Finance News & Insights

Jennifer Azara

Jennifer has been the editor-in-chief of CFO & Controller Alert newsletter for more than eleven years and is also currently the managing editor of Keep Up to Date on Accounts Payable. During her sixteen-year tenure at PBP she has launched newsletters for accounts payable managers and inventory managers. Jennifer is also the editor of the CFO Finance Update e-zine, which is read by more than 90,000 financial professionals. She graduated Phi Beta Kappa with a B.A. from Skidmore College and an M.A. from Villanova University.
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The billing scam that cost 2 tech giants $122 million

If Facebook and Google fell for it, what chance do we have? That’s what you might be thinking after hearing a Lithuanian man just pleaded guilty to a slew of charges stemming from a billing scam that flooded these tech giants with fake invoices for a nine-figure loss.
[Read more…]

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It’s almost intern season! Keys to keep your company in compliance

Spring is here and along with new flowers you’ll soon see some new faces around the office. It’s intern time for many companies as college students are out for the summer and look to build their resume. [Read more…]

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Feds make two about-faces that impact your company’s compliance

Just when you’ve got the rules down, they pull the rug out from under you! In recent weeks the feds have made two surprise policy reversals. And if you don’t keep up, you’ll get caught short. [Read more…]

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New OT salary threshold released: Here’s the new number

It’s finally here! After years of waiting and more than 200,000 public comments, the Department of Labor (DOL) just released the proposed rules overhauling the federal overtime system. [Read more…]

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The $5.4M cell phone reimbursement mistake this company made

Most days you may feel like employees’ cell phones are surgically attached to their hands – at their desks, in meetings, even in the company restroom! But beware: Those little devices can saddle you with a big legal bill. [Read more…]

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IRS offers new guidance on correcting HSA deduction errors

You know it’s a great one-two punch for containing healthcare costs: Pair a high deductible health plan (HDHP) with a health savings account (HSA). These days more and more employees are signing on, which means more contributions for your payroll team to handle. [Read more…]

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The $1.2 million pay mistake this company made

If your company pays any employees for two different types of work, be extra careful: That opens the door for pay mistakes that can be expensive. [Read more…]

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Yes, they actually tried to expense these things

No doubt you and your staffers have seen some questionable expense reimbursement requests cross your desks. And we’ve highlighted some pretty outrageous ones in the past. But folks just keep on trying to slip things through. [Read more…]

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Feds offer guidance on handling W-2 errors … after you’ve filed them!

So your Payroll team got those W-2s filed by the Jan. 31 deadline — and then a staffer found an error. Or two. [Read more…]

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New Fed ruling will change the way you pay independent contractors

You may be able to safely classify more workers as independent contractors, thanks to a new ruling by the National Labor Relations Board (NLRB).
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