When your finance team thinks “sales tax audit,” they probably think “big headache.” But a reverse audit could spur a different result. As CFOs know, a reverse audit aims to identify and recover tax overpayments that have either been remitted…
Strategy
Was your company impacted by any of the recent storms or natural disasters in several states? IRS is offering you some tax relief. Most recently, the Service announced deadline extensions for companies in Tennessee. Those impacted by the storms, tornadoes…
Finance pros see every day how complicated sales tax management is getting. It can feel like a whole separate job sometimes. But not every company is fortunate enough to have dedicated sales tax experts on staff or a full tax…
We’ve all had to learn to adapt quickly in our personal and professional lives to deal with the realities of the pandemic and help our companies find the best path to prosperity in the “new normal” that emerged in the…
Don't count on a V-shaped recovery, as many initially predicted. Instead, buckle up -- we’re in for a much slower and K-shaped recovery. That’s Moody Analytics’s Chief Economist Dr. Mark Zandi’s take. He recently addressed finance execs at a general…
With a plethora of critical data at its disposal, your finance department is in a great position to benchmark its operations. Plus, there are now more new technologies, real-time capabilities and advanced knowledge available for companies than ever before. That…
Amid the daily grind, it’s easy for finance staffers to fall into certain routines. They may push through inefficiencies and forget to think about improvement. Plus, given the pandemic, staffers may be more focused on getting things done and slapping…
Attention all businesses impacted by Hurricane Laura: IRS has some temporary tax relief for you. And it lasts for the rest of 2020. Specifically, all tax filing and payment deadlines that occurred beginning Aug. 22 get pushed back to Dec.…
The top 10 causes of workplace injuries – such as slips, trips and falls and strains from lifting heavy objects – cost U.S. businesses more than $1 billion per week, according to a new report from Liberty Mutual Insurance. Disabling workplace…
Businesses everywhere are at greater risk for costly damage from the severe storm season this year. And yes, COVID-19 is to blame. The 2020 Atlantic hurricane season will be a doozy: • 13 to 19 named storms (winds of 39…
You’re currently bombarded by information about COVID-19, the coronavirus pandemic gripping the world right now, much of it changing hour to hour. You’re likely bombarded by questions too -- from employees, customers, your CEO. But it’s critical you as CFO…
