Over the years, your Payroll team has quickly adjusted to an earlier filing deadline for Forms W-2. Because of that, the IRS may decide to change the deadline for submitting other key Finance forms. In a recent report, the Electronic Tax Administration Advisory Committee (ETAAC) discussed how well Payroll’s done with adapting to the new […]
Your company may or may not have celebrated Juneteenth this year. But now that it’s a federal holiday, it’ll likely affect your company’s payroll and accounting processes going forward. President Biden signed legislation on June 17, 2021, making Juneteenth (June 19), a legal public holiday to commemorate the end of slavery in the U.S. Here’s […]
One thing the pandemic didn’t slow down? Employee attempts to submit some outrageous expenses for reimbursement. Spend management and risk mitigation technology expert Oversight recently released its Top 10 Most Shocking Expenses list. And it’s got some doozies on it! In fact, we were able to pull 20 rather “creative” expenses from it. Wild expenses […]
One of the best ways to measure your A/P team’s success is to look at benchmarks and see how your operations compare to your peers.
Nothing holds up your finance department’s payment process quite like approvers who won’t verify invoices in a timely fashion.
As careful as your finance team is when filing 1099s, even tiny errors can lead to costly penalties from IRS and time-consuming corrections.
Once year-end responsibilities die down, your A/P department can finally focus on its agenda for the rest of the year.
Good news for your finance team: The Service’s new online platform for filing 1099s is coming along nicely.
The hectic 1099 season is fast approaching, and filing deadlines will be here before your finance team knows it.