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Learn MoreA California company closed without warning or final paychecks just over a decade ago. Now, its owner has paid nearly $2 million after years of state wage enforcement efforts. The state's Labor Commissioner’s Office recovered the money for 136 former…
Companies that owe taxes in New Hampshire will see the same interest rates next year. For all of 2027, the Department of Revenue Administration (DRA) will charge 9% annual interest on tax underpayments and pay 6% annual interest on qualifying…
The Internal Revenue Service (IRS) has released the Affordable Care Act (ACA) affordability update for 2027, giving employers a new figure to consider when reviewing their health plans and preparing for open enrollment. The ACA affordability percentage sets the threshold…
A missed federal payroll tax deposit can trigger hefty penalties -- they just went up on July 1. But a new IRS program could provide automatic penalty relief for eligible employers with a strong compliance history. The IRS's Automatic Exemption…
Employers located or doing business in the U.S. Virgin Islands may avoid the 2026 FUTA credit reduction flagged earlier this year. The territory has officially repaid the federal loan principal that put it on the list, the Virgin Islands Department…
Finance departments have spent years investing in automation, but spreadsheets still handle much of the work. A recent survey by AutoRek puts numbers behind that reality: 90% of finance teams still rely on spreadsheets for their operations. For many teams,…
The median time to complete a monthly financial close is six days – and for some organizations, it takes as long as 10, according to the American Productivity & Quality Center (APQC). Organizations that take too long to complete their…
Finance teams have always known expense fraud is a problem. What's changed is the scale, the motivation, and the profile of who's doing it. New data from two major studies gives Finance a clearer picture than ever before. The Profile…
A change to U.S. tax policy might save your business hundreds of thousands of dollars -- and most companies have no idea it exists. The U.S. has been recognized as a global hub for tech companies since the late 1990s,…
Spirit Airlines didn't fail overnight. The collapse was years in the making – a compounding sequence of financial decisions that any corporate finance team can learn from, regardless of industry. Over the weekend, Spirit canceled all flights, ending a 34-year…
There's an old joke in the corporate world: Accountants are the people who tell you exactly where you've been — but never where you should go. For a long time, that joke was kind of true. Accounting used to be…
Managing cash flow is one of the most pressing challenges finance teams contend with. T&E programs are a large and variable part of company budgets, and the latest research from Navan, The State of Corporate Travel and Expense, shows that…
Resourceful Finance Pro, part of the Rover Insights Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day's headlines, Resourceful Finance Pro delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.
