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Candidate & Employer Interview Tips

By Kevin Kurtz, Practice Leader, Recruiting  I am wishing the LinkedIn Community a wonderful start to the week. Today’s view from atop the Recruiting Soapbox will offer some helpful thoughts and observations for candidates and clients. Since I recruit both for Wiss and our clients, I can offer a unique perspective. Candidates: Your resume is your golden ticket! It is what the Recruiter/Hiring Manager sees first and will determine if you receive an interview (not the ATS the...

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How and how often should I communicate with my investors?

You’ve honed your business plan, you’ve implemented systems and processes, you’ve pitched (and pitched, and pitched again) to prospective financial partners. You’re finally fully funded, but now you face a new problem: Your investors need to stay briefed on the business.  What’s the best way to communicate with your supporters, and how frequently should they receive updates?  This question has come up countless times with our clients over the years, and we’ve learned a thing or two...

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Competition, Chemistry, and Grit: 3 Lessons Soccer Can Teach You About Business

Whether you follow soccer closely or still think a throw-in is when everyone contributes gas money for the ride home, the sport contains many lessons that translate to business. Soccer players get tackled and make mistakes throughout every game. Business leaders make bad judgments, despite their best attempts. In both situations, your team is relying on you to get back up and keep pushing. Chemistry is the missing ingredient a soccer team — or a business — needs to turn a set of...

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PPP Loans Become More Favorable for Small Business, Other Important Updates

By Travis Miskowitz, Director, CFO Advisory The Paycheck Protection Program (PPP) became more favorable to small business as the Small Business Administration (SBA) in cooperation with the Department of Treasury, revised the loan calculation for sole proprietors, independent contractors, and those that are self-employed increasing their chances of obtaining a higher loan amount in contrast to existing guidance. Other important updates were included in two new pieces of...

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The Lasso Way: Management Lessons from Ted Lasso

By William Haemmerle, Director of Transaction Advisory Services There are certain people we meet throughout our lives that we know will change us forever.  They encourage us to become a better version of ourselves.  I recently met one of those people while watching the first season of Ted Lasso on AppleTV.  Yes, I said watching a television show! Beginning with the 2013-2014 season, NBC acquired the broadcast rights to the English Premier League.  The network ran promotional commercials...

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Unemployment Fraud Alert

By Lisa Calick The increased number of unemployment filings over the past few months in the wake of the COVID-19 pandemic has led to a surge in the number of fraudulent claims filed, as reported by many states across the country.  In many cases, third parties attempt to file for unemployment insurance benefits using the name and personal information of someone else who is not out of work.  Employers are finding they are receiving claim notices for individuals that are either actively...

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Helping New Employees Feel Belonging in a Remote Work World

Questions & Wiss Answers: An interview with Amanda Dominguez, Director of People Operations With employees working from home, how can companies make sure new hires are really part the team? Even before the Covid-19 era, research showed that onboarding was one of the biggest challenges for organizations. The need to onboard remotely provides a chance to think about this important process in new ways, including ensuring that you’re putting the right emphasis on making sure new...

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Lease Accounting: The path to compliance extended another year

by Dino Zicopoulos The Financial Accounting Standards Board (FASB)’s Accounting Standards Update (ASU) 2016-02 (Topic 842, Leases), issued in 2016, brought changes to the way companies account for leases on their balance sheets. Recently, however, due to COVID-19, the implementation of this standard was deferred for private companies by another year and is now effective for private companies with fiscal years beginning after December 15, 2021—effectively for companies with calendar...

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Tax Filing Deadline Moved to July 15

by Evan Gernant Secretary Mnuchin announced, this morning, that the filing deadline for 2019 tax returns will be moved to July 15, 2020.  This modifies the IRS announcement from Tuesday which allowed for tax payments to be deferred to July 15, but explicitly required that tax returns be filed by April 15.  Today’s announcement is welcomed news to many taxpayers and tax professionals who felt the original relief fell short of what was needed at this time.  We will continue to monitor...

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Important 2019 Year-End Tasks: HR and Payroll, Including New Form W-4

by Lisa Calick and Laura Melville The end of the year marks an ideal time for employers to take inventory and prepare for the transition to the New Year. As 2019 comes to an end, we put together this checklist to help make sure you are prepared and suggest taking the following action steps: Have your employees review their personal information, including name, address and social security number, and make any updates before Form W-2s are prepared; Review your records and determine...

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