April 25, 2018
Why You Need to Consider Data Integration Solutions
How do you get actionable reporting from the reams of data generated by your business on a daily basis? Many companies still rely on Excel spreadsheets to track revenue, expenses, headcount and more. Files are spread across desktops and departments, all waiting to be transformed, summarized and integrated on a daily, weekly or monthly basis. …
April 19, 2018
Tax Reform and Valuation Impacts to Consider
Federal tax reform is here and there are several elements of business and asset valuation that are impacted by the recent change in legislation. The Tax Cuts and Jobs Act of 2017 (tax reform) was signed into law on December 22, 2017, and impacts all private company business valuations performed after this date in several …
April 6, 2018
The Current State of U.S. ICO Compliance
As the SEC has yet to make an official ruling or create a governance entity to oversee ICOs (initial coin offerings) or TGEs (token generating events) and related processes, the current U.S. compliance landscape surrounding ICOs and related cryptocurrencies is quite ambiguous. Along with this regulatory uncertainty, future compliance may be costly and limit projects’ …
April 3, 2018
No, You Can’t Wriggle Out of Paying Overtime
Looking for an easy way out of paying overtime? We don’t blame you. It’s a convoluted issue that (ironically) makes accounting teams put in longer hours to comply with all the various labor mandates. You can’t simply raise pay, however, or change a title to make a position exempt from overtime. And if you try …
March 28, 2018
Monte Carlo Simulations: What The NCAA Tournament’s First Ever #1 Seed Upset Can Teach Us
As companies strive to accurately align executive equity compensation with company performance, an increasing number of companies are granting market or performance-vested restricted stock rather than time-vested restricted stock. Performance-based restricted stock awards vary in their terms and complexity, but they are often dependent on the company’s stock price performance over a given period of …
March 19, 2018
GDPR is Coming – Learn What You Need to Know
Don’t get burned by the new GDPR rollout. U.S.-based companies aren’t exempt―here’s what you need to know about your risks and how to prepare. What You Need to Know About GDPR GDPR, or the General Data Protection Regulation, is coming and is being called the biggest change to data security in the last 20 years. …
March 16, 2018
How to Keep Workers’ Compensation Costs Low
Workers’ compensation insurance is a vital piece of company-owned insurance. As an employer, you are legally obliged to carry the insurance if you employ one or more workers, unless you have employees in a state that doesn’t require coverage (e.g. Texas). Rates are calculated based on two factors: your gross payroll, multiplied by a rate …
Marijuana in the Workplace – Clearing the Smoke
Since 1996, 29 states and the District of Columbia have legalized medical marijuana. There are currently nine states, as well as DC, that have adopted laws legalizing cannabis for recreational purposes. As the use of marijuana, both medically and recreationally, increases in the United States, employers should review their policies―specifically regarding drug testing, company policies and …
California’s New Parent Leave Act (NPLA)
When it comes to parental leave, administration and tracking can get complicated, since there are multiple federal, state and local laws that govern it. The new California New Parent Leave Act (NPLA) applies specifically to small businesses. Effective January 1, 2018, California enacted the NPLA, expanding this entitlement leave to smaller businesses that weren’t subject to these …
February 27, 2018
Why Paying Your Taxes Late Is a Bad Idea
Business owners pay a variety of company business taxes, in addition to their own personal taxes. Scariest of all, they pay taxes for employees, by withholding income taxes from the employee’s paycheck and remitting them to the government on the employee’s behalf. Every business owner has also paid taxes late at some time or another, …