To avoid costly interest and penalties, filing unclaimed property accurately and timely is now even more important for companies.
Heads up, CFOs. IRS has officially unveiled the new Form 1099-NEC, which your finance staff will use to report nonemployee compensation.
As your finance team grapples with today’s complex business world, unclaimed property compliance can become even more of a challenge.
Let your Payroll and A/P teams know that there’s new guidance from IRS on handling qualified transportation fringe benefits.
It’s about time! There’s finally more clarity to help your company correctly deduct certain business expenses on your tax returns.
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.