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.…
Strategy
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…
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…
Cybercriminals who are out to steal your company’s money are getting smarter. Even a password that uses a capital letter, at least one number and a special character can be cracked by hackers because people tend to use the same…
When you break down your labor costs, it's probably employee base pay that eats up the most money. Yet it's an expense you can't afford to live without because base pay's also a significant factor in employee recruitment and retention…
The Federal Trade Commission (FTC) is proposing to ban noncompete clauses in employment contracts, long used by companies to prevent highly-valued employees from quitting and joining a competing firm. Bottom line: While it's great news for talented professionals with options…
Some of your people may be excellent at problem solving. But even those team members can occasionally run into problems that seem so complex and overwhelming that they get stuck because they're unsure about where to begin. That’s when it’s…
Love him or loathe him, Elon Musk is dominating the business news cycle. When you're rich enough to drop $44 billion on a bloated tech company like Twitter, people pay attention to what you say or do. Musk and his…