a much more difficult time enacting rules that impose substantial costs on an industry sector and (possibly) consumers. The high court will hear a case this fall involving fishing companies […]

by Scott Ball
June 2, 2023

What does it take to be an effective controller in 2023? Our expert weighs in

Before the pandemic, controllers had the luxury of being able to stay focused on company accounting and financial reporting, and not much else. But that isn’t the case anymore – especially for controllers aspiring to advance into a CFO role, said Carl Young, a former CFO and CEO now helping out businesses as a consultant, […]

by Brian Bingaman
May 31, 2023
What does it take to be an effective controller in 2023? Our expert weighs in; Strategic mindset and soft skills required

Survey says: Small businesses confident they’ll survive the recession

Elon Musk told an interviewer last week we’re in a recession. A second big bank just bit the dust. Mass layoffs continue in certain sectors. There’s a lot to be worried about … unless you’re the average small business that’s already battened down the hatches for a downturn. Believe it or not, 76% of small […]

by Scott Ball
May 3, 2023

Mulling marketing budget cuts? Here’s what your peers are doing

Because of inflation and economic uncertainty, marketing spend is dropping back closer to pre-COVID levels, according to new data from The CMO Survey, a biannual poll conducted by the American Marketing Association, Deloitte and Duke University’s Fuqua School of Business. The 314 responses collected in March indicate that marketing expenditures make up an average of […]

by Brian Bingaman
April 28, 2023
Marketing's role can be more strategic, less about brand development

Court case offers new guidance for sales tax on data processing services in Washington

If your revenue involves digital goods and services, you’ve noticed more states are expecting you to collect and remit sales tax on them. But sometimes the legal language regarding what’s taxable or nontaxable becomes a gray area and a judge has to step in to decide what it means. That’s what happened when a Washington […]

by Brian Bingaman
April 20, 2023

Doing business in the city is looking like a lose-lose proposition for many

“Fifteen days to flatten the curve” is what politicians and health officials told us was needed in mid-March of 2020 at the start of COVID-19. More than three years later, the curve continues to point downward for owners and lessees of commercial real estate in big cities. Downtowns in major U.S. and Canadian cities are […]

by Scott Ball
April 18, 2023

Cashing in retroactively on COVID tax credits with Form 941-X? What you need to know

COVID-19 sick/family leave and employee retention (ERC) tax credits may be in the rearview mirror, but thanks to IRS Form 941-X, Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund Form, it’s not too late to claim them. Before dismissing the idea that there might still be money left on the table from Q3 […]

by Brian Bingaman
April 17, 2023
Could IRS owe you money?

2023 unclaimed property deadlines rolling out: What to do if you get a notice

With all the work your A/P department puts into issuing timely payments, it can be frustrating to find out there’s unclaimed property floating around out there. Unclaimed property laws vary widely from state to state, and can be very confusing. Yet compliance is crucial since issues with reports can lead to fines. Congratulations if you […]

by Brian Bingaman
April 4, 2023

‘Just how green are we?’ Don’t make the same mistakes other companies do

Companies know that clients prefer doing business with environmentally responsible partners. If a company is doing something to reduce plastic waste, save water or limit carbon emissions, it’s good for the bottom line to publicize those efforts. Caveat: Claims of being “green” or “100% recyclable” can backfire – badly. Environmental groups and the Federal Trade […]

by Scott Ball
March 30, 2023

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