IRS Releases New Draft of Form 941 for 2020
Employers filing Form 941 each quarter will need to allocate a bit more time to preparing their second, third, and fourth quarter reports this year.
Don’t Be Left Cyber-Defenseless
Eight Tips for Shoring Up Your Defenses Most U.S. organizations process important information every single day, every single hour, every single minute. When that information
Could the Affordable Care Act Cost You Millions?
The IRS is informing more and more employers that they are facing Affordable Care Act penalties for failing to meet the employer mandate. Planning and
Timely Deposits of Participant 401(k) Plan Contributions More Important Than Ever
When employees contribute a percentage of their wages to their employer’s sponsored retirement plan, they often assume the money is transferred into their account on
Some Tax-Advantaged Personal Property Exchanges No Longer Available After Tax Reform
Although the Tax Cuts and Jobs Act (TCJA) was written into law more than a year ago, it continues to play a strong role in
Best Practices for Month-End Close
While the beginning of the month can signify a fresh start for some, small businesses and their accounting departments sometimes associate the first few days
What Are Your Financial Statements Telling You?
As a small business owner, you’ve almost certainly heard the phrase, “your financial statements say a lot about your organization.” But the truth is,
Is the Worker You Just Hired an Independent Contractor or an Employee?
It sounds like this would be a simple question to answer – but is it? Determining your new worker’s employment status may be trickier than
Three Reasons Why You Should Upgrade Your Expense Management Software
In today’s fast-paced environment, we thrive on efficiency — of resources, time, and energy. One of the easiest ways for a growing business to streamline
What Employee Benefit Plan Sponsors Need to Know About Cybersecurity
Most organizations have some sort of formal plan in place to protect their electronic data, but many of those security measures neglect to address these
Volatile Insurance Rates in the Energy Sector
The energy market is inherently volatile, and even small changes to the political, regulatory, and natural environments can invite new risks to the playing field.
Meals and Entertainment Expenses After Tax Reform
The 2017 Tax Cuts and Jobs Act (TCJA) made several changes to the tax deductibility of meal and entertainment (M&E) expenses. In an effort to