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…
Strategy
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.…
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…
"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…
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.…
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…
Imagine getting a Notice of Final Determination from a state revenue department that said it wasn't going to recognize a use tax exemption that your organization was claiming, and that you owed $74,000 more than what you thought you were…
The FDIC takeover of Santa Clara, CA-based Silicon Valley Bank (SVB), which news reports described as the worst bank failure since 2008 and the second worst in U.S. history, had quite a few of your peers weighing in about it…
Despite how important monthly financial close is, many companies still struggle to close their books within one workweek, according to a survey by the American Productivity & Quality Center (APQC). APQC data found that the median number of days an…
You're skilled at keeping simultaneous track of your company's profits and costs, including business operating expenses. Case in point: You can probably calculate your gross profit - revenue subtracted by the cost of goods sold - with little effort. But…
Hundreds of your C-suite peers retired or stepped down last year, and job-related burnout may have influenced their decisions. Among them were Starbucks CEO Kevin Johnson, DocuSign CEO Dan Springer and Red Lobster CEO Kelli Valade. More recently, on the…
In March and April, some of your peers will receive CP2100/CP2100A notices from IRS that will require them to mail out B notices notifying vendors and contractors that they need to update their Form W-9, or else payments will be…
