PRESS RELEASE, NEWS Inclusion of Paro in the Premium Provider Directory will streamline access to Paro’s network of Finance & Accounting experts Paro, a Chicago-based startup disrupting the way companies access on-demand financial expertise, today announced it has...
Every company needs expert financial strategy and direction, but many lack such leadership. More companies are now turning to part-time CFOs to solve their most pressing problems and seize their biggest opportunities. Often, there is simply not a business need to...
The 2021 tax season is unlike any before. With filing deadlines just weeks away, businesses are grappling with the challenges of the ongoing COVID-19 pandemic while also waiting on lawmakers and regulators to decide key issues impacting 2020 business taxes. Tax...
Prior to 2020, Form 1099-MISC was standard for non-employee compensation (NEC). This is no longer the case. Beginning with tax year 2020, employers should use Form 1099-NEC to report non-employee compensation. Here’s what you need to know to file correctly by the 1099...
Many companies that have shifted to remote work still run their businesses and hire employees as if they have traditional offices. The “on-site” mentality lingers. About 40% of managers lack confidence in their ability to manage workers remotely, and 38% say that...
Many companies have survived working remotely during the COVID-19 pandemic, but not all have thrived. In researching the pandemic’s impact, the authors of a Harvard Business Review article on remote managers’ trust issues found that almost one-third of hiring managers...
Minimizing your company’s taxes is a year-round effort. Consider the following tax minimization strategies for your year-end spending and tax planning. 1. Section 179 Deduction for Investments in Property and Equipment Companies can deduct as much as $1 million for...
The share of freelancers at U.S. businesses increased by 15 percent from 2010 to 2019, reaching 16.4 percent, or one of six workers as of the start of this year, according to the ADP Research Institute. More than 57 million professionals are building businesses doing...
Build a better budget for 2021 It’s November. Primetime to plan for 2021. You want to grow your business, but how? Are you going to throw a bunch of stuff against the wall and see what sticks? Keep doing what you’re doing in the hopes it’s working?...
I would consider myself a very social person, an extrovert if you will. I’m a visual learner and a collaborative thinker; I’m in marketing after all. With these things in mind, I’ve always wondered how I’d fare working remotely. Enter the current worldwide crisis,...