Millions of people are unaware of how their personal data is being collected, used, or shared in an increasingly digital society. As a business, it’s more important than ever to have a data privacy strategy to protect customers and employees and remain compliant with applicable regulations.
Beginning January 1, 2021, pooled plan providers could start Pooled Employer Plans (PEPs), which Congress created to expand access to retirement benefits by allowing companies in unrelated industries to participate in a multiple employer plan (MEP). A little more than one year later, here’s what you need to know…
As we move beyond the 2021 tax filing season, small businesses and self-employed taxpayers should be certain to take advantage of all of the tax deductions and opportunities available to them. The following are 10 top tax breaks for small businesses and business owners to keep in mind when finalizing their tax returns for 2021 and planning for 2022.
Cryptoassets have been taking off so quickly that President Biden signed an executive order in March outlining a government approach to address the risks and harness the benefits of cryptocurrency while urging the research and development of a U.S. Central Digital Bank Currency. Yet, for all the attention cryptoassets are receiving, many business leaders are still trying to understand what they are, how they work, and the pros and cons of using them.
Many supply chain industry pundits would have us believe the situation will worsen — that severe shortages and delays will continue through 2022 and potentially well beyond, and that businesses will be at the mercy of external factors outside of their control. Fortunately, however, manufacturers have options to minimize the impact to their supply chains with a little clarity, discipline, and direction.
The emergence and persistence of supply chain disruptions continue to weigh on restaurants’ ability to stock their shelves and maintain their menu variety. Though these interruptions have come in many forms throughout the years, one major disruptor has been the lasting impacts of the COVID- 19 pandemic.
The effects of remote work, online shopping and the continued decline in business travel, among other phenomena caused by the pandemic, are forcing owners and investors to ask, “Does location even matter anymore?”
An integral part of the industry, dealerships are also seeing significant changes, especially as it pertains to EV, which is the focus the rest of this article.
The new mandatory capitalization rules also apply to software development costs, regardless of whether the software is developed for sale or license to customers or for internal use.