Good But Not That Easy To DoBy Jeff Matthews
In August 2018 the IRS “issued a private letter ruling allowing an unnamed employer to make 401(k) contributions
on behalf of employees who are repaying their student loans, and although it doesn’t set a precedent for other
employers, it’s an interesting development when it comes to fighting student loan...
Supreme Court landmark decision on Sales TaxBy Jeff Matthews
The Supreme Court has ruled that states can mandate that companies, previously outside their jurisdictions,
must collect sales tax on all transactions to which sales tax applies. As a business, you may say, I am a
manufacturer who sells to distributors, my customers purchase for resale....
Tax Law Changes That Will Impact Your BusinessBy Jeff Matthews
Some details may have gotten lost in the noise of the tax law change. Entertainment expense is no longer deductible.
You will need to assess the value of your entertainment spending in light of the changed law. Meals, however,
remain 50% deductible. If your business tracks these two expenses in a single expense...
Are Expense Reports Worth AuditingBy Jeff Matthews
Many payables functions spend considerable time verifying that all expenditures are documented with receipts.
Is this a productive use of the payables function’s time? Major firms answer no. Many payables functions spend
considerable time verifying that all expenditures are documented with receipts...