Finance News & Insights

New IRS rule changes your year-end prep

Your company will soon be able to take a new step to protect employees’ sensitive info at year-end – IRS just issued a final rule that lets employers voluntarily truncate employee Social Security numbers (SSNs) on W-2s. [Read more…]

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IRS provides new data security checklist amid growing risk

You know all too well how poor tech security can lead to big financial loss. Whether you lead a department of five at a small biz or manage a team of fifty at a large corporation, security risks remain high, IRS warns. [Read more…]

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4 compliance changes for Finance in the new Taxpayer First Act

Prepare your finance staffers now: Year-end may soon look different than it has in the past, thanks to the just-signed Taxpayer First Act. [Read more…]

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IRS eyes information returns: Could your company be penalized?

Tell your finance staff to be wary. IRS is zeroing in on 1099 and 1042-S compliance, meaning it’s now even more vital for them to get information returns correct. [Read more…]

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IRS audit survival guide: 4 compliance keys for Finance

Few things are quite as headache-provoking as the thought of IRS auditors scrutinizing your company’s financial records, one by one. [Read more…]

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In the courts: Could finance staffers be held personally liable for BEC scams?

The severity of email scams is escalating for you and your finance team. [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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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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IRS offers new guidance on Section 179 deduction

If your company plans to make some major purchases or improvements this year, you’ll want to get your hands on this new IRS guidance. The Taxman just offered clarification on how you can take maximum advantage of the deductions. [Read more…]

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IRS announces 2019 mileage rate: Vital details for Finance

The 2019 mileage rate has arrived. And this year, your team gets to be the bearer of some great news. [Read more…]

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