Finance News & Insights

IRS wants you to come clean on this … should you?

If your company has leaned on this popular cost containment strategy in recent years, you’re going to want to take note of a new offer from the feds. [Read more...]

Study pinpoints customers A/R should focus on

When it comes to collecting payments from customers, your A/R department may want to concentrate on these two groups. [Read more...]

$1.5 million OT lesson: Termite inspections aren't sales activities

A major pest control company recently learned a tough lesson about the difference between sales activities and services, as well as how much misclassifying employees as overtime exempt can cost. [Read more...]

IRS audits: When Finance gives too much info away

When IRS comes knocking, it’s in your best interest to be as cooperative as possible. But it’s important not to give auditors too much without being asked for it. [Read more...]

Firm settles retirement plan lawsuit for $21.5M

Allowing employees to invest in the company’s stock – when you know it’s a risky investment – is a surefire way to wind up in a lawsuit. [Read more...]

Unique way to bolster Direct Deposit participation

If all of the normal arguments (fewer trips to the bank, better security, etc.) to get those resistant workers to switch to direct deposit have fallen flat, you may want to give this a try. [Read more...]

What your workers want from a rewards program

When it comes to incentive programs, here’s where the people receiving the incentives think improvements can be made. [Read more...]

8 steps to a neater, more organized Finance desk

Cleanliness may be next to godliness, but a neat Finance desk is more than divine: It’s the key to more productivity and fewer errors. [Read more...]

Where the biggest fraud threat is now: Execs vs. Auditors

A new report’s out saying companies’ risk of fraud will be going up in the next 24 months. And even if you don’t think it could happen in your organization, you have to prepare as if it could. [Read more...]

Bumping up health costs? Watch out for these effects

Almost all businesses plan to shift more of their health costs to employees in the near future. But there are certain things employers need to consider before they spring a price hike on its workforce. [Read more...]