The IRS recently warned employers to put their Payroll folks on high alert this tax season for phishing scams that have caught many of companies off-guard.
How far can states go when requesting and assessing your company’s finance records in an unclaimed property audit?
There’s lots of talk this time of year about record retention guidelines: which Finance docs and emails to keep, how long to keep them and how to dispose of them when the time has come. Plenty of best practices. But how about the worst ones?
Worried your firm may have overpaid on its state sales and use tax obligations? Having A/P run a reverse audit may alleviate your fears — but is it worth the time and effort?
Many companies enlist the help of external accountants for help with everything from tax preparation to financial audits — and a good number of them end up paying more than they need to.
With the reform law extending the age to which dependents must be offered health coverage, it’s more important than ever to be sure your plan only covers “truly eligible” dependents.
What’s keeping C-level execs up at night? Just a few small concerns like the new overtime rules, a likely increase in bias claims based on sexual orientation, the Affordable Care Act and the threat of workplace violence.
CEOs are looking into the financial crystal ball … and to them, the near future looks a little bleak.
Sure finance pros are a little more used to audits than other departments. But when this IT person heard about an upcoming audit, he probably had no idea just how afraid he should have been.
What is Finance’s best strategy for tax audits? Always expect one to occur.
You’d like to think your employees would never dip into the company cookie jar, pad an expense report or hand in a fake receipt.
Gasoline prices have dropped to comfortable levels over the last few months (thank goodness)!
Many employers are under the impression that healthcare reform will essentially end the need for COBRA coverage, which is one of the few positives they see in the controversial law.
Even though the majority of employees know not to lie about their T&E expenses, tools like this may make it too tempting for some.
Newton may have rethought his theory that “what goes up, must come down,” if he lived to see the increases in healthcare costs over the past decade.
IRS has doled out two business tax warnings, both about things companies should be doing and things they shouldn’t. This tax season, IRS is putting businesses on notice with some not-so-subtle reminders about compliance issues. Take a look at the latest updates to ensure your company steers clear of penalties — or even audits — […]
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