| Nicole M. Ramson

Businesses: It's Time to Get Ready for the New Corporate Transparency Reporting Rules

Attention: Your business may soon have to meet new reporting requirements that take effect on January 1, 2024. Under the Corporate Transparency Act (CTA), which was enacted in 2021, certain companies are required to provide information related to their "beneficial owners"—the individuals who ultimately own or control the company—to the Financial Crimes Enforcement Network (FinCEN). Failure to do so may result in civil or criminal penalties or both.

Handling Student Loan Debt

Starting September 1, 2023, federal student loans will begin accruing interest again. And loan...

Best Practices in Employee Performance Reviews

It's time for calendar year entities to engage in midyear employee performance reviews. Love them...

Think Outside the Box to Find Qualified Workers

The COVID pandemic significantly disrupted the labor force. In 2021, more than 47 million U.S....

Supreme Court Rejects Claim for Exemption from Overtime Pay

Employers and employees are often at odds over the issue of overtime pay. Naturally, employers are...

How to Prepare for Potential Layoffs

There's some sobering news amid other encouraging recent employment data that may take you by...

Financial Benchmarking for Success

A comprehensive benchmarking study can provide your business with a healthy start to the new year....

All Aboard: Recruiting New Nonprofit Board Members

Does your not-for-profit need to replace a departing board director—or add directors to better...

The Minimum Wage for Federal Contractors Is Going Up in 2023

The U.S. Department of Labor's Wage and Hour Division (WHD) recently released two notices regarding...

Tips for Recognizing and Solving Cash Flow Problems

There's more to financial reporting than profits. The statement of cash flows can be a powerful...