While Bank Secrecy Act/Anti-Money Laundering (BSA/AML) requirements are nothing new for bank and credit union leaders, financial institutions are now required to capture and report even more data to satisfy…
Archives for July 2018
Withholding Changes in Store for 2019 – Are Your Payroll Systems Ready?
A new version of a federal withholding form could significantly impact employee income tax calculations and employer payroll systems. In early June, the IRS issued a draft of its revised…
Cycle Counting Provides Advantages Beyond Inventory [INFOGRAPHIC]
Do you know what’s in your warehouse? Inventory accuracy is a critical underpinning of an optimized supply chain. Cycle counting allows businesses to regularly validate inventory in place of or…
Nonprofits: Lessen the Impact of New Executive Compensation Excise Tax with These 3 Tactics
Editor’s note: On January 12, 2021, the IRS released final regulations for Internal Revenue Code Sec. 4960, which provided certain nonprofit organizations with more clarity around the 21 percent excise…