Fires like the tragic one that devastated the Hawaiian island are among many disasters where advisors can play a role in mitigating or preventing losses.
Archives for August 2023
Guidance issued on consequences of certain state payments after 2022
The IRS issued guidance on the treatment of refunds of state or local taxes and certain other payments made by states made to individuals in 2023 and future years, including spillover payments made in 2023 under 2022 programs covered by IRS News Release IR-2023-23.
Businesses must e-file Form 8300 for $10,000+ cash payments in 2024
The new e-filing requirement, beginning in 2024, applies to businesses mandated to e-file certain other information returns, such as Forms 1099 series and Forms W-2.
Xero Beautiful Business Fund: How to apply & application tips
The Xero Beautiful Business Fund has officially been open for one week and we’ve received an incredible response so far! We have four funding categories that Xero small business customers can apply to. Whether you’re looking to take the next step in your sustainability journey, seeking to innovate with the latest technological advancements, give back […]
MyVest rolls out transition planning, risk management and analysis upgrades for advisors
The West Coast firm has new tools to manage both asset class drift and “what ifs” in client portfolios.
Business Update – 31 August 2023
Welcome to our Monthly Digest – stay in the know with some recent news updates relevant to business and the economy. Cybersecurity tips for SMEs Earlier this year, Australia has seen a series of high-profile cyber attacks that shook the business world, resulting in multimillion-dollar financial losses for numerous organisations. As Australian businesses increasingly rely […]
Crafting More Equitable Advisor Non-Solicit Agreements With The ACRES Agreement
Non-compete agreements (where a company prohibits an employee from working for competitors, at least for a certain period of time) are often used to help companies protect their investment in the employee (e.g., the time and money spent training the employee) as well as preventing the employee from taking the company’s best practices to a […]
Artificial intelligence: 8 emerging technologies
The ship has finally landed. Or perhaps it’s actually sailed? Whichever way you see it, 2023 will no doubt be earmarked in the annals of history because we can count ourselves as the first humans to witness the true birth of Artificial Intelligence. Not only has the tech finally matured, but various permutations of its […]
Small business news wrap for August!
No time to read and digest the glut of business news swirling in the online jet stream? Here’s a quick roundup of Australia’s most pressing and interesting business news in August 2023. What does the end of 3G mean for Australian businesses? Not everyone is aware that the 3G network is about to be switched […]
Balancing automation and compliance in expense reporting
This guest blog post was written by the team at financial management app, Expensify. Finding the right balance between automation and compliance in any business process can be challenging. For example, when it comes to managing expenses, manual expense tracking and paper-based processes can lead to errors, delays, and inefficiencies. On the other hand, automating […]