Proposed rules from IRS on deducting meal expenses
It’s about time! There’s finally more clarity to help your company correctly deduct certain business expenses on your tax returns.
Accounting
How to make unclaimed property compliance a companywide effort
Springtime is fast approaching. And, as Finance knows, so are unclaimed property deadlines in many states across the country.
IRS issues new regs on company cars and personal use
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 […]
Credit card fees: What changes are in the works now?
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.
Financial errors leading to bad biz decisions for your peers
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.
Are your company’s 1099s and W-2s error-free? 4 best practices
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.
IRS finalizes first year depreciation regs
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.
Feds release FY2020 per-diem rates: Here’s what’s changing
You and your finance team have new per-diem rates to contend with, beginning in just a couple of weeks.
Big finance presentation? Combat these 4 pitfalls to stay on track
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 […]
