There’s no rest in Finance! For some companies, the next few months bring important spring unclaimed property reporting deadlines.
If your company makes a cash charitable contribution for disaster relief, you can take a larger deduction. But only if you act fast. Your company can deduct up to 100% of your taxable income for cash contributions for relief efforts in qualified disaster areas. That’s due to the Taxpayer Certainty and Disaster Tax Relief Act […]
If you’re looking to take advantage of the newest round of Paycheck Protection Program (PPP) loans, the time is now! The Small Business Administration has started taking applications for the recently re-opened First Draw Loans (Jan. 11, 2021), as well as the new Second Draw Loans (Jan. 13, 2021). Here’s what you need to know […]
If the chaos of the pandemic and year-end caused your finance team to put the idea of an IRS audit on the backburner, now’s the time to bring that focus front and center again.
The holidays have passed, year-end work is in full swing, and 1099 reporting deadlines for 2020 are right around the corner.
The new COVID relief package has arrived, and employers have a lot to sort through. The $900 billion Consolidated Appropriations Act, 2021 makes changes that will help businesses and individuals. And both will require your company’s involvement. To ensure your company and your employees take full advantage of everything in the 5,593-page new law, CFO […]
How confident are you that your finance staff is accurately and timely filing Forms 1042-S? IRS has its eye on those information returns.
For most, this new year represents a clean slate, a time to reflect and refocus. For CFOs, it also brings the 2021 standard mileage rate.
A big part of year-end prep includes getting ready for the next year, which means figuring out where legal and banking holidays fall in 2021.