Springtime is fast approaching. And, as Finance knows, so are unclaimed property deadlines in many states across the country.
Calculating the value of company cars employees drive for their personal use just got a little easier now that IRS has released final regs. And they took effect Feb. 5, 2020. The final regs provide the details you and your payroll department need to tax this fringe benefit correctly in accordance with the Tax Cuts […]
Keep a close eye on your corporate card provider. Some are planning to make changes to their fees that’ll affect how much your company has to pay.
Seems many finance departments are having “trust issues”: More than half (55%) of companies aren’t completely confident they can identify financial errors before they report their results.
Of all the strict IRS requirements your finance team strives to meet at year-end, accurate 1099s and W-2s hit the top of the list.
Start shopping! Your company can now write off most depreciable assets the year they’re put into service thanks to IRS’s finalized first year depreciation regs.
You and your finance team have new per-diem rates to contend with, beginning in just a couple of weeks.
When it comes time to present annual numbers or important updates at your company, you want to guarantee it goes swimmingly. But you know nothing’s foolproof. There are any number of unforeseen issues that can throw you off, or even derail an otherwise effective presentation entirely. And if your presentation doesn’t achieve what it’s set […]
While it’s not a done deal yet, you’re likely going to get an extra year to get in compliance with the new lease accounting standard — if you’re a private company. Last month FASB unanimously voted to push back the effective date, making the expected new deadline for annual reporting periods beginning after Dec. 15, […]