Attention all businesses impacted by Hurricane Laura: IRS has some temporary tax relief for you. And it lasts for the rest of 2020. Specifically, all tax filing and payment deadlines that occurred beginning Aug. 22 get pushed back to Dec. 31. So says a recent announcement by IRS. This tax relief includes: quarterly estimated income […]
The top 10 causes of workplace injuries – such as slips, trips and falls and strains from lifting heavy objects – cost U.S. businesses more than $1 billion per week, according to a new report from Liberty Mutual Insurance. Disabling workplace injuries cost employers $59 billion per year. And the top 10 causes make up 89% or $52.93 […]
Businesses everywhere are at greater risk for costly damage from the severe storm season this year. And yes, COVID-19 is to blame. The 2020 Atlantic hurricane season will be a doozy: • 13 to 19 named storms (winds of 39 mph or higher), of which • 6 to 10 could become hurricanes. That “above average” […]
NOTE: The effective date was pushed back to April 1, 2020. On March 18th the Senate passed the Families First Coronavirus Response Act, and President Trump signed it into law. The act contains several provisions that will significantly impact employers with fewer than 500 employees. If this applies to you, your obligations become effective […]
You’re currently bombarded by information about COVID-19, the coronavirus pandemic gripping the world right now, much of it changing hour to hour. You’re likely bombarded by questions too — from employees, customers, your CEO. But it’s critical you as CFO also ask a few key questions to make sure your business is ready to weather […]
When trading partners hear or see your company’s name, do you think they grin or cringe? You know in the business world, impressions matter. Plus, every time your company has issues or cuts ties with a customer or supplier, there’s a cost associated. You lose precious labor hours, discount opportunities, maybe even top-notch pricing arrangements. […]
If at least some of the people leading your accounting and finance teams aren’t women, you’re missing a major opportunity.
It’s hard to believe that it’s been over a year since the Supreme Court ruled online sales are taxable in the highly watched case South Dakota v. Wayfair. Chances are, your A/P and A/R departments are still reeling from the massive change and trying to keep up with all the state laws that followed in […]
Prepare your finance staffers now: Year-end may soon look different than it has in the past, thanks to the just-signed Taxpayer First Act.